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Odisha: From Mineral Hub to Industrial Powerhouse

  • On June 8, 2025, the head of Odisha's government presented a comprehensive plan for industrial development, noting the approval of 206 projects throughout the state.
  • Since the BJP government took office in June last year, Odisha has shifted from a minerals hub to a diversified industrial powerhouse, driven by the Utkarsha Odisha investment summit.
  • The state approved projects worth over Rs 4.5 lakh crore, with 56 already under ground-breaking, spanning 20 sectors including mining, chemicals, textiles, electronics, and tourism.
  • These projects and MoUs involve investment intentions totaling Rs 16.7 lakh crore and have the potential to generate nearly 2.9 lakh jobs, reflecting 'speed, scale and substance,' according to Majhi.
  • Looking ahead, the government will focus on policies to unlock emerging sectors, expand land and infrastructure, revamp approval systems, and simplify regulations to accelerate Odisha's industrial transformation.
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Social News XYZ broke the news in on Sunday, June 8, 2025.
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