Bhubaneshwar,17/2 : In a major development Odisha Chief Minister Naveen Pattnaik approved 22 major Industrial project in the state.
In a major boost to the Make in Odisha, these 22 industrial units with a combined investment of Rs.13, 311.53 Crore will generate employment opportunities for 10,677 persons in the state.
Speaking on the occasion, Hon’ble Chief Minister said that he is pleased as Odisha is going high with impressive investments in the manufacturing sector, step by step, making the position of the State stronger as a Manufacturing Hub of India. He further said that our consistent efforts to improve the investment ecosystem laced with our peaceful social climate are paying off to realize our desired goal.
Expressing happiness over the new projects, he said that we are launching 22a industrial projects with an investment of over Rs 13,000 crore that can create jobs for over 10, 600 persons.
Highlighting the impact of the 5T Initiatives, he said that Mo Sarkar and 5T Initiatives of his Government are solidly in place to effectively streamline the investment facilitation mechanism in the State. We must ensure that the Citizens and Businesses are provided services from the Government in a hassle-free and time bound manner, he added.
During the occasion, he launched the mobile version of GO PLUS, a land bank information system, and said it will be particularly helpful for Micro, Small and Medium Enterprises in the State.
Speaking on the rise of Odisha as an investment destination, he said over the past few years, Odisha has emerged as number one investment destination with 18 percent share of all investments nationally during the period from April to September in 2019. The state’s investment promotion agency, IPICOL has been recognized as the “Top Performer” amongst 20 State Investment Promotion Agencies in the country by Government of India, he added. Further the implementation of ease of doing business reforms by various departments will ensure that businesses continue to grow in the state. Today’s event is a proof of the continued dominance of Odisha in investment attractiveness as well as facilitation, he emphasized.
He expressed confidence that these projects will provide ample opportunities for employment and help the growth of the state’s economy.
Captain Shri Dibya Shankar Mishra, Minister of Energy, Industries, Micro, Small & Medium Enterprises and Government of Odisha said that with the launching of these projects, Odisha has moved one step ahead in industrialisation. The vision and the able leadership of Hon’ble Chief Minister has made Odisha formidable in attracting investments, he added.
A video on the new projects was screened during the occasion.
Secretary to Chief Minster (5-T) Shri V.K. Pandian moderated the programme.
Principal Secretary Industries Shri Hemant Sharma gave the welcome address, CMD IDCO, Shri Sanjay Kumar Singh proposed the vote of thanks.
The other dignitaries present in the ceremony were, Shri Suresh Chandra Mahapatra, Chief Secretary, Shri P.K. Jena, Development Commissioner, Shri Satyabrat Sahu, Principal Secretary, MSME, Dr Nitin Jawale, MD, and IPICOL.
The projects that were inaugurated include:
● A five-star hotel in Bhubaneswar by Lifeline Multi-ventures Pvt. Ltd. against an investment of INR 150.38 crore which will generate potential employment opportunities for over 240 persons.
● A 2.5 MTPA Cement Grinding Unit at Tangi-Choudwar by OCL India Ltd. with an investment of 441.43 crore with an employment opportunity for 141 persons.
The projects for which ground-breaking was done are:
KTL Logistics and Services Limited(Purvi Bharat) 182.28 850 Inauguration Choudwar, Cuttack Logistic Park Logistics & Infrastructure
5 Star Hotel Tourism
Shyam Metalics and Energy Limited 76.92 610 Inauguration Pandloi, Sambalpur Pellet plant Expansion from 0.3 MTPA to 1.2 MTPA capacity Metal and Metal Downstream
Fun Leela Water Park 4.49 33 Inauguration Lahandabud, Jharsuguda Water and Amusement Park Tourism
Lackeir Stilit Plastic Industry 1.60 78 Inauguration Rambha, Ganjam Recyclying of waste plastics Plastics
Jindal Stainless Ltd 6,840.00 2,236 Ground Breaking Kalinganagar, Jajpur Expansion of its Crude Stainless Steel capacity From 1.1 MTPA to 3.2 MTPA and Cold Rolling Mill capacity from 0.8 MTPA to 2.4 MTPA Metal & Metal Downstream
Yazdani Steel & Power Limited 2,415.00 2,867 Ground Breaking Kalinganagar, Jajpur Expansion of its Integrated steel plant from 0.07 MTPA to 1.19 MTPA Metal & Metal Downstream
Shiva Cement Limited (SCL) 1,523.24 600 Ground Breaking Kutra, Sundergarh Additional Clinker capacity of 1.32 MTPA and Cement capacity of 1.05 MTPA Metal & Metal Downstream
MGM Minerals Limited 801.89 1,215 Ground Breaking Nimdha, Dhenkanal Expansion of its project by setting up 0.125 MTPA Sponge Iron Plant , 0.6 MTPA Pellet Plant, 0.25 MTPA MS Billets, 0.25 MTPA TMT & Wire Rods and 40 MW Captive Power Plant Metal & Metal Downstream
GM Iron & Steel Company Limited 607.52 592 Ground Breaking Parjang, Dhenkanal Expansion of its project by setting up 0.8 MTPA Pellet Plant, 0.2379 MTPA DRI plant, 0.195 MTPA Billet, 0.24 MTPA Wire Rod Mill, 0.416 MTPA Slag Cement and 46 MW Captive Power Plant Metal & Metal Downstream
Cement grinding unit of 2.5 MTPA capacity Cement
BR Sponge and Power Limited 200.20 550 Ground Breaking Tumkela, Sundergarh Expansion of project by setting up 0.21 MTPA Sponge Iron,1 MTPA Iron ore Beneficiation,0.6 MTPA Pellet, 0.112 MTPA MS Billets, 0.112 MTPATMT, 50 TPH Coal Washery, and 24 MW Captive Power Plant Metal & Metal Downstream
Excellence Engimac Pvt Ltd 12.25 104 Ground Breaking Chhatabar, Khordha Aluminium Extrusion Metal Downstream
Surya International 11.44 213 Ground Breaking Info Valley II, Khordha Lithium Battery, Solar Panel & Inverter IT& ESDM
RR Amusement Park 10.44 45 Ground Breaking Bolangir Amusement park Tourism
Pallavi Polymers 8.76 52 Ground Breaking Ganeswarpur, Balasore Manufacturing of PVC, HDPE and LDPE products Plastics
Sushant Minerals P Ltd 6.50 45 Ground Breaking Choudwar, Cuttack Manufacturing of PP compound & PVC/HDPP plastic composite board unit Plastics
T.P. Ingredients Pvt Ltd 4.91 62 Ground Breaking Chhatabar, Khordha Establishment of a stabilising Ageners, cakes, Emulsifiers & Bakery powder manufacturing unit Food Processing
Supuf Industries Pvt Ltd 4.53 46 Ground Breaking Ramdaspur, Cuttack Discontinious Line PUF panel Manufacturing
Lisa Plastics 3.00 40 Ground Breaking Chhatabar, Khordha Manufacturing of plastic tank, rotomoulded products Plastics
Ranganath Transformers Pvt ltd 2.44 25 Ground Breaking Jaymangal, Khordha Transformer manufacuting unit Manufacturing
Karubaki Enterprises 2.31 33 Ground Breaking Kurki, Puri Bottle Jar, Cane, Cap Closure, Key Chain Plastics.
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