Odisha accelerates industrial growth with Rs 1.15 lakh crore projects in Jajpur

Jajpur(22/05/2025): In a significant step towards transforming Odisha into a leading industrial powerhouse, Chief Minister Mohan Charan Majhi on Thursday inaugurated and laid the foundation stone for 24 industrial projects in Kalinganagar in Jajpur district, with a total investment of Rs 1,15,000.00 crore and the potential to generate 36000 employment opportunities, marking a transformative step towards making Odisha a top industrial destination in India.

This event witnessed the presence of Minister Industries Sampad Chandra Swain, Minister Textiles, Handlooms & Handicrafts Pradeep Balsamant, MP Jajpur Dr.

Rabindra Narayan Behera, and other senior dignitaries and industry leaders.

More than 20,000 people from across Jajpur gathered to witness the grand inauguration and groundbreaking ceremony, reflecting strong public support and enthusiasm for Odisha’s industrial growth. Addressing the gathering, the Chief Minister stated, "Today, Odisha stands at a historic turning point.

With the launch of industrial projects worth Rs 1.15 lakh crore in Jajpur, we are not merely laying foundation stones we are building the future.

Now 36,000 employment opportunities are being created, ensuring that our youth can grow with pride in their own land.

In just 113 days, we have turned commitments into concrete progress.

This is the result of our government’s willpower, dedication, and belief in action over words.

Kalinganagar now shines as the economic lifeline of a self-reliant Odisha.

Inspired by Prime Minister Modi ji’s vision, we reaffirm that Odisha is not just a land of heritage, but a land of limitless opportunity and industrial excellence." This event marks a major milestone in the State Government’s post Utkarsh Odisha-Make in Odisha Conclave 2025.

It comes within 4 months of the Utkarsh Odisha conclave, reflecting the government’s unwavering commitment to converting investment intent into action with speed and efficiency. The projects are strategically located across Kalinga Nagar, Danagadi, and Badachana in Jajpur district further solidifying the region’s status as a key node in Odisha’s industrial growth corridor.

These projects span critical sectors such as steel, ferro alloys, chemicals, solar energy, refractory materials, automotive components, warehousing, and food processing. Odisha continues to solidify its position as one of India's fastest-growing industrial hubs with the inauguration and ground breaking of 24 major industrial projects.

These ventures are expected to bring in a total investment of Rs 1.15 lakh crore and create employment for 36,000 people, further accelerating the state's economic growth. Among the inaugurated projects, the spotlight is on Tata Steel Ltd’s 5 MTPA Integrated Steel Plant (ISP) expansion at Kalinga Nagar, Jajpur, with a massive investment of Rs 47,599 crore, promising 4,625 jobs.

Other notable projects include JSL Group’s petroleum and solar power venture worth Rs 470 crore, and Abis Exports India Private Limited's poultry feed plant with a potential to generate 850 jobs. The ground breaking segment is led by the Rs 61,769 crore steel plant expansion by Neelachal Ispat Nigam Limited (NINL), which is set to become one of the largest steel manufacturing units in the region, creating 14,000 direct employment opportunities. Adding to the momentum are multiple global players investing in Odisha. Linde India Limited, a major player in industrial gases, is setting up an Air Separation Unit with an investment of Rs 425 crore, enhancing local industrial self-sufficiency and ensuring reliable gas supply to the steel and manufacturing ecosystem. TYK Ceramics India Private Limited (FDI from Japan) is investing Rs 57 crore to manufacture high-end refractory products used in advanced steelmaking, supporting both local production and technological upgradation. Almamet India Private Limited, a German multinational, is investing Rs 50.6 crore in a unit for magnesium granules and calcium carbide, boosting Odisha’s specialty chemical production. Neo Industries Metal Processing Private Limited from the USA is bringing in Rs 72 crore for chrome plating and steel surface finishing, which will improve steel quality and add to the state’s value-added manufacturing capabilities. Corewire Surface Technology Private Limited from the UK is investing Rs 50.1 crore to set up a facility for the rebuilding of steel rolls, adding strength to Odisha’s metallurgical supply chain. Lechler India Private Limited, another prominent German company, is establishing a precision nozzle and steel fabrication unit with an investment of Rs 1.5 crore, supporting cleaner and more efficient industrial processes. Together, these 24 projects not only bring foreign capital and cutting-edge technology to Odisha but also serve as a catalyst for job creation, MSME collaboration, and downstream industrial growth in the region.