On Saturday, the Odisha government approved 19 investment projects worth Rs 3,663 crore.
These projects, which were cleared during a meeting of the State Level Single Window Clearance Authority (SLSWCA) chaired by Chief Secretary Pradeep Kumar Jena, are expected to employ around 13,500 people, according to an official release.
The EPIC Group, a Hong Kong-based garment manufacturer known for providing some of the world’s most recognizable brands, has announced plans to increase foreign direct investment (FDI) in Odisha.
Trimetro Garments India Pvt Ltd, an EPIC Group company, has announced plans to invest Rs 376.85 crore in the building of its clothing manufacturing facility in the Khurda district.
Several steel businesses, including Nezone Steel Utkal LLP, Advance Steel Tubes Limited, Nirmal Steels Private Limited, Rungta Mines Ltd, Ferro Tech India Pvt Ltd, and Super Sonic Logistics Pvt Ltd, have had their bids accepted by the state government. These enterprises have proposed a total investment of over Rs 2,000 crore in areas such as Kalinganagar, Dhenkanal, and Sundergarh.
In the renewable energy sector, Mahanadi Coalfields Limited (MCL), a federal government company, and the state-run Odisha Power Generation Corporation Limited (OPGCL) have proposed investments of Rs 297.61 crore and Rs 215 crore, respectively.
Time Technoplast Ltd and Oricon Enterprise Ltd received state approval to establish manufacturing operations in Khurda, with investments of Rs 57 crore and Rs 90 crore, respectively.
The government also approved infrastructure projects proposed by Koli Commercial LLP and Vimla Infrastructure (India) Pvt Ltd to establish private freight terminals under the Gati Shakti Multi-Modal Terminal program.
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