Odisha clears Rs 2.04-trn investments; focus on sectors other than mining


Odisha clears Rs 2.04-trn investments; focus on sectors other than mining

The High Level-Clearance Authority (HLCA), the apex body to approve investments in Odisha, has given its go-ahead to five new projects, with a total value of Rs 2.04 trillion.

Four of the five proposed investments were in non-mineral-based sectors, endorsing the state government’s aspiration to diversify and lure investors beyond its historical strengths of mining, metals and power.

“The chief minister in his Vision 2025 statement had aimed to attract Rs 2.5 trillion investments in non-mineral investments. And true to this vision, the HLCA has given its nod to investments worth Rs 2.04 trillion in the focus sectors.

The new investments will generate direct employment for 30,000 people while creating indirect job opportunities for 100,000 others”, said Dibya Shankar Mishra, minister for industries and energy. Read More

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