Bhubaneswar, Nov 17 : The State Level Single Window Clearance Authority (SLSWCA) meeting, held under the Chairmanship of Chief Secretary Pradeep Kumar Jena, on Friday approved eight transformative projects worth 1397.18 Crores, with employment potential for 2860 people.
These sectors spanning across diverse sectors from Plastic to Agro & Forest products spread over 6 districts indicating a widespread industrial development strategy.
Significant investments were made in the plastic, technical textile and Aluminium sector further contributing to Odisha’s manufacturing capabilities.
The steel sector, witnessed a surge in approvals, highlighting the region’s rich mineral resources and metallurgical expertise. IT sector emerged as a priority, reflecting Odisha’s commitment to increase IT Solutions.
The Agro Industry sectors saw advancements, tapping into the State’s cultivation potential.
In the plastic sector, Sintex BAPL Limited is committed to invest Rs 479.47 Crores in the establishment of manufacturing unit for CPVC, UPVC, SWR, Agri Pipes, PVC fittings and Plastic tanks with annual capacity of 37,520 MT. in Sambalpur.
HIL India is committed to invest Rs 250 Crores to setup PVC and CPVC pipes manufacturing units.
Mega Flex Plastics Ltd with its manufacturing unit for Plastic containers, leno bag, PP Woven Bags, PP Woven fabrics & Corrugated box has an annual capacity of 9,600 MT in Khordha. With an investment of Rs 62.38 Crores.
The steel sector has experienced significant growth due to investment from notable companies including Four Sandhu Tubes Private Limited and KAI Steel Private Limited. Collectively, these two companies have invested near about Rs 188.98 Crores in regions such as Jajpur and Sundargarh.
Hindalco Industries Ltd to invest Rs 241.05 Crores in the aluminium sector, specifically for the establishment of a White Fused Alumina manufacturing unit in Sambalpur.
In the IT Industry, Anuj Autograph Business Park is setting up an IT Park in Khordha with an investment of Rs 105.3 Crores.
In the Agro-Industry sector GGL Chalet Pvt. Limited to Invest Rs 70 Crores on the manufacturing unit for Veneer (2,50,00,000 SQM per annum), Ply Board & Particle board (5,00,000 SQM per annum) and Biomass Pellet (10,00,000 MTPA) in Koraput.
