Purvodaya vision gains momentum; Odisha attracts Rs 1 lakh crore investments at Kolkata meet

In a major boost to Odisha’s industrial growth ambitions, Chief Minister Mohan Majhi on Saturday returned from Kolkata with investment commitments worth nearly Rs 1 lakh crore, reinforcing the State’s emergence as a key growth engine of eastern India under the Purvodaya vision.

The proposed investments are expected to significantly accelerate Odisha’s development roadmap towards Vision 2036 and Viksit Bharat 2047, while generating nearly 90,000 employment opportunities.

Addressing the Odisha Investors’ Meet Roadshow at ITC Sonar in Kolkata, the Chief Minister invited industry leaders to partner with the State, emphasising that growth in eastern India would be collaborative rather than competitive. He said states in the region would complement each other’s strengths to build a robust eastern industrial corridor.

“Odisha is financially strong and economically secure. The State is rapidly transforming from a resource-based economy to a value-addition and advanced manufacturing hub, driven by speed, scale, and sustainability,” CM Majhi said.

Highlighting Odisha’s strategic advantages, the Chief Minister pointed to its long coastline and major ports at Paradip, Dhamra, and Gopalpur as key enablers of port-led industrialisation serving eastern and central India.

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The roadshow featured 130 exclusive high-level interactions and four sector-specific roundtables. During the event, 27 Memoranda of Understanding (MoUs) were signed, with an investment potential of Rs 81,864 crore and projected employment generation of over 63,161 jobs. In addition, 19 investment intent proposals worth Rs 18,453 crore were received, which are expected to create more than 27,591 employment opportunities.

The Odisha Investors’ Meet Roadshow in Kolkata attracted over 500 industry leaders, business associations and institutional stakeholders.