In a landmark move to bolster Odisha’s economy, the state government, during the 41st High-Level Clearance Authority (HLCA) meeting held on June 16, 2025, approved eight transformative industrial projects with a combined investment of over ₹1,51,239.50 crore. Chaired by Chief Minister Mohan Charan Majhi, the meeting marked a significant step toward fast-tracking industrial growth, attracting mega investments, and ensuring large-scale employment for Odisha’s youth. These projects, spanning six districts—Dhenkanal, Ganjam, Jajpur, Keonjhar, Khordha, and Sambalpur—cover strategic sectors including aluminium, chemicals, steel, textiles, and ancillary and downstream metal industries, with the potential to create over 60,200 job opportunities. This initiative reflects the government’s proactive approach to positioning Odisha as a leading industrial hub, aligning with the national goal of a “Viksit Bharat by 2047” and the state’s vision of a “Samruddha Odisha by 2036.”The aluminium sector is set to witness a monumental boost with Vedanta Ltd’s ₹1,28,000 crore investment to establish a 3 million tonnes per annum (MTPA) aluminium smelter and a 4,900 MW captive power plant in Dhenkanal. This single mega project is expected to generate 30,000 jobs, reinforcing Odisha’s status as a global aluminium hub. In the chemicals sector, SRF Ltd will invest ₹10,000 crore to set up a specialty chemicals and refrigerant manufacturing unit in Ganjam, with an annual capacity of 2 lakh metric tonnes, creating 20,000 employment opportunities. The steel and metal downstream sector will see significant development with Jindal India Steel Tech Ltd investing ₹3,600 crore to establish a 1.26 MTPA specialty steel processing facility in Dhenkanal, generating 2,000 jobs. Shyam Steel Manufacturing Ltd has proposed a ₹2,490 crore project in Keonjhar to develop a 0.53 MTPA integrated steel plant, a ductile iron (DI) pipe unit, and a 46 MW captive power plant, expected to employ 2,370 people.
Further strengthening the ancillary metal sector, Star Metal Works Pvt Ltd will invest ₹2,291 crore in Sambalpur to set up a narrow hot strip mill, cold rolling, and plate-cum-Steckel mill, creating 250 jobs. Supreme Metals Export Pvt Ltd plans a ₹1,500 crore investment in Keonjhar for a 1.2 MTPA rolling mill to manufacture TMT bars and wire rods, generating 680 jobs. In the textiles sector, Sportking India Ltd will invest ₹2,055 crore in Khordha to establish a cotton and blended yarn manufacturing unit with an annual capacity of 62,000 metric tonnes, creating 4,800 employment opportunities. Additionally, Linde India Ltd will invest ₹1,303.50 crore to set up an air separation unit in Jajpur, producing high-quality industrial gases and employing 100 people.
The approvals come as part of a broader industrial push under Chief Minister Majhi’s leadership. Since June 2024, the government has held six HLCA meetings, clearing 62 projects with a cumulative investment of ₹5.67 lakh crore, potentially creating 2.42 lakh jobs.
on June 17, 2025, highlight the scale of this achievement, noting that the state has already met 90% of its annual investment target in the first 100 days of the new government. Chief Minister Majhi emphasized that these projects will enhance Odisha’s manufacturing capabilities, drive economic growth, and create a robust employment ecosystem, particularly for the youth. The strategic focus on diverse sectors and districts underscores the government’s commitment to balanced industrial development, leveraging Odisha’s rich mineral resources and investor-friendly policies to transform the state into a premier industrial destination in India.
