Bhubaneswar: The State Level Single Window Clearance Authority (SLSWCA) of the Govt of Odisha today approved at least 16 industrial projects and recommended 10 large projects for HLCA consideration, in its 114th meeting held here under the chairmanship of Chief Secretary Suresh Mahapatra.
After the whopping success of third edition of Make in Odisha (MIO) Conclave 2022 previously held this month, the committee approved 16 industrial projects worth INR 4,183 crores that would generate employment opportunities for over 12,973 people in the state across nine sectors.
The projects belonged to diverse sectors like paper, wood and forest-based, food processing, textile, apparel and technical textile, metal ancillary and downstream, polymers and plastic products, plastic, waste management, circular economy, chemical, tourism and cement.
The projects will be set up across Odisha with six of the projects being set up in Khordha, three in Puri, two in Koraput and one each in Cuttack, Bhadrak, Dhamra, Mayurbhanj and Angul.
The SLSWCA approved two proposals of Greenply Industries, India’s pioneer interior infrastructure company, under the name of Greenply Speciality Panels Pvt Ltd and Greenply Sandila Pvt Ltd to set up two manufacturing units for the production of new medium-density fibre board having annual capacity of 2,56,000 cubic metre and new plywood and allied product manufacturing unit having annual capacity of 13.5 million square meters in Semiliguda, Koraput with a proposed investment of Rs 505 crore and Rs 101 crore respectively generating employment for over 1,300 people in the state.
The committee gave its nod to a proposal of TRL Krosaki Refractories Ltd, a leading refractories manufacturing company of India, to set up a refractory manufacturing unit for the metal ancillary and downstream industry in Dhamra of Bhadrak district. The unit is being set up at an investment of Rs 650 crore and is expected to generate employment opportunities for over 700 people in the state.
In the Hospitality sector, the committee approved a proposal of Prabhukrupa Estates and Properties for setting up a four-star hotel and convention centre named ‘Ananya Beach Resort’ at an investment of Rs 50.84 crore. This is likely to generate an employment opportunity for over 110 people in the state. The project will come up in the Sipasarubuli locality of Puri district.
In the Food Processing sector, the committee also approved an investment of Rs 624 crore for Varun Beverages Limited, the largest manufacturer of PepsiCo’s products in India, to set up a manufacturing facility of beverages, packaged drinking water, beverage-based syrups, PET preform along with 3.0 MW captive rooftop solar power plant in Khordha, which is expected to create over 220 jobs.
Jindal Panther Cement Pvt Ltd received approval to set up a cement manufacturing unit in Angul at an investment of Rs 955 crore generating employment potential of 350.
In Apparel and Technical Textile sector, the govt cleared four projects which are expected to generate employment for nearly 8,434 people.
Apart from this, the SLSWCA recommended 10 large projects to High-Level Clearance Authority (HLCA) for consideration. The 10 projects are expected to create employment opportunities for around 30,000 people, a press release issued in this regard mentioned.
It is pertinent to mention, the State government has always been open in welcoming industrialists. The stable leadership of the government has helped to set up a larger industrial base as well as different evolving sectors in Odisha.
The State government has developed online Single Window portal GO SWIFT i.e – Single Window for Investor Facilitation to provide all requisite information, clearances to investors in a hassle-free and paperless manner.
The web portal is a ‘One-stop Solution’ for information on clearances required. The government has undertaken significant measures to develop an investor-friendly industrial ecosystem to attract a lot of investors who are eager either to set up their businesses or to expand.