The Samikhsya Bureau
Bhubaneswar: Chief Minister Naveen Patnaik, on Thursday, flagged off his mission of a major industrial expansion across the state with huge investment that would generate massive employment opportunities.
Presiding over the 24th High Level Clearance Authority (HLCA) meeting, he approved five mega investment proposals worth Rs. 92,713 crores in metal sector that would create employment for 31,979 personnel.
The projects include from beneficiation to manufacturing of pellets, iron, steel stainless steel, rolled products as well as cement utilising waste products like slag and fly ash from other industries.
In his address, the Chief Minister emphasised on the importance of accelerating the growth of industries in the state and directed all agencies of the State Government to work in a coordinated manner to achieve the goals of rapid industrial growth leading to employment generation in the state.
He also directed the Chief Secretary to review the progress of these projects and keep him apprised of the progress on a regular basis.
Expressing happiness over the flow of investment proposals to the state, he stated that the industrial economy of Odisha has quickly revived.
His government has approved investments worth Rs.1.17 lakh crore since February 2020 with potential employment for 53 thousand persons, he mentioned.
This was the single largest investment approval by the HLCA during the period of current Industrial Policies Resolution, 2015.
The approved projects include expansion of Jindal Steel and Power Limited’s Integrated Steel Plant in Angul and Jindal Stainless Limited’s stainless steel capacity at Kalinganagar in Jajpur district; setting up of Essar Minmet Limited’s Pellet Plant and Slurry pipeline in Keonjhar and Paradip; expansion of Arcelor Mittal Nippon Steel India Limited’s Beneficiation Plant in Keonjhar and Pellet Plant at Paradip besides Shyam Metalics and Energy Limited’s steel plant at Pandloi in Sambalpur district.
Among others, Ministers of Finance, Rural Development, Labour & ESI, Energy besides Chief Secretary, Development Commissioner, Additional Chief Secretary, Revenue, Principal Secretary, Industries, Chairman IDCO and Secretary to CM (5-T) were present in the meeting.
