Odisha has once again established itself as India’s rising industrial and investment powerhouse with the resounding success of the Utkarsh Odisha-Make in Odisha Conclave 2025. The state government, under the visionary leadership of Chief Minister Shri Mohan Charan Majhi and Industry Minister Shri Sampad Charan Swain, has rewritten history by securing ₹16.73 lakh crore in investment commitments, surpassing the original target of ₹5 lakh crore. With 595 proposals spanning 20 key sectors, this edition of the conclave has positioned Odisha as one of the most attractive destinations for industrial expansion in India.
The conclave saw an unprecedented influx of business leaders, industrialists, and policymakers from across the world, including the participation of Fortune-500 companies and key investors from Singapore, Australia, Malaysia, Japan, the USA, the UK, Germany, Poland, Cuba, South Africa, the UAE, and Venezuela.
Prime Minister Narendra Modi: Odisha at the Forefront of India’s Growth Story
Hon’ble Prime Minister Shri Narendra Modi inaugurated the summit, praising Odisha’s meteoric rise as an industrial hub and reaffirming the central government’s commitment to making Odisha the growth engine of Eastern India. Addressing a packed audience, he declared:
“Odisha is set to become a global leader in industries such as petrochemicals, food processing, mining, green energy, and textiles. The remarkable achievements of this conclave demonstrate the limitless potential of Odisha and the strong governance behind its economic resurgence.”
He further commended CM Mohan Charan Majhi’s dynamic leadership, stating that Odisha’s business-friendly policies and commitment to rapid industrialization have made it an investment magnet.
Global and Domestic Corporate Giants Flock to Odisha
The Utkarsh Odisha Conclave 2025 saw unparalleled participation from leading Fortune-500 companies, reinforcing Odisha’s status as an industrial and financial powerhouse. Some of the top companies that pledged significant investments in the state include:
- Adani Group – ₹2.3 lakh crore investment across power, cement, industrial parks, aluminum, city gas, and port expansion.
- Vedanta Limited – ₹1 lakh crore investment in a 6 MTPA alumina refinery, a 3-MTPA green aluminum plant, and an aluminum park in Rayagada.
- JSW Group – ₹35,000 crore investment in a 5 MTPA steel plant in Keonjhar.
- Jindal Steel and Power (JSP) – Expansion of the Angul steel plant to 25 MTPA by 2030 with ₹70,000 crore investment.
- Tata Steel – Strengthening its mining and metallurgical base with new ventures in Odisha.
- Reliance Industries – Exploring investments in green energy and digital infrastructure.
- L&T – Planning large-scale projects in infrastructure and defense manufacturing.
- ArcelorMittal Nippon Steel – Keen on expanding steel production in Odisha.
- Microsoft and Infosys – Investing in IT and digital transformation initiatives.
- Bharat Petroleum and Indian Oil Corporation – Expanding refinery and petrochemical production.
- Welspun Group – ₹30,000 crore investment in textiles, logistics, and green energy projects, boosting Odisha’s industrial and infrastructure landscape.
Key Highlights of the Conclave
- Massive Job Creation: Over 12.88 lakh new employment opportunities are expected from the committed investments.
- Sectoral Boom: Investments cover chemicals, petrochemicals, textiles, renewable energy, IT/ITeS, tourism, mining, and food processing.
- Global Participation: Diplomats and investors from 12 countries attended the event, discussing international trade collaborations.
- MoUs Signed: 145 investment MoUs were finalized, marking a new milestone in Odisha’s economic transformation.
A Visionary Leadership Driving Odisha’s Growth
The resounding success of the Utkarsh Odisha-Make in Odisha Conclave 2025 can be credited to the proactive governance of CM Mohan Charan Majhi and Industry Minister Sampad Charan Swain. Their commitment to ease of doing business, industry-friendly policies, and strategic economic reforms has turned Odisha into India’s most promising industrial hub.
CM Majhi, reflecting on the conclave’s triumph, stated:
“Odisha has moved beyond being just a mineral-rich state—it is now an innovation and investment destination. The response to this conclave proves that the world trusts Odisha’s business potential, and we are fully committed to ensuring a seamless and efficient investment environment.”
Odisha: The Next Global Investment Hub
With strategic partnerships, investor-friendly policies, and a dynamic leadership team, Odisha has solidified its position as a global investment magnet. The Prime Minister’s vision for Atmanirbhar Bharat finds strong resonance in Odisha’s industrial push, ensuring that the state will play a pivotal role in India’s journey to becoming a $5 trillion economy.
The Utkarsh Odisha Conclave 2025 has not only set new records in investment proposals but has also cemented Odisha’s reputation as a world-class industrial hub. With mega-projects in motion, a thriving ecosystem for innovation, and a government determined to drive growth, Odisha is undoubtedly on the cusp of unprecedented economic transformation.
As CM Mohan Charan Majhi and PM Narendra Modi rightly emphasized, this is just the beginning of Odisha’s journey towards becoming the next global powerhouse! 🚀
Prasanta Patnaik