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✦Reported by Business Standard

Odisha govt clears ₹3,855 cr investment proposals, targets 7,765 new jobs

Odisha govt clears ₹3,855 cr investment proposals, targets 7,765 new jobs
Source: Business Standard

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓The Odisha government approved 22 investment proposals worth ₹3,855.38 crore on Thursday.
  • ✓These projects aim to create 7,765 new jobs across 12 districts.
  • ✓The state wants to grow beyond mining, focusing on sectors like aerospace, pharmaceuticals, and tourism.

Story at a Glance

Category
BUSINESS
Reported By
Business Standard
Reading Speed
5 Minute(s)
Market Focus
India Economy

Odisha Chief secretary Anu Garg chairing the state level single window clearance authority meeting in Bhubaneswar on Thursday

The Odisha government on Thursday approved 22 investment proposals worth ₹3,855.38 crore, with the potential to generate 7,765 jobs, as the state continues to broaden its industrial base beyond metals and mining into aerospace and defence, pharmaceuticals, biofuels, specialised manufacturing and tourism.

The proposals, cleared at the State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Anu Garg, cover 12 districts and include investments in paper and packaging, compressed biogas, a global competency centre, downstream steel, industrial chemicals, logistics infrastructure and hospitality.

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Odisha govt clears ₹3,855 cr investment proposals, targets 7,765 new jobs | ArthNow