Odisha Chief Minister Mohan Charan Majhi on Monday laid the foundation stones for 27 new industrial projects across 12 districts, giving a major boost to the state’s industrial growth and employment generation strategy. The state government projects that these ventures will collectively attract investments worth ₹25,380 crore and generate over 52,000 direct and indirect jobs.
The foundation stone laying ceremony was held at the Agriculture Education Hall of OUAT in Bhubaneswar, in the presence of senior officials including Industries Minister Sampad Swain, Chief Secretary Manoj Ahuja, departmental secretaries, and representatives of leading corporate houses.
Investments Across Sectors and Districts
The new projects span multiple districts — Ganjam, Jharsuguda, Khordha, Koraput, Angul, Bhadrak, Sundargarh, Cuttack, Puri, Sambalpur, Jajpur, and Rayagada. Together, they represent a diverse mix of industries including chemicals, textiles, plastics, cement, food processing, and pharmaceuticals.
Officials noted that the multi-sectoral spread reflects Odisha’s strategy of ensuring balanced regional development while strengthening its industrial ecosystem.
Major Announcements
Among the most significant announcements was SRF Limited’s project in Ganjam district, involving an investment of ₹10,000 crore. The venture, focused on chemicals and allied industries, is expected to generate nearly 20,000 jobs, making it one of the state’s largest private sector investments in recent years.
In Jharsuguda, Epsilon Carbon Ashok Pvt Ltd will establish a major facility with an outlay of ₹5,806 crore, creating around 2,500 employment opportunities.
Meanwhile, in Khordha district, Shree Bajrang Power and Metallics Ltd announced a rare earth minerals project across Sahaspur, Gediapalli, and Santrapur, backed by an investment of ₹2,096 crore.
Other projects include large-scale ventures in cement production, textiles, food processing units, and pharmaceuticals, with several MSMEs also contributing to the investment pipeline.
Employment and Economic Impact
The government projects that these 27 ventures will lead to the creation of over 52,000 jobs across sectors, ranging from high-skill positions in advanced manufacturing to opportunities in allied industries. Officials highlighted that the projects will also help strengthen local supply chains, infrastructure, and export potential.
Odisha as an Investment Hub
Speaking at the event, CM Majhi underlined Odisha’s growing reputation as an investment destination. He credited the state’s proactive policy framework, industrial corridors, and strategic infrastructure for enabling such large-scale industrial commitments.
“The foundation of these 27 projects reflects Odisha’s journey towards becoming a national hub for sustainable industrial growth. These ventures will not only boost employment but also diversify opportunities across our districts,” Majhi said.
Industries Minister Sampad Swain added that Odisha is focused on both traditional and emerging sectors, ensuring the state remains competitive while balancing social and environmental goals.
Rising Industrial Profile
The Majhi government has been emphasizing the importance of industrial growth as a driver of Odisha’s long-term economic vision. By attracting both domestic and global companies, Odisha aims to position itself as a preferred destination for large-scale investments, complementing the state’s strengths in minerals, energy, and skilled manpower.
With an eye on Vikshit Odisha 2036, these new industrial projects are expected to accelerate Odisha’s growth story, creating employment, boosting exports, and reinforcing the state’s position on the national investment map.
