Position of Odisha as Manufacturing Hub of India Now Stronger: Naveen
Bhubaneswar: Chief Minister Naveen Patnaik today performed Ground-breaking of 20 industrial projects and inaugurated 2 projects, ranging from Metal and downstream, Tourism, Textile and apparel, Cement, Plastic and Food processing sectors.
In a major boost to the Make in Odisha, these 22 industrial units with a combined investment of Rs.13, 311.53 Crore will generate employment opportunities for 10,677 persons in the state.
Speaking on the occasion, Chief Minister said that he is pleased as Odisha is going high with impressive investments in the manufacturing sector, step by step, making the position of the State stronger as a Manufacturing Hub of India. He further said that our consistent efforts to improve the investment ecosystem laced with our peaceful social climate are paying off to realize our desired goal.
Expressing happiness over the new projects, he said that we are launching 22a industrial projects with an investment of over Rs 13,000 crore that can create jobs for over 10, 600 persons.
Highlighting the impact of the 5T Initiatives, he said that Mo Sarkar and 5T Initiatives of his Government are solidly in place to effectively streamline the investment facilitation mechanism in the State. We must ensure that the Citizens and Businesses are provided services from the Government in a hassle-free and time bound manner, he added.
During the occasion, he launched the mobile version of GO PLUS, a land bank information system, and said it will be particularly helpful for Micro, Small and Medium Enterprises in the State.
Speaking on the rise of Odisha as an investment destination, he said over the past few years, Odisha has emerged as number one investment destination with 18 percent share of all investments nationally during the period from April to September in 2019. The state’s investment promotion agency, IPICOL has been recognized as the “Top Performer” amongst 20 State Investment Promotion Agencies in the country by Government of India, he added. Further the implementation of ease of doing business reforms by various departments will ensure that businesses continue to grow in the state. Today’s event is a proof of the continued dominance of Odisha in investment attractiveness as well as facilitation, he emphasized.
He expressed confidence that these projects will provide ample opportunities for employment and help the growth of the state’s economy.
Captain Dibya Shankar Mishra, Minister of Energy, Industries, Micro, Small & Medium Enterprises and Government of Odisha said that with the launching of these projects, Odisha has moved one step ahead in industrialisation. The vision and the able leadership of Hon’ble Chief Minister has made Odisha formidable in attracting investments, he added.
Secretary to Chief Minster (5-T) V.K. Pandian moderated the programme.
Principal Secretary Industries Hemant Sharma gave the welcome address, CMD IDCO, Sanjay Kumar Singh proposed the vote of thanks.
The other dignitaries present in the ceremony were, Suresh Chandra Mahapatra, Chief Secretary, S P.K. Jena, Development Commissioner, Satyabrat Sahu, Principal Secretary, MSME, Dr Nitin Jawale, MD, and IPICOL.
The projects that were inaugurated including:
● A logistic park by KTL Logistics and Services Limited(Purvi Bharat) against an investment of INR 182.28 crore in Choudwar, Cuttack, which will generate potential employment opportunities for over 850 persons.
● A five-star hotel in Bhubaneswar by Lifeline Multi-ventures Pvt. Ltd. against an investment of INR 150.38 crore which will generate potential employment opportunities for over 240 persons.
● A Pellet plant Expansion from 0.3 MTPA to 1.2 MTPA capacity by Shyam Metalics and Energy Limited against an investment of INR 76.92 crore in Pandloi, Dist – Sambalpur, which will generate potential employment opportunities for over 610 persons.
● A Water and Amusement Park by Fun Leela Water Park against an investment of INR 4.49 crore in Lahandabud, Jharsuguda, which will generate potential employment opportunities for over 33 persons.
● A Waste Plastic Recycling plant by Lackeir Stilit Plastic Industry against an investment of INR 1.60 crore in Rambha Ganjam, which will generate potential employment opportunities for over 78 persons
The projects for which ground-breaking was done are:
● Expansion of Jindal Stainless’s Crude Stainless Steel capacity From 1.1 MTPA to 3.2 MTPA and Cold Rolling Mill capacity from 0.8 MTPA to 2.4 MTPA in Kalinganagar, Jajpur by Jindal Stainless Ltd against an investment of INR 6,840 crore which will generate potential employment opportunities for over 2,236 persons.
● Expansion of Yazdani Steel & Power’s Integrated steel plant from 0.07 MTPA to 1.19 MTPA in Kalinganagar, Jajpur by Yazdani Steel & Power Limited against an investment of INR 2,415 crore which will generate potential employment opportunities for over 2867 persons.
● Additional Clinker capacity of 1.32 MTPA and Cement capacity of 1.05 MTPA at Kutra, Sundergarh by Shiva Cement Limited (SCL) against an investment of INR 1,523.24 crore which will generate potential employment opportunities for over 600 persons.
● Expansion of MGM Minerals’s project by setting up 0.125 MTPA Sponge Iron Plant, 0.6 MTPA Pellet Plant, 0.25 MTPA MS Billets, 0.25 MTPA TMT & Wire Rods and 40 MW Captive Power Plant at Nimdha, Dhenkanal by MGM Minerals Limited against an investment of INR 801.89 crore which will generate potential employment opportunities for over 1215 persons.
● Expansion of GM Iron & Steel’s project by setting up 0.8 MTPA Pellet Plant, 0.2379 MTPA DRI plant, 0.195 MTPA Billet, 0.24 MTPA Wire Rod Mill, 0.416 MTPA Slag Cement and 46 MW Captive Power Plant at Parjang, Dhenkanal by GM Iron & Steel Company Limited against an investment of INR 607.52 crore which will generate potential employment opportunities for over 591 persons.
● Cement grinding unit of 2.5 MTPA capacity at Biswali, Cuttack by Dalmia Cement (Bharat) Limited against an investment of INR 441.43 crore which will generate potential employment opportunities for over 141 persons.
● Expansion of project by setting up 0.21 MTPA Sponge Iron,1 MTPA Iron ore Beneficiation,0.6 MTPA Pellet, 0.112 MTPA MS Billets, 0.112 MTPATMT, 50 TPH Coal Washery, and 24 MW Captive Power Plant at Tumkela, Sundergarh by BR Sponge and Power Limited against an investment of INR 200.20 crore which will generate potential employment opportunities for over 550 persons.
● Aluminium Extrusion plant at Chhatabar, Khordha by Excellence Engimac Pvt Ltd against an investment of INR 12.25 crore which will generate potential employment opportunities for over 104 persons.
● A Lithium Battery, Solar Panel & Inverter manufacturing unit at Info valley II, Khordha by Surya International against an investment of INR 11.44 crore which will generate potential employment opportunities for over 213 persons.
● An Amusement park by RR Amusement Park in Bolangir against an investment of INR 10.44 crore which will generate potential employment opportunities for over 45 persons.
● A Manufacturing unit of PVC, HDPE and LDPE products at Ganeswarpur, Balasore by Pallavi Polymers against an investment of INR 8.76 crore which will generate potential employment opportunities for over 52 persons.
● A unit for Manufacturing of PP compound & PVC/HDPP plastic composite board unit at Choudwar, Cuttack by Sushant Minerals P Ltd against an investment of INR 6.50 crore which will generate potential employment opportunities for over 45 persons.
● Establishment of a stabilising Ageners, cakes, Emulsifiers & Bakery powder manufacturing unit at Chhatabar, Khordha by T.P. Ingredients Pvt Ltd against an investment of INR 4.91 crore which will generate potential employment opportunities for over 62 persons.
● A discontinuous Line PUF panel at Ramdaspur, Cuttack by Supuf Industries Pvt Ltd against an investment of INR 4.53 crore which will generate potential employment opportunities for over 46 persons.
● Manufacturing of plastic tank, rotomoulded products at Chhatabar, Khordha by Lisa Plastics against an investment of INR 3 crore which will generate potential employment opportunities for over 40 persons.
● A transformer manufacturing unit at Jaymangal, Khordha by Ranganath Transformers Pvt Ltd against an investment of INR 2.44 crore which will generate potential employment opportunities for over 25 persons.
● A Bottle Jar, Cane, Cap Closure, Key Chain manufacturing unit at Kurki, Puri by Karubaki Enterprises against an investment of INR 2.31 crore which will generate potential employment opportunities for over 33 persons.
IPICOL has recently launched the mobile version of GO-PLUS, a web-based platform to display real-time information about the industrial land available in the State. IDCO has created a land bank of 1,00,000 acres for industrial use.
Odisha is fast emerging as the ‘Manufacturing Hub of Eastern India’. Targeting the development of a conducive business environment for industrial development, the Government has always endeavoured to provide a hassle-free and conducive business environment for the investors in Odisha.
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