Odisha CM Mohan Charan Manjhi Approves 12 Major Industrial Projects Worth Rs 39,271.50 Crore
The Odisha government has given the green light to 12 key industrial projects during the 36th High-Level Clearance Authority (HLCA) meeting, chaired by Chief Minister Mohan Charan Manjhi. These projects, with a total investment of Rs 39,271.50 crore, are expected to create 17,098 jobs across various sectors.
CM Manjhi has set a goal of attracting Rs 2.5 lakh crore in industrial investments over the next five years. Impressively, in the first 100 days of the new government, 90% of the annual target has already been achieved, with Rs 44,682.92 crore in investments approved, generating 36,462 jobs.
Diverse Industrial Projects
The approved projects cover a wide range of industries, including ESDM, Steel, Metal Downstream, Chemical, Cement, Green Ammonia, and Rubber/Plastics. These projects are strategically located in eight districts: Khurdha, Dhenkanal, Jagatsinghpur, Cuttack, Sambalpur, Ganjam, Balasore, and Keonjhar.
Key Projects and Investments
| Sector | Company | Investment (Rs Crore) | Jobs |
|---|---|---|---|
| ESDM | Silectric Semiconductor Manufacturing Pvt. Ltd., Heterogeneous Integration Packaging Solutions Private Limited, Kaynes Circuits India Pvt. Ltd. | 6,355.50 | 2,320 |
| Chemical | Laxmi Organic Industries Ltd., Epigral Limited | 5,355.00 | 1,900 |
| Metal Downstream | Electrosteel Castings Limited, Jindal (India) Limited, Bhushan Power and Steel Limited | 12,191.00 | 5,570 |
| Steel | Shyam Steel Manufacturing Limited | 2,510.00 | 3,640 |
| Cement | Ambuja Concrete North Pvt. Ltd. (ACNPL) | 1,400.00 | 410 |
| Green Ammonia | Torrent Green Hydrogen Private Limited | 10,260.00 | 1,558 |
| Rubber/Plastics | Dalmia Bharat Refractories Limited | 1,200.00 | 1,700 |
CM Manjhi expressed his commitment to making Odisha a premier investment destination in India, emphasizing the state’s focus on industrial growth and job creation. The government is implementing various measures to make Odisha one of the most business-friendly states in the country.
With these projects moving forward, Odisha’s economy is expected to grow significantly, making it a top choice for investments and industrial growth in Eastern India.
Doubts Revealed
Odisha -: Odisha is a state in eastern India, known for its rich culture, history, and natural beauty.
CM -: CM stands for Chief Minister, who is the head of the government in an Indian state.
Mohan Charan Manjhi -: Mohan Charan Manjhi is the Chief Minister of Odisha, the person who leads the state government.
Rs 39,271.50 Crore -: Rs 39,271.50 Crore is a large amount of money. One crore is equal to 10 million rupees, so this is a very big investment.
High-Level Clearance Authority -: The High-Level Clearance Authority is a group of important people in the government who approve big projects and investments.
ESDM -: ESDM stands for Electronics System Design and Manufacturing, which involves making electronic products and systems.
Green Ammonia -: Green Ammonia is a type of ammonia produced using renewable energy, which is better for the environment.
Rs 2.5 lakh crore -: Rs 2.5 lakh crore is a huge amount of money. One lakh crore is equal to 100,000 crores, so this is a very big target for investments.