Utkarsh Odisha Conclave: 145 MoUs worth Rs 12.9 lakh crore investment signed

Bhubaneswar: The Odisha government has signed 145 MoUs with various companies which have proposed to invest Rs 12.89 lakh core which would generate employment for 8.94 lakh people.

Chief Minister Mohan Charan Majhi informed this at the two-day business summit, ‘Utkarsh Odisha, Make in Odisha Conclave, 2025’, which came to an end on Wednesday.

Majhi said, “A total of 145 Memorandums of Understanding (MoUs) were signed in this summit. Through these MoUs, agreements have been made for investments worth Rs 12.89 lakh crore.”

The two-day Utkarsh Odisha – Make in Odisha Conclave 2025 has been a great success. The event witnessed an unprecedented gathering of industry leaders, global delegates, investors, and policymakers, the Chief Minister said.

The conclave received an overwhelming response, with a total of 145 investment-related Memorandums of Understanding (MoUs) were signed, paving the way for transformative industrial projects and partnerships in Odisha, the CM said.

MoUs worth ₹12.89 Lakh Crore of investment received across various sectors such as chemicals & petrochemicals, textiles, mining and metallurgy, renewable energy, IT/ITeS, tourism, and food processing.

These investments are expected to generate over 8.94 Lakh job opportunities, creating a significant socio-economic impact and ensuring inclusive growth across the state, he added.

Apart from the MoUs signed, 448 no. of investment intention forms with an investment value of ₹3.84 lakh crore were received with an employment potential of 3.92 Lakh jobs.

The Utkarsh Odisha Conclave have been a huge success with the state receiving a total of 593 projects with an investment of ₹16.73 lakh crore and employment potential of 12.88 lakh across over 20 sectors.

“By inaugurating this conclave himself, Hon’ble Prime Minister Shri Narendra Modi Ji has extended his unwavering support to Odisha. The Prime Minister in his message to global industries have said that ‘Odisha is the best. Odisha is now and excellent place for investment.’ I therefore personally express my gratitude to the Hon’ble Prime Minister, and extend my sincere thanks on behalf of the four and a half crore people of Odisha,” Majhi said.

The conclave attracted delegates from over 16 countries, including representatives from the Partner Countries – Singapore, Malaysia, and Australia – further strengthening Odisha’s position as a global investment destination.
“We are committed towards achieving the vision of Samrudh Odisha 2036 and contributing to Viksit Bharat 2047,” the Chief Minister said.