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Odisha Seeks to Turn Investment Commitments Into Factories

Odisha Seeks to Turn Investment Commitments Into Factories
From MoUs To Factories: Odisha’s Industrial Push Gathers Pace · deccanchronicle.com

Odisha wants more companies to build factories and businesses in the state.

Officials say many projects have been approved, and some have already started construction or opened.

Mining and metals will remain important, but the state also wants to attract technology, clean energy and other industries.

Large data-centre projects will need dependable power, water, land and skilled workers.

The government also wants industries that can provide jobs to many people, including in textiles, food processing and tourism.

It says development should reach regions beyond the existing industrial hubs.

Officials say projects should follow environmental and land rules and create opportunities for local communities.

Odisha's goal is to become a $500-billion economy by 2036.

Key facts

Projects approved in 2025-26
234 projects worth Rs 4,63,596 crore, with stated employment potential of 2,46,337.
2025-26 implementation milestones
85 projects reached groundbreaking and 21 were inaugurated; together, 106 projects involved Rs 2,17,709 crore and employment potential of 1,57,964.
Progress by September 2026
151 projects worth Rs 3,11,722 crore had reached groundbreaking or inauguration, with employment potential of 2,40,697.
Data-centre and IT approvals
Four IT, IT-enabled services and data-centre projects were approved, involving approximately Rs 1.43 lakh crore.
District coverage
The latest High-Level Clearance Authority approvals included 27 projects across 15 districts.
Economic ambition
Odisha aims to become a $500-billion economy by 2036.
Policy update
The Industrial Policy Resolution 2022 was amended in June 2026.

Sources

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