The State government of Odisha has given nod to seven investment proposals worth Rs 1,036.39 crore. These projects are expected to provide jobs to 2778 people.
Approved by the state level single window clearance authority led by chief secretary A P Padhi, these projects were from the sectors like tourism, metals, plastics, food processing and infrastructure.
Recently, Odisha Chief Minister Naveen Patnaik has set in motion 22 new projects worth Rs 4,400 crore. While he launched 10 new projects, he laid foundation for 12 others.
Speaking on the occasion, he said, “I assure everyone of complete facilitation support from the state government. These projects will usher in the next era of industrial growth in the state and will contribute towards the vision of an industrially prosperous Odisha.”
The projects inaugurated include – a 0.77 MTPA steel plant of Shyam Metalics and Energy Ltd, entailing an investment of Rs 870.20 crore with an employment potential of creating 1373 jobs, a cement grinding project of JSW Cement (Rs 318 crore), Hindalco Solar (Rs 150.90 crore), 0.2 MT alloy steel rolling mill of Aarti Steel (Rs 250 crore).
The CM added that the state has a vision of becoming one of the top three destinations in the country in terms of bringing investments to fruition. Towards achieving the vision, the state government has devised the 5T strategy in which transformation goals will be achieved through teamwork, transparency and technology enablers in a time-bound manner.
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