Now Reading: Odisha lands Rs 66,392 crore investment proposals, 54,135 jobs
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Odisha lands Rs 66,392 crore investment proposals, 54,135 jobs
Odisha has secured investment proposals worth Rs 66,392 crore after a two-day outreach programme in Delhi-NCR led by Chief Minister Mohan Charan Majhi. A total of 38 MoUs were signed, and the…
The Story in Brief
Odisha has secured investment proposals worth Rs 66,392 crore after a two-day outreach programme in Delhi-NCR led by Chief Minister Mohan Charan Majhi. A total of 38 MoUs were signed, and the projects are expected to generate about 54,135 jobs across sectors like manufacturing, textiles, engineering, and aluminium.
During the programme, 46 high-level meetings were held with representatives of 208 industries. The state government highlighted Odisha's potential as an industrial hub and said it would support new ecosystems such as white goods manufacturing, with Haier as an anchor investor.
The Indian Opinion
MoUs are promises, not factories. Odisha has seen many such investment summits where a chunk of the announced proposals never materialised. The real test is conversion: how many of these 38 agreements will actually get land, clearances, and break ground within two years. The job figure of 54,135, while impressive on paper, needs to be tracked annually. The government must publish quarterly progress reports, or these numbers will remain election-season talking points.
Sources (2): odishatv.in, odishatv.in (2)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
