High-Level Clearance Authority and Single Window Committee greenlight multi-sectoral investments to boost industrial growth and job creation.
Bhubaneswar ( Economy India): The Odisha government has approved 33 mega investment projects worth ₹1.46 lakh crore, marking one of the largest single-day investment clearances in recent years. The proposals include Adani Enterprises Ltd’s ambitious coal-to-chemical project, reflecting Odisha’s growing appeal as an industrial hub in eastern India.
Key Highlights from the Approval Meetings
The approvals were granted during two major meetings:
- The High-Level Clearance Authority (HLCA) chaired by Chief Minister Mohan Charan Majhi.
- The State Level Single Window Clearance Authority (SLSWCA) chaired by Chief Secretary Manoj Ahuja.
Together, these bodies cleared investment proposals spanning steel, petrochemicals, renewable energy, food processing, mining, and infrastructure sectors.
Major Projects and Investors
Among the key proposals:
- Adani Enterprises Ltd received clearance for its coal-to-chemical project, expected to significantly enhance value addition in Odisha’s coal sector.
- Tata Steel and Jindal Steel & Power proposed capacity expansions and downstream steel processing units.
- JSW Energy, Vedanta Ltd, and ArcelorMittal Nippon Steel India (AM/NS) secured approvals for renewable and metallurgical projects.
- Several food processing and logistics parks were approved to support Odisha’s agri-economy and export potential.
Investment Impact and Job Creation
According to the state government, these 33 projects will collectively bring ₹1.46 lakh crore in investments and are expected to generate over 45,000 direct and indirect employment opportunities.
The projects are strategically distributed across industrial clusters in Angul, Jharsuguda, Sundargarh, Ganjam, and Kendrapara, aligning with Odisha’s Vision 2030 Industrial Policy aimed at balanced regional development.
Focus on Sustainable Industrialization
Chief Minister Mohan Charan Majhi emphasized that Odisha is focusing on green industrial growth through policies promoting renewable energy and resource efficiency.
“Our goal is to position Odisha as India’s most investment-friendly and sustainable manufacturing hub. These clearances reflect investor confidence in our governance and infrastructure,”
— Chief Minister Mohan Charan Majhi
The inclusion of Adani’s coal-to-chemical project highlights the state’s intent to diversify its industrial ecosystem beyond conventional mining and steel. The project aims to convert coal into high-value chemicals such as methanol and urea, supporting India’s import substitution drive.
Ease of Doing Business and Policy Framework
Odisha has consistently ranked among the top-performing states in the Government of India’s Ease of Doing Business Index.
The state’s Single Window Clearance Mechanism (GO-SWIFT) enables online tracking and time-bound approvals, which has significantly improved investor experience.
Chief Secretary Manoj Ahuja said the government is ensuring all clearances are transparent, timely, and technology-driven, further reinforcing Odisha’s reputation as a reform-oriented investment destination.
Economy India – Policy & Investment Insight Box
| Category | Details |
|---|---|
| Total Projects Approved | 33 |
| Total Investment Value | ₹1.46 lakh crore |
| Major Sectors | Steel, Chemicals, Renewable Energy, Food Processing, Mining, Logistics |
| Top Investor | Adani Enterprises Ltd |
| Employment Generation | 45,000+ (direct & indirect) |
| Approval Authorities | HLCA & SLSWCA |
| Key Locations | Angul, Jharsuguda, Sundargarh, Ganjam, Kendrapara |
Strategic Context
Odisha has emerged as a key industrial corridor along India’s eastern coastline, supported by:
- Strong port connectivity through Paradeep and Dhamra ports.
- Abundant natural resources and power availability.
- A skilled workforce trained through state-sponsored industrial training programs.
The new investments are expected to push Odisha’s contribution to India’s GDP higher and strengthen its position as a core industrial powerhouse in eastern India.
(Economy India)
