CM Majhi's Delhi visit: Odisha secures investment worth Rs 30,595 crore

The strategic two-day visit of the Chief Minister to the national capital is aimed at enhancing the state's industrial ecosystem and attracting substantial investments across key sectors.

An official said the state secured investment intents from 14 companies, amounting to investments worth Rs 3,000 crore, which has the potential to generate around 21,390 jobs in Odisha.

He said that additionally, the state government also formalised 11 Memoranda of Understanding (MoUs) valued at Rs 27,595 crore, which is expected to create 27,000 employment opportunities.

He further noted that the total investment generated during the interactions with various industry leaders in New Delhi amounts to Rs30,595 crore, with a potential to create jobs for around 48,390 individuals in Odisha.

"These interactions revealed considerable interest in establishing manufacturing units that would not only bolster local economic development but also create numerous employment opportunities for the youth of Odisha. We look forward to building on these collaborations and continuing to enhance the economic landscape of our state," he said.

The Chief Minister on Monday visited the HCL Tech Campus in Noida and interacted with Ms. Roshni Nadar Malhotra, Chairperson of HCL Technologies. There he explored the innovative initiatives being undertaken at their Mega IT Campus, AI Lab, and IoT Lab.

The visit also included an insightful tour of the Kiran Nadar Museum of Art, showcasing the intersection of technology and culture.

The official further noted that discussions during this engagement centered around establishing collaborative opportunities within the IT and ITeS sectors.

The Chief Minister emphasised Odisha's commitment to becoming a hub for technology-driven enterprises.

He expressed optimism about the potential for HCL to expand its footprint in Odisha, reinforcing the state's efforts to foster innovation and technological advancement.

Following the HCL engagement, the Chief Minister conducted a series of one-on-one meetings with various industry leaders at the Taj Palace in New Delhi.

Leaders from various organisations engaged in fruitful discussions aimed at expanding their operations in Odisha.

On Tuesday, the Odisha government is scheduled to sign an MoU with the Indian Oil Corporation Ltd (IOCL) for its dual-feed Naphtha Cracker Project in Odisha.

This transformative project is poised to significantly enhance the state's petrochemical capabilities and foster comprehensive industrial development.

Alongside the IOCL agreement, Majhi will oversee the signing of additional MoUs with the Indian Strategic Petrochemical Reserves Ltd(ISPRL) and Petronet LNG, among others.

CM Majhi will also hold additional one-on-one meetings with industry leaders on Tuesday, aiming to attract more investments.