Archive · 10 Oct 2026
Odisha Seeks to Turn Investment Commitments Into Factories
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.
Odisha says 234 projects worth Rs 4,63,596 crore were approved in 2025-26, with 85 reaching groundbreaking and 21 inaugurated.
By September 2026, 151 projects worth Rs 3,11,722 crore had reached groundbreaking or inauguration under the new government.
The state aims to expand beyond mining and metals into data centres, semiconductors, AI, green energy, healthcare and advanced manufacturing.
The government says four recently approved IT, IT-enabled services and data-centre projects involve about Rs 1.43 lakh crore.
Odisha is promoting both high-skilled and labour-intensive jobs, with a goal of becoming a $500-billion economy by 2036.
- Who
- The Odisha government, led by Chief Minister Mohan Charan Majhi, and investors pursuing projects in the state.
- What
- Odisha is seeking to convert investment approvals into implemented projects and broaden industrial development.
- When
- The interview discusses project figures for 2025-26 and progress reported through September 2026, as well as a 2036 economic goal.
- Where
- Across Odisha, including 15 districts covered by recently approved projects.
- Why
- To diversify industry, increase value addition and employment, spread growth across regions, and support the goal of a $500-billion economy by 2036.
Investment and industrial expansion
Implementation and safeguards
Investment commitments versus delivery
Investment and industrial expansion
The government says project approvals and groundbreaking or inauguration milestones show investment proposals are progressing toward implementation.
Implementation and safeguards
The interview identifies turning investor interest into concrete projects as an ongoing task requiring coordinated clearances and project facilitation.
Industrial growth versus local and environmental concerns
Investment and industrial expansion
The government argues industrial development can generate employment, value addition and opportunities for local communities.
Implementation and safeguards
Projects must also comply with environmental and land provisions and rehabilitation and resettlement requirements; the government says it is encouraging cleaner and more sustainable practices.
- 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.