Bhubaneswar: Odisha secured investment intents worth Rs 48,330 crore during a three-day roadshow concluding Thursday in Gujarat, led by Chief Minister Mohan Charan Majhi. The event resulted in the signing of eight Memoranda of Understanding (MoUs) and 63 investment intent forms, with a projected creation of 67,838 jobs, officials confirmed on Thursday.
Chief Minister Highlights Productive Visit
Addressing mediapersons in Vadodara, Majhi termed the visit “highly productive,” citing strong investor sentiment towards Odisha. “With vast mineral reserves and a long coastline, the state holds immense possibilities under Prime Minister Narendra Modi’s Purvodaya vision,” he said. Reiterating the government’s focus on execution and facilitation, he assured industry of proactive support through the GO-SWIFT single-window system and dedicated handholding mechanisms.
Extensive Outreach and Engagements
The outreach across Ahmedabad, Mundra, and Vadodara saw over 132 engagements, including high-level one-on-one business-to-government (B2G) meetings and four sectoral roundtables. Two investment roadshows at Ahmedabad and Vadodara drew over 700 participants, reflecting strong interest from industry and institutional stakeholders. Discussions centred on sectoral opportunities, policy support, logistics advantages, and industrial partnerships.
Sectoral Commitments
The roadshow drew commitments across multiple sectors, including metal downstream, chemicals, pharmaceuticals, rare earth value addition, green energy equipment, infrastructure, logistics, food processing, textiles, IT & ITES, ESDM and semiconductors, lab-grown diamonds, plastics, tourism, aerospace and defence, capital goods, and power.
Odisha as Growth Engine Under Purvodaya Vision
“Western India has led India’s industrial rise. For Viksit Bharat, Eastern India must rise, and Odisha is ready to lead that transformation,” Majhi said at the Vadodara meet, which saw participation from over 200 industry leaders and associations. Positioning Odisha as a growth engine under the Purvodaya vision, the CM invited Gujarat-based industries to expand into Odisha. Calling it the “gateway to India’s fastest-growing trade corridors,” he highlighted connectivity to East and Southeast Asia via Paradip, Dhamra, and Gopalpur ports.
Transition to Value-Added Manufacturing Hub
Majhi said Odisha offers a strong mix of raw material availability, modern infrastructure, port-led logistics, policy stability, and fast project execution. The state is transitioning from a resource-based economy to a value-added manufacturing hub. He also underscored the state’s push in clean energy manufacturing, particularly in solar value chains, and its emergence as a railway manufacturing and supply-chain hub with growing opportunities in engineering and component production.
Minister Highlights Long-Term Growth Partnership
Industries Minister Sampad Chandra Swain said Odisha is emerging as a natural industrial expansion hub for Eastern India under the Purvodaya vision. He highlighted infrastructure, skilled workforce, and policy stability, adding that the state offers “a long-term growth partnership built on trust, execution, speed, and stability” with a roadmap towards Samruddha Odisha by 2036 and Viksit Bharat by 2047.
