JAJPUR, May 24 – Odisha Chief Minister Mohan Charan Majhi on Thursday inaugurated and laid foundation stones for 24 industrial projects in Kalinga Nagar, marking one of the state’s largest-ever single-location investment drives, with a combined value of ₹1.15 trillion ($13.8 billion).
The projects, spread across steel, solar energy, chemicals, and manufacturing sectors, are expected to generate over 36,000 jobs and strengthen Odisha’s position as an emerging industrial hub in eastern India.
“Odisha stands at a historic juncture,” Majhi said during the ceremony. “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.”
The largest project inaugurated was Tata Steel’s 5-million-tonnes-per-annum integrated steel plant expansion, valued at ₹47,599 crore ($5.7 billion), which is projected to create 4,625 jobs.
Neelachal Ispat Nigam Limited (NINL) led the ground-breaking segment with its ₹61,769 crore ($7.4 billion) steel plant expansion, expected to generate 14,000 jobs. The project is set to become one of the region’s largest steel manufacturing facilities.
Other inaugurated ventures include a ₹470 crore petroleum and solar power project by the JSL Group, and a poultry feed plant by Abis Exports India Private Limited, which is expected to create 850 jobs. Industrial gas giant Linde India Ltd will invest ₹425 crore in an air separation unit, enhancing supply chain resilience for the region’s manufacturing sector.
The state also attracted global participation, with TYK Ceramics India Pvt Ltd investing ₹57 crore in refractory manufacturing, and German firm Almamet India committing ₹50.6 crore to produce magnesium granules and calcium carbide.
Small-scale investments from U.S.-based Neo Industries, U.K.’s Corewire Surface Technology, and Germany’s Lechler India Private Ltd were also announced.
The developments come just four months after the Utkarsh Odisha – Make in Odisha Conclave 2025, signaling the state government’s intent to rapidly translate investment proposals into operational projects.
“This marks a major milestone in our industrial roadmap,” said Hemant Sharma, state industries secretary. “We are delivering on investor confidence with speed and efficiency.” Kalinga Nagar, already a significant industrial zone, is now positioned to become the “economic lifeline of a self-reliant Odisha,” Majhi said.
