Bhubaneswar: The Odisha State Level Single Window Clearance Authority (SLSWCA) headed by Chief Secretary Pradeep Kumar Jena on Fridat accorded its clearance to 8 transformative projects worth Rs.1397.18 crore, which will be invested in 6 districts of the State.
In the plastic sector, the proposal of Sintex BAPL Limited to invest Rs 479.47 crores in the establishment of manufacturing unit for CPVC, UPVC, SWR, Agri Pipes, PVC fittings and Plastic tanks with annual capacity of 37,520 MT, has been approved by the SLSWCA. The project will create employment for 1000 individuals in Sambalpur district.
HIL India is committed to invest Rs 250 crore to set up a PVC and CPVC pipes manufacturing unit in Balasore district thereby generating employment for 275 people.
Mega Flex Plastics Ltd has proposed to set up its manufacturing unit for plastic containers, leno bag, PP woven bags, PP woven fabrics & corrugated box has an annual capacity of 9,600 MT in Khordha. With an investment of Rs 62.38 Crores, this venture will not only generate employment opportunities for 382 individuals but also serve as the first-of-its-kind manufacturing facility, officials said.
The steel sector has experienced significant growth due to investment from notable companies including Four Sandhu Tubes Private Limited and KAI Steel Private Limited. Collectively, these two companies have promised to invest Rs 188.98 crores in regions such as Jajpur & Sundargarh. Through these investments in downstream sectors the state will generate employment for more than 403 people.
The State has approved Hindalco Industries Ltd’s proposal to invest Rs 241.05 crore in the aluminium sector, specifically for the establishment of a White Fused Alumina manufacturing unit in Sambalpur. This significant investment is expected to create job opportunities for 210 individuals.
In the IT Industry, Anuj Autograph Business Park is setting up an IT Park in Khordha with an investment of Rs 105.3 crore and employment potential of 300.
In the Agro-Industry sector, GGL Chalet Pvt. Limited to Invest Rs 70 crore on the manufacturing unit for Veneer (2,50,00,000 SQM per annum), Ply Board & Particle board (5,00,000 SQM per annum) and Biomass Pellet (10,00,000 MTPA) in Koraput. The combined employment generation potential is around 290.