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 Odisha Chief Minister Strategic Delhi Visit Yields INR 30,595 Cr Investment

in Business, State News 6 days ago Comments Off on  Odisha Chief Minister Strategic Delhi Visit Yields INR 30,595 Cr Investment 130 Views

Newdelhi:7/4/25: Odisha Chief Minister Mohan Charan Majhi is on a strategic two-day visit to New Delhi, aiming to boost the state’s industrial ecosystem and attract significant investments. The visit, which began on April 7, involves a series of engagements to position Odisha as a leading industrial hub in India.

On the first day, Majhi visited the HCL Tech Campus in Noida, where he interacted with Roshni Nadar Malhotra, Chairperson of HCL Technologies. He explored innovative initiatives at their Mega IT Campus, AI Lab, and IoT Lab, and discussed potential collaborations in IT and ITeS sectors. The Chief Minister emphasized Odisha’s commitment to becoming a hub for technology-driven enterprises and expressed optimism about HCL’s potential expansion in the state.

Majhi also held one-on-one meetings with industry leaders at the Taj Palace in New Delhi, including representatives from Kiri Industries, Himadri Specialty Chemical Ltd., and Chowgule Group. These discussions led to encouraging outcomes, with 14 companies committing to investments worth INR 3,000 crore, potentially generating 21,390 jobs. Additionally, 11 Memoranda of Understanding (MoUs) were formalized, valued at INR 27,595 crore, creating an estimated 27,000 employment opportunities.

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The total investment generated from these discussions amounts to INR 30,595 crore, with the potential to create jobs for approximately 48,390 individuals in Odisha. These interactions revealed considerable interest in establishing manufacturing units that would bolster local economic development and create employment opportunities for the youth.

On the second day, Majhi will focus on signing MoUs with key organizations, including Indian Oil Corporation Ltd (IOCL), Indian Strategic Petrochemical Reserves Ltd (ISPRL), and Petronet LNG. These agreements aim to strengthen Odisha’s petrochemical capabilities and promote sustainable industrial practices.

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The Government of Odisha anticipates that this visit will yield substantial investment commitments, solidify the state’s position as a prominent industrial hub in Eastern India, and foster a collaborative approach to industrial growth. The Chief Minister’s interactions with industry leaders underscore the government’s dedication to creating a business-friendly environment that supports innovation, enhances infrastructure, and promotes skill development initiatives

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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