Under the astute leadership of Chief Minister Shri Naveen Patnaik, the state of Odisha continues to stride confidently towards economic growth and employment generation. A testimony to this commitment comes in the form of the recent approval of nine new industrial projects, with a combined investment value of Rs 873 crore. This resounding decision, made during a State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary PK Jena, is poised to not only inject substantial capital into the state’s economy but also generate employment opportunities for around 2,500 individuals.
Among the notable projects approved is Petronet LNG Limited’s venture, which envisions the establishment of a compressed biogas and fermented organic manure plant with an annual capacity of 33,065 metric tons in Deogarh district. This initiative reflects the state’s commitment to sustainable practices and renewable energy sources.
Pearl Precision Products Private Limited has also received the green light for its innovative manufacturing unit at Paradeep Plastic Park in Jagatsinghpur district. The unit, dedicated to producing cutting-edge plastic faucets, water tanks, pipes, and fittings, aligns perfectly with the state’s focus on advancing technological innovation.
Indopet Polyplast Private Limited’s proposed high-capacity manufacturing unit for food-grade pet bottles, jars, and pre-forms, with an annual capacity of 8,000 metric tons in Khurda district, further underscores Odisha’s efforts to enhance its industrial landscape.
The government’s endorsement extends to vital sectors like refractories and steel processing. TRL Krosaki Refractories Limited’s comprehensive project in Jharsuguda district, encompassing various raw material grinding units, showcases the state’s dedication to developing its industrial infrastructure.
Saizar Enterprise Private Limited’s venture to establish a steel processing unit for HR and CR coil at Kalinga Nagar in Jajpur district is poised to contribute to the state’s burgeoning steel industry.
Vikram Private Limited’s expansion project, set to bolster steel manufacturing in Lahunipada, Sundargarh, and Coastal Biotech Private Limited’s corn processing and corn starch manufacturing unit at Bamuni Industrial Estate in Nabarangpur district, are clear indicators of the government’s holistic approach towards industrial diversification.
Additionally, SNM Hotel And Resorts Private Limited’s plan to establish a hotel and resort facility at Chikiti in Ganjam further underscores the state’s multifaceted economic growth strategy.
These approvals not only underscore the government’s proactiveness in fostering economic advancement but also highlight the visionary approach of Chief Minister Naveen Patnaik and his team. As these projects unfold, they are set to solidify Odisha’s position as a hub for innovation, employment, and sustainable progress under the guidance of its visionary leadership.
Prasanta Patnaik 
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