Odisha government agrees to Rs 1,177 crore investment proposals

The Odisha government has approved nine different investment proposals average to Rs 1,177.41 crore. The State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary A P Padhi has given the proposal signal.

The investment proposals are for different sectors like sanitaryware, food processing, hospitality, electronics manufacturing and IT services that will create employment opportunities for 6,032 people.

Officials say Hindustan Sanitaryware Industries Limited (HSIL) has proposed to set up a 1, 30,000 tonnes per annum unit to manufacture glass containers at an investment of Rs 350 crore in Cuttack. The unit will create employment opportunities for 1,200 people.

The SLSWCA has also approved Om Oil and Flour Mills (makers of RUCHI brand of spices) for setting up a greenfield project to manufacture spices, pasta, noodles, fruit-based beverages, ready-to-cook and ready-to-eat items at Ramdaspur, Cuttack with a total investment of Rs 100 crore. The unit will provide employment opportunities to 1,560 people.

Creating direct and indirect employment for 122 people, Omjay EV Limited proposes to set up an electric vehicle manufacturing unit at Jajpur entailing an investment of Rs 52.41 crore has been also approved in the meeting. It will manufacture e-rickshaws and e-scooters with an installed capacity of 50,000 units per annum.

Hindalcos proposes to establish a coal gasification plant of 21,000 NM3 (Normal meter cube per hour) at Hirakud, Sambalpur with an investment of Rs 60 crore has been also approved in the meeting. It will generate employment for 20 people.

In a boost to the state’s tourism sector, Mayfair Hotels and Resorts, a leading hotel chain in eastern India, has received the nod to set up a golf resort at Satapada in Puri with an investment of Rs 125 crore. It will create employment opportunities for 550 people and help provide high-end accommodation facilities for tourists.

The electronics and IT sector has also received a boost with two proposals getting the government's nod. The first proposal is by Star GSM Upakaran Peripherals, a Jaipur-based cellular handset and accessories company, which will invest Rs 75 crore to set up a unit to manufacture 10 lakh mobile handsets and accessories per annum such as printed circuit boards, battery, charger, power banks and others at the Electronics Manufacturing Cluster at Infovalley on the outskirts of Bhubaneswar creating direct and indirect jobs for 1,300 people.

The second proposal is from C-TEL Infosystems, a Hyderabad-based software company, which proposed to set up a software centre to develop Internet of Things (IoT) software at the Electronics Manufacturing Cluster in Infovalley.

The unit will come up with an investment of Rs 65 crore and create direct and indirect job opportunities for 730 people.

Two proposals from central PSUs also received approval in the meeting. Bharat Petroleum proposes to invest an additional Rs 250 crore to set up a lingo cellulosic biomass ethanol bio-refinery plant of capacity 100 KL per day at Bargarh has been approved by SLSWCA employing 200 people.

The second proposal is from HIL Ltd to set up a manufacturing unit for production of agrochemicals of capacity 10,000 MT at Chatrapur in Ganjam district with a total investment of Rs 100 crore. This will create employment for 350 people.

Apart from these, the SLSWCA has also recommended two investment proposals in the steel sector entailing combined investments of Rs 3,526 crore to the High Level Clearance Authority (HLCA) headed by Chief Minister Naveen Patnaik for approval.