Day 1 of Delhi roadshow: Govt secures investment intent worth Rs 30k-cr | Bhubaneswar News
Bhubaneswar: State govt secured investment commitments worth Rs 30,595 crore on the first day of chief minister Mohan Charan Majhi‘s two-day Delhi roadshow on Monday, with the potential to generate 48,390 jobs.
The state received investment intent from 14 companies totalling Rs 3,000 crore, expected to create 21,390 jobs. Additionally, 11 memoranda of understanding (MoUs) worth Rs 27,595 crore were formalised, promising 27,000 employment opportunities.
CM Majhi began his Delhi visit with a tour of the HCL Tech Campus in Noida, where he met with the company’s chairperson, Roshni Nadar Malhotra. The visit included tours of the company’s mega IT campus, AI lab, and IoT lab, focusing on potential collaborations in the IT and ITeS sectors.
Later, the CM held one-on-one meetings with industry leaders from companies including Kiri Industries, Himadri Speciality Chemical Ltd, Chowgule Group, IREL and Ruchi Soya Foods Ltd.
On Tuesday, CM Majhi is scheduled to sign crucial MoUs with Indian Oil Corporation Ltd (IOCL) for its dual-feed naphtha cracker project in Odisha. The transformative project is poised to significantly enhance the state’s petrochemical capabilities and foster comprehensive industrial development.
“These investments will significantly boost Odisha’s industrial ecosystem and create substantial employment opportunities for our youth,” a senior govt official said.
The roadshow aims to position Odisha as a leading industrial hub in eastern India, focusing on sectors including petrochemicals, IT, manufacturing and renewable energy. State govt expects these commitments to accelerate economic growth and industrial development across the region.
Building on the successful engagements of the first day, the CM will also oversee the signing of additional MoUs with Indian Strategic Petrochemical Reserves Ltd (ISPRL) and Petronet LNG, among others, on Tuesday. These agreements reflect the govt’s commitment to establishing Odisha as a key player in the petrochemical sector while promoting sustainable industrial practices.
The day will further feature additional one-on-one meetings with industry leaders, focusing on investment opportunities and potential collaborations across various sectors. The sessions are designed to facilitate open dialogue and address the specific needs and expectations of the business community in Odisha.
The govt anticipates that the outcomes of the CM’s visit will yield substantial investment commitments, strengthen the state’s position as a prominent industrial hub, and promote a collaborative approach to industrial growth.
The state received investment intent from 14 companies totalling Rs 3,000 crore, expected to create 21,390 jobs. Additionally, 11 memoranda of understanding (MoUs) worth Rs 27,595 crore were formalised, promising 27,000 employment opportunities.
CM Majhi began his Delhi visit with a tour of the HCL Tech Campus in Noida, where he met with the company’s chairperson, Roshni Nadar Malhotra. The visit included tours of the company’s mega IT campus, AI lab, and IoT lab, focusing on potential collaborations in the IT and ITeS sectors.
Later, the CM held one-on-one meetings with industry leaders from companies including Kiri Industries, Himadri Speciality Chemical Ltd, Chowgule Group, IREL and Ruchi Soya Foods Ltd.
On Tuesday, CM Majhi is scheduled to sign crucial MoUs with Indian Oil Corporation Ltd (IOCL) for its dual-feed naphtha cracker project in Odisha. The transformative project is poised to significantly enhance the state’s petrochemical capabilities and foster comprehensive industrial development.
“These investments will significantly boost Odisha’s industrial ecosystem and create substantial employment opportunities for our youth,” a senior govt official said.
The roadshow aims to position Odisha as a leading industrial hub in eastern India, focusing on sectors including petrochemicals, IT, manufacturing and renewable energy. State govt expects these commitments to accelerate economic growth and industrial development across the region.
Building on the successful engagements of the first day, the CM will also oversee the signing of additional MoUs with Indian Strategic Petrochemical Reserves Ltd (ISPRL) and Petronet LNG, among others, on Tuesday. These agreements reflect the govt’s commitment to establishing Odisha as a key player in the petrochemical sector while promoting sustainable industrial practices.
The day will further feature additional one-on-one meetings with industry leaders, focusing on investment opportunities and potential collaborations across various sectors. The sessions are designed to facilitate open dialogue and address the specific needs and expectations of the business community in Odisha.
The govt anticipates that the outcomes of the CM’s visit will yield substantial investment commitments, strengthen the state’s position as a prominent industrial hub, and promote a collaborative approach to industrial growth.
