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Odisha Clears 27 Projects Worth Rs 2.45 Lakh Crore
The Odisha government has approved 27 large industrial projects.
The projects could attract more than Rs 2.45 lakh crore in investment.
Officials say they could create about 50,000 jobs.
The projects will be spread across 15 districts.
Data centres and information-technology projects make up the biggest investment group.
Other projects involve renewable energy, steel, semiconductors, green hydrogen and advanced manufacturing.
The Adani Foundation has approval to build a 1,000-bed hospital in Khurda.
The government says the projects will help spread industry beyond existing industrial areas.
Actual construction and jobs will depend on land, funding, clearances and timely execution.
Odisha approved 27 industrial projects involving more than Rs 2.45 lakh crore in proposed investment.
The projects are planned across 15 districts and have potential to create 50,162 jobs.
Four IT, IT-enabled services and data-centre projects account for about Rs 1,42,941 crore.
Four power and renewable-energy projects involve Rs 54,287.70 crore, while two steel projects total Rs 14,000 crore.
The approvals include AI, semiconductors, green hydrogen, advanced manufacturing and a Rs 2,150-crore, 1,000-bed hospital in Khurda.
- Who
- The Odisha government, led by Chief Minister Mohan Charan Majhi, approved the proposals.
- What
- Approval was granted to 27 industrial projects with proposed investment exceeding Rs 2.45 lakh crore and potential employment of 50,162 people.
- Where
- The projects are planned across 15 districts of Odisha, with named projects in Khurda, Puri, Cuttack and Sundargarh.
- When
- The projects were approved at an HLCA meeting on Wednesday, September 23; the report was dated September 24.
- Why
- The government said the projects aim to expand investment beyond conventional industrial clusters and promote balanced regional development.
Key facts
- Approved projects
- 27
- Proposed investment
- More than Rs 2.45 lakh crore; a government post described the pipeline as Rs 2.47 lakh crore
- Potential employment
- 50,162 jobs
- Geographic spread
- 15 districts of Odisha
- Largest investment segment
- Four IT, IT-enabled services and data-centre projects worth around Rs 1,42,941 crore
- Power and renewable energy
- Four projects worth Rs 54,287.70 crore
- Hospital proposal
- A 1,000-bed multi-speciality hospital in Khurda, involving Rs 2,150 crore
Quotes
Mohan Charan Majhi
Chief Minister of Odisha
“The geographical spread, together with the diversity of sectors, reflects the state government’s focus on expanding investment opportunities beyond conventional industrial clusters, and promoting balanced regional industrial development.”
theprint.in
financialexpress.com
An official
Odisha government official
“A defining feature of the HLCA approval is the unprecedented scale of investment proposed in IT, ITES and data centres. Four projects in this sector account for a combined investment of around Rs 1,42,941 crore, making it the largest investment segment among the approved projects.”
theprint.in
Sources
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