Archive · 9 Jan 2026

Odisha Approves Rs 55,783 Crore Investments

Odisha Approves Rs 55,783 Crore Investments

The Odisha government has approved seven big industrial projects worth Rs 55,783 crore.

These projects will create over 14,500 jobs in sectors like steel, rare earth, automobiles, and semiconductors.

They will be set up in districts like Dhenkanal, Ganjam, Keonjhar, and Khurda.

The biggest project is a steel plant by Saffron Resources Private Limited, which will invest Rs 35,000 crore and create 8,000 jobs.

The government aims to make Odisha strong and self-sufficient by 2036 through these investments.

Additionally, the Chief Minister emphasized the importance of skill development to ensure that the youth can secure employment within the state.

The government is upgrading ITIs and establishing AI laboratories to promote skill development in various fields.

Sources