Odisha’s economic momentum continues with the approval of 19 new projects at the 122nd SLSWCA Meeting

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19 projects worth INR 3,663 crores with an employment potential of nearly 13,663 got approved by the 122ndSLSWCA

Bhubaneswar, 30th September 2023: The 122nd State Level Single Window Clearance Authority (SLSWCA) meeting, convened today, marked another significant stride in Odisha’s journey towards industrial excellence. Under the astute guidance of Chief Secretary Shri Pradeep Kumar Jena, IAS, the SLSWCA gave its nod to 19 transformative projects, further solidifying the State’s position as a preferred investment destination.

The 122nd SLSWCA showcased the state’s commitment to diversifying its industrial landscape across multiple sectors. Significant endorsements were made in the apparel and textiles sector, further strengthening Odisha’s manufacturing capabilities. The plastics industry received a boost, emphasizing the State’s focus on modern manufacturing and sustainable materials. The steel sector, both downstream and primary, witnessed a surge in approvals, highlighting the region’s rich mineral resources and metallurgical expertise. Renewable energy emerged as a priority, reflecting Odisha’s commitment to sustainable and green energy solutions. The Agro and Food Processing sectors saw advancements, tapping into the State’s agricultural potential. Infrastructure development, particularly in freight and logistics, was given emphasis, while the tourism sector’s growth was championed to leverage Odisha’s cultural and natural attractions. These sectors spanned across 10 districts indicating a widespread industrial development strategy.

These projects, with a combined investment of INR 3,663 Crores, are set to generate employment for approximately 13,663 individuals, reflecting the State’s unwavering commitment to job creation and sustainable development.

The EPIC Group, an apparel manufacturer based in Hong Kong renowned for serving some of the world’s leading brands, is poised to bolster foreign direct investment (FDI) in Odisha. Trimetro Garments India Pvt. Ltd. a subsidiary of the EPIC Group, is planning to invest INR 376.85 Crores in the establishment of its apparel manufacturing facility, consequently generating employment for 7,050 individuals in Khordha.

Time Technoplast Limited and Oricon Enterprise Limited are set to enhance the plastic sector with their manufacturing units in Khordha, with investments of INR 57.00 Crores and INR 90.00 Crores respectively.

The steel sector has experienced significant growth due to investments from several companies, including Nezone Steel Utkal LLP, Advance Steel Tubes Limited, Nirmal Steels Private Limited, Rungta Mines Limited, Ferro Tech India Private Limited, and Super Sonic Logistics Private Limited. Collectively, these companies have invested over INR 2,000 Crores in regions such as Kalinganagar, Dhenkanal, and Sundergarh. Notably, Nezone Steel Utkal LLP is expanding its manufacturing capacity with the establishment of their second unit.

In the renewable energy sector, Mahanadi Coalfields Limited (MCL), and Odisha Power Generation Corporation Limited (OPGCL) are launching solar power plants with investments of INR 297.61 Crores and INR 215.00 Crores respectively.

The Agro and Food Processing sectors are poised to benefit from its homegrown companies, such as Pragati Milk Products Pvt. Ltd.’s ice-cream and baked product manufacturing plant in Chandanpur and Coastal Biotech Private Limited’s modern rice mill in Paralakhemundi,

Infrastructure development gets a boost with projects like Koli Commercial LLP and Vimla Infrastructure (India) Pvt Ltd, both establishing Private Freight Terminals under the Gati Shakti Multi-Modal Terminal scheme.

Krupalu Kunja is setting up a Compressed Bio Gas and fermented organic manure plant in Jajpurwith annual capacity 46,000 MT with an investment of INR 73.25 crores and an employment potential of 138.

Odisha’s tourism sector is set to shine brighter with Mayfair Hotels & Resorts Ltd’s Convention Centre in Paradeep, Jagatsinghpur, which is expanding its capacity by 20 rooms.    

These projects, spanning diverse sectors from apparel to renewable energy, underscore Odisha’s multifaceted growth strategy. As these ventures inch closer to realization, Odisha continues its ascent as a beacon of industrial growth and innovation.

Odisha today stands at the cusp of an industrial resurgence, blending traditional resource advantage with modern innovations. The State’s strategic vision, coupled with its commitment to sustainable and inclusive growth, is not only attracting national and global investors but also setting a benchmark for holistic development. As these projects unfold, they will undoubtedly catalyse Odisha’s journey towards becoming a powerhouse of industrial prowess and economic prosperity. The future beckons with promise, and Odisha is leading the way with the clarion call of “Come, Join the Juggernaut”.

The project details are as follows which received approval from the committee:

S.NoProject NameProject DescriptionProject Cost    (Rs in Cr)Employment (Potential)SectorLocation
1Trimetro Garments India Pvt. Ltd. (EPIC Group Company)Apparel manufacturing facility376.857,050Apparel & TextilesKhurdha
2Time Technoplast LimitedManufacturing unit of Extrusion Articles PipesFilms Comp Cylinders, Injection moulded Crates pails Pallets & Blow Molded Drum IBC Containers with annual capacity of 6,500 MT57.00325PlasticKhurdha
3Oricon Enterprise LimitedManufacturing unit of Pet Preform & Plastic Closure with annual capacity of 18,000 MT90.00214PlasticKhurdha Industrial Estate
4Nezone Steel Utkal LLP60,000 MT CR Precision Pipes and 1,50,000 MT Black and HRPO (Hot rolled pickled and oiled steel)275.00265Steel (Downstream)Kalinga Nagar, Jajpur
5Advance Steel Tubes Limited100,000 MT steel pipes manufacturing unit51.00160Steel (Downstream)Kalinga Nagar, Jajpur
6Nirmal Steels Private Limiteda 4,80,000 MT hot rolled products of steel manufacturing facility450.08500SteelKalinga Nagar, Jajpur
7Rungta Mines LtdExpansion of its Ferro Alloy plant from 0.055 MTPA to 0.293 MTPA along with 3 MTPA Coal Washery and 150 MW CPP950.001,200Steel (Ferro Alloys)Dhenkanal
8Ferro Tech India Private Limited1,25,000 MT ERW Pipes manufacturing unit170.00800Steel (Downstream)Sundergarh
9Pragati Milk Products Pvt. Ltd.manufacturing plant for ice-cream & baked products61.821,045Food, Beverage & Allied SectorsChandanpur, Tangi-Choudwar, Cuttack
10Agape Marine Products Private Limitedshrimp processing unit with annual capacity of 9360 MT51.24350Food, Beverage & Allied SectorsSeafood Park, Deras, Khordha
11Mahanadi Coalfields Limited (MCL)50 MW (AC)/ 75 MW (DC) Ground Mounted Solar Power plant (CPP)297.6140Power & Renewable EnergyBalangir
12Odisha Power Generation Corporation Limited (OPGCL)50 MW (AC)/ 61 MW (DC) Ground Mounted Captive Solar Power plant215.00120Power & Renewable EnergyJharsuguda
13Koli Commercial LLPPFT (Private Freight Terminal) under Gati Shakti Multi Modal Terminal scheme61.83255InfrastructureSundergarh
14Vimla Infrastructure (India) Pvt LtdPFT (Private Freight Terminal) under Gati Shakti Multi Modal Terminal scheme70.32380InfrastructureSundergarh
15Nirbhaya Green Product Private LimitedMaize processing unit205.00300Agro& Food ProcessingIDCO Industrial Area near Komna,Nuapada
16Coastal Biotech Private LimitedModern rice mill (Backward Integration for their ethanol project)51.12185Agro& Food ProcessingParalakhemundi, Gajapati
17Krupalu KunjaCompressed Bio Gas & Fermented organic manure plant with annual capacity 46,000 MT73.25138Chemical/ Renewable EnergyJajpur
18Mayfair Hotels & Resorts LtdConvention Centre along with 20 Guest Rooms51.25120TourismJagatsinghpur
19Super Sonic Logistics Private LimitedSteel processing unit105.00216Steel DownstreamKalinga Nagar, Jajpur
 Total3,66313,663

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