With Odisha CM Mohan Charan Majhi currently on a strategic two-day visit to New Delhi, aimed at enhancing the state’s industrial ecosystem and attracting substantial investments across key sectors, the total investment generated from the discussion on the first day reportedly was to the tune of INR 30,595 crore, with a potential to create jobs for approximately 48,390 individuals in the state.
As per sources, “The interactions revealed considerable interest in establishing manufacturing units that would not only bolster local economic development but also create numerous employment opportunities for the youth of Odisha.”
Investment intents from 14 companies
Odisha has reportedly secured investment intents from 14 companies, amounting to investments worth INR 3,000 crore, which has the potential to generate approximately 21,390 jobs. Moreover, the govt also formalized 11 Memoranda of Understanding (MoUs) valued at INR 27,595 crore, creating an estimated 27,000 employment opportunities.
Meeting with Industry captains
The Chief Minister visited the HCL Tech Campus in Noida and interacted with Roshni Nadar Malhotra, Chairperson of HCL Technologies. The CM held discussions on innovative initiatives being undertaken at their Mega IT Campus, AI Lab, and IoT Lab.
The Chief Minister conducted a series of one-on-one meetings with various industry leaders from esteemed organizations such as Kiri Industries, Himadri Specialty Chemical Ltd., Chowgule Group, IREL, SLMG Beverages, Ruchi Soya Foods Ltd (Patanjali Ayurved Ltd.), Inox GFL Group, Of Business, Quant Solar, etc., and engaged in fruitful discussions aimed at expanding their operations in Odisha.
MoU With IOCL
The second day of the Chief Minister's visit will focus on a pivotal milestone. The Odisha govt will formally sign a Memorandum of Understanding (MoUs) with the Indian Oil Corporation Ltd (IOCL) for its Dual-Feed Naphtha Cracker Project in Odisha.