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Odisha CM inaugurates 14 industrial projects

Jul 28, 2021
Odisha CM inaugurates 14 industrial projects

India

Odisha Chief Minister Naveen Patnaik has inaugurated 3 industrial projects on July 23, 2021. He has also performed Groundbreaking of 11 projects.

These projects are diversified and range from Renewable energy, Metal and downstream, Textile and apparel, Food Processing, Fertilizers, and Plastic and Food processing sectors. these 14 industrial units come with a combined investment of Rs 15.37 billion and have given employment to around 3773 persons in Odisha.

According to Honourable Chief Minister, Odisha is the new 'Manufacturing Hub of Eastern India'. The industries in the state are growing because of the stable policy and regulatory environment by the government. The business reforms and facilitation that are offered to different departments have ensured that businesses will flourish in Odisha, he added. He further thanked the Odisha-based industries for their CSR activities and said that the industries are working hand in hand with the state government not only for economic development but also in discharging social responsibility. During the second wave of the pandemic, when the country was experiencing a shortage of medical oxygen, Odisha helped other states by supplying lifesaving medical oxygen.

The Solar Power Plant in Bolangir by Aditya Birla Renewables Limited worth Rs 3.52 billion, Aluminium Dross Refining unit at Banjari worth Rs. 0.64 billion, and the Garments manufacturing unit at Chhatabar worth Rs 0.20 billion were inaugurated by the Chief Minister. the projects for which groundbreaking was done include Sulphuric Acid Expansion Project unit, Iron Ore Beneficiation plant, manufacturing unit for production of Plastic pipes, Britannia Industries, footwear manufacturing unit at Champajhar, HDPE and Thermoplastic pipes manufacturing unit, Food processing unit and, cold storage facilities, Offset printing & Book Binding unit at Jaymangal, Biomedical waste management plant, Organic Fertilisers & manure processing unit, and food processing unit for Noodles.  

Source – Equity Bulls

Image Source: Wikipedia

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