Odisha set to become industrial powerhouse amid Rs 1.67 lakh crore investment push: CM

BHUBANESWAR: The strategic shift of the state from a resource-driven economy to future-ready, technology-led industries has begun yielding strong results, with the state securing investment intents worth Rs 1.67 lakh crore, having employment potential for 1.46 lakh people, at investors’ meets held in Hyderabad and Kolkata recently, Chief Minister Mohan Charan Majhi said on Tuesday.He said six sector-specific roundtable discussions were conducted across the two cities. Hyderabad hosted deliberations on pharmaceuticals and aerospace and defence, while Kolkata saw focused discussions on hosiery, apparel accessories and technical textiles, metal ancillary, downstream and engineering goods, plastics, chemicals, packaging and recycling, medical devices and biotechn

Terming the response from industry as a clear vote of confidence in Odisha’s new growth direction, Majhi said the state is positioning itself as an emerging industrial powerhouse by focusing on new-age sectors.The outcome reflects growing industry confidence in Odisha’s policy stability, reform-oriented governance and investor-friendly ecosystem. Aligning with the national vision of Purvodaya, the state’s target of becoming Samruddha Odisha by 2036 and contributing to Viksit Bharat by 2047, the state has entered the new-age industrial space with clarity and preparedness,” he stressed.

Highlighting Odisha’s strengths, the chief minister said the state offers end-to-end support from innovation to production and logistics backed by major ports at Paradip, Dhamra, Gopalpur, Bahuda and Inchudi-Subarnarekha, expanding air connectivity and robust road infrastructureTo ensure skilled manpower, the state will establish three additional world-class skill centres in Bhubaneswar, Sambalpur and Berhampur.