In Short : The Odisha government has approved 17 projects worth ₹3,878.86 crore across 11 districts, expected to generate over 10,500 jobs. Key investments include textile, recycling, sensor, electronics, battery storage, steel, and logistics sectors. Major proposals include MAS India’s ₹885 crore textile unit and Greenwave’s ₹650 crore recycling plant, boosting industrial growth and regional development in the state.
In Detail : The Odisha government has given the green light to 17 investment proposals amounting to ₹3,878.86 crore. These approvals came during the 137th meeting of the State Level Single Window Clearance Authority, chaired by Chief Secretary Manoj Ahuja. The projects are spread across 11 districts and are expected to boost industrial growth in the state.
These investments are projected to generate around 10,584 employment opportunities, benefiting local communities and supporting the government’s push for economic development. The approved proposals span multiple sectors, including textiles, recycling, ceramics, electronics, energy storage, steel, sensors, and logistics.
Among the largest investments is MAS India Clothing’s ₹885 crore textile manufacturing unit, which will be established in the Khurda district. Another major project in Khurda is Greenwave Circularity’s ₹650.23 crore plant focused on recycling and resource recovery, reflecting a growing interest in sustainable industries.
The electronics and sensor sectors will also see significant investments. Heraeus Technologies plans to set up a ₹188.46 crore sensor facility, while Addsoft Technologies will invest ₹112 crore in an electronic device manufacturing unit. These projects aim to enhance Odisha’s presence in the high-tech manufacturing space.
In the energy and heavy industry segment, Iron Triangle will invest ₹310.75 crore in a battery energy storage system project in Balangir. Meanwhile, Samaleshwari Ferrometals has received approval for a ₹400 crore steel manufacturing expansion, marking a boost to Odisha’s core industrial base.
Additionally, two logistics projects with a combined investment of ₹436.20 crore have been approved to strengthen the state’s transport and supply chain infrastructure. These ventures are expected to improve regional connectivity and facilitate smooth movement of goods, supporting Odisha’s long-term economic goals.
