Odisha Boosts Industrial Growth with ₹40,811 Crore Investment and 36 Projects

Odisha has marked a significant milestone in its industrial journey with the launch and inauguration of 36 industrial projects worth ₹40,811 crore. Chief Minister Mohan Charan Majhi, addressing a major event held at Bhuiyanpur in Begunia block of Khordha district, emphasized the state’s firm commitment to industrial growth and timely implementation of development projects.

Out of the 36 projects, foundation stones were laid for 25, while 11 projects were inaugurated. These initiatives are expected to generate more than 59,000 employment opportunities, providing a major boost to the state’s economy and job market. The projects span across key sectors including green energy equipment, metallurgy and downstream industries, textiles and apparel, plastics, tourism, agriculture and food processing, defense manufacturing, IT, automobiles, and cement.

Chief Minister Majhi stated that Odisha is no longer just a state of potential but is now experiencing tangible progress and prosperity. He highlighted that the state is entering a new phase of industrial expansion, often referred to as the “second industrial revolution” in Odisha, with 2025 marking a significant beginning.

The Chief Minister also pointed out that over the past 18–20 months, the government has initiated projects worth approximately ₹2.5 lakh crore, resulting in the creation of around 1.76 lakh jobs. He reiterated the government’s commitment to transforming Odisha from a promise-driven state into one that delivers results.

Majhi stressed that the upcoming years will be crucial for Odisha, as the state aims to become a fully developed and prosperous region by 2036. He also noted that the state’s economy is strengthening through infrastructure investment, with over ₹72,000 crore allocated in the current budget for infrastructure development.

The event also included a roundtable meeting with industrialists from across India and a project exhibition showcasing industrial developments. Industry Minister Sampad Chandra Swain emphasized the government’s dedication to building a diverse, stable, and future-ready industrial ecosystem.

The initiative reflects Odisha’s growing prominence as a key investment destination, aligning with national initiatives like Atmanirbhar Bharat and Make in India, while accelerating economic growth and self-reliance.