Business Standard

In Odisha, approved investments show tilt to emerging sectors

Approved projects in new focus sectors have a potential to generate 95,235 jobs, says official data

Photo: iSTOCK
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(Image: Istock)

Jayajit Dash Bhubaneswar
Odisha’s efforts to project itself as an investment hub for new emerging sectors are paying off. Traditionally, it had the bulk of its commitments for metal and mineral industries. However, as the state government went on an overdrive through roadshows to promote investments in non-traditional sectors like food processing, petrochemicals, chemicals & plastics, green energy and tourism, these industries' intents are translating into firm commitments.

At the roadshows in Mumbai and Bengaluru and in ‘Make in Odisha’ conclave last year, Odisha drew investment intents totalling Rs 3.6 lakh crore from 124 projects. Seventy-four of these projects across sectors have translated

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