Odisha approves investment proposals worth Rs 563 crore

Bhubaneswar: The Government of Odisha approved two investment proposals worth Rs 563 crore at the 90th State Level Single Window Clearance Authority (SLSWCA) meeting today. These proposals will create employment opportunities for 1273 people.

The SLSWCA approved the proposal of M/s Glen Industries Pvt. Ltd. to set up plastic food containers and moulded paper products manufacturing unit with annual capacity of 9261 MT, with a total investment of Rs 63 crore which will provide employment to about 273 people.

In a big boost to the state’s aluminium downstream sector, the SLSWCA has also approved the proposal of M/s Jindal Aluminium Limited to set up an expansion for setting up 75,000 MT per annum aluminium extrusions plant with additional investment of Rs 500 crore and it will provide employment opportunities for 1000 people.

The meeting was held under the chairmanship of Chief Secretary Asit Kumar Tripathy at the Lok Seva Bhawan here.

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