Bhubaneswar, May 22 (UNI) In a significant push to position Odisha as a premier industrial hub in India, Chief Minister Mohan Charan Majhi on Thursday inaugurated and laid the foundation stone
for 24 industrial projects at Kalinga Nagar.
The projects collectively entail an investment of over Rs.1.15 lakh crore.
Addressing the gathering, the Chief Minister stated, “In just 113 days, we have transformed commitments into concrete progress.”
Highlighting the state’s industrial potential, Majhi added, “Kalinga Nagar now stands as the economic backbone of a self-reliant Odisha—no longer just a land of heritage, but a land of boundless opportunity and industrial excellence.”
This event marks a major milestone following the Utkarsh Odisha - Make in Odisha Conclave 2025. Taking place just four months after the conclave, the occasion underscores the government's steadfast commitment to swiftly translating investment intentions into tangible action.
The projects are strategically located across Kalinga Nagar, Danagadi, and Badachana in Jajpur district, further establishing the region as a key node in Odisha’s industrial growth corridor.
The ventures span crucial sectors, including steel, ferro alloys, chemicals, solar energy, refractory materials, automotive components, warehousing, and food processing.
Among the major projects inaugurated was Tata Steel Ltd’s expansion of its 5 MTPA Integrated Steel Plant (ISP) at Kalinga Nagar, Jajpur. This project alone involves a massive investment of Rs.47,599 crore and is expected to generate 4,625 jobs.
Other noteworthy projects include: JSL Group’s petroleum and solar power project with an investment of Rs.470 crore and Abis Exports India Pvt Ltd’s poultry feed plant.
The groundbreaking segment was led by Neelachal Ispat Nigam Limited’s (NINL) Rs.61,769 crore steel plant expansion, which is poised to become one of the largest steel manufacturing units in the region. It is expected to create 14,000 direct employment opportunities.
Several other global players are also investing in Odisha.They include Linde India Limited which is setting up an Air Separation Unit with an investment of Rs.425 crore, strengthening industrial self-reliance and ensuring a steady gas supply for the steel and manufacturing sectors.
TYK Ceramics India Pvt Ltd, with FDI from Japan, is investing Rs.57 crore to produce high-end refractory products used in advanced steel making.
Almamet India Pvt Ltd, a German multinational, is investing Rs.50.6 crore in a facility for magnesium granules and calcium carbide, contributing to Odisha’s specialty chemicals sector.
Neo Industries Metal Processing Pvt Ltd from the USA is investing Rs.72 crore in chrome plating and steel surface finishing, enhancing product quality and value-added manufacturing.
Corewire Surface Technology Pvt Ltd from the UK is investing Rs.50.1 crore to establish a facility for steel roll rebuilding, strengthening the state’s metallurgical supply chain.
Together, these 24 projects will not only bring in foreign capital and advanced technologies but also act as a catalyst for job creation, MSME collaboration, and downstream industrial development.
Odisha Industries Minister Sampad Chandra Swain remarked, “Odisha is advancing with a new wave of industrial growth. With over Rs.1.15 lakh crore in investments and 36,000 job opportunities, we are turning dreams into reality.”
Textiles, Handlooms & Handicrafts Minister Pradeep Balsamant added, “The convergence of modern industry with Odisha’s rich artisanal heritage will drive inclusive growth and long-term prosperity.”
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