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Odisha govt clears investment proposals worth Rs 4,183 Cr covering food processing, metal, apparel and textile & cement




Odisha govt clears investment proposals worth Rs 4,183 Cr covering food processing, metal, apparel and textile & cement

Bhubaneswar, Jan 2 (KNN) The Odisha government on Saturday cleared investment proposal projects worth 4,183 crore, officials said.

The State Level Single Window Clearance Authority (SLSWCA) headed by Chief Secretary Suresh Chandra Mahapatra approved proposals in nine different sectors.

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As per reports, the state government is expecting to generate employment opportunities for nearly 13,000 people in the state.

Six of the sixteen approved projects are to be set up in the Khordha district, three in Puri, two in Koraput and one each in Cuttack, Bhadrak, Dhamara, Mayurbhanj and Angul districts.

The state administration has approved three projects of metal ancillary and downstream industry worth Rs 803 crore, four apparel and textile project proposals worth Rs 324.57 crore and two paper, wood & forest-based investment projects of Rs 606 crore.

Jindal Panther Cement Pvt Ltd has also received an approval from the committee to set up its cement manufacturing unit in Angul at an investment of Rs 955 crore.

Varun Beverages Limited have also received a green signal for setting up a food processing unit at the cost of Rs 624.30 crore.

Two waste management/circular economy proposals worth Rs 252 crore were also approved by the Odisha government. Further, a chemical unit of Rs 50.76 crore and a tourism project of Rs 50.84 crore were also approved.

Besides, the state has approved an investment proposal of Rs 516.58 crore on polymers & plastic sector.

Further, the SLSWCA has recommended 10 large scale investment proposals to the high level clearance authority (HLCA) led by the chief minister for consideration, the officials said.  (KNN Bureau)



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