Bhubaneswar: Odisha govt on Thursday cleared 7 major industrial projects worth Rs 55,783 crore. These projects are expected to generate 14,507 jobs across the state.The steel sector led the approvals. The high-level clearance authority (HLCA), chaired by chief minister Mohan Charan Majhi, approved Saffron Resources Pvt Ltd (a JSW Group company) plan to invest Rs 35,000 crore to set up a 6 MTPA steel plant in Dhenkanal, creating around 8,000 jobs and reinforcing Odisha’s position as a key steel manufacturing hub.“Through these investment clearances, we are focusing on different parts of Odisha to make the state strong, Atmanirbhar and ready for Samruddha Odisha by 2036,” Majhi said during the 43rd HLCA meeting.The projects span steel, rare earth manufacturing, automobiles and auto-components, semiconductors, industrial gases, ferro alloys, and power and renewable energy, and will be located in Dhenkanal, Ganjam, Keonjhar, and Khurda districts.Other major investments include Jindal Poly Films Ltd’s Rs 12,000 crore in Ganjam for a Titanium Dioxide Pigment unit under rare earth manufacturing, creating 4,000 jobs. In the automobile sector, the HLCA approved Rs 1,697 crore in Ganjam by a company, which the govt did not name, for tyre, carbon black, and zinc oxide manufacturing, generating 685 jobs.Sancode Semi Pvt Ltd’s plan to invest Rs 1,649.98 crore for an OSAT semiconductor unit in Khurda, creating 570 jobs, and Inox Air Products Pvt Ltd’s Rs 1,300 crore for an Air Separation Unit in Dhenkanal, generating 180 jobs, also got govt nod.The HLCA approved Ferro Alloys Corporation’s Rs 2,000 crore investment in Keonjhar for ferro alloys facilities and a 100 MW captive power plant, creating 772 jobs. GMR Kamalanga Energy Ltd will invest Rs 2,136.02 crore for a 350 MW thermal power plant in Dhenkanal, generating 300 jobs.
