Odisha Secures Investment Proposals Worth ₹2.43 Lakh Crore During UAE Visit

A major investment push for Odisha has emerged from Chief Minister Mohan Charan Majhi’s three-day visit to the United Arab Emirates, with investment proposals worth ₹2,43,162 crore expected to generate around 6,18,725 employment opportunities in the state.

The visit to Abu Dhabi and Dubai focused on attracting global investments and strengthening Odisha’s position as an emerging industrial and investment destination. The engagements are being viewed as an important step towards building the foundation for a developed and industrially prosperous Odisha.

16 MoUs and Investment Proposals Signed

During the three-day UAE programme, the Odisha delegation held 52 one-on-one meetings with investors and participated in roundtable discussions. Following these engagements, 16 Memoranda of Understanding (MoUs) and investment proposals were signed.

The discussions focused on identifying new investment opportunities and exploring collaborations across multiple sectors that can contribute to Odisha’s industrial and economic growth.

Odisha Investment Summit UAE 2026

The ‘Odisha Investors’ Meet – UAE 2026’, held in Dubai, brought together around 400 business leaders, investors and members of the UAE business community.

The event provided a platform for the Odisha government to showcase the state’s investment potential and discuss opportunities with leading businesses and investors based in the UAE.

Focus on Key Growth Sectors

The investment discussions covered a wide range of sectors, including tourism, logistics, investment and financial activities, LNG storage, green energy, artificial intelligence and data centres.

Other areas discussed included rare earths, ship repair, propellant manufacturing, fertilisers and chemicals, housing and construction, steel and steel-related industries.

The state government is seeking to leverage these sectors to attract large-scale investments, create employment opportunities and accelerate industrial development.

UAE Outreach to Strengthen Odisha’s Investment Ecosystem

The UAE visit marks another step in Odisha’s efforts to expand its global investment outreach. Through direct engagement with investors and business leaders, the state aims to build partnerships, attract capital and create new opportunities across emerging and traditional industries.

The proposed investments and employment generation are expected to contribute significantly to Odisha’s long-term development ambitions and strengthen its roadmap towards a more industrially advanced state.