Odisha govt approves 11 industrial projects worth Rs 3,266 cr

Bhubaneswar, July 11 (KNN) The State Level Single Window Clearance Authority (SLSWCA) in a meeting chaired by Chief Secretary PK Jena approved 11 industrial projects worth Rs 3,266 crore in Odisha.
 
The Odisha government through these projects is expecting to generate employment opportunity for over 9,146 people.
 
The approved projects are spread across diverse sectors such as metal downstream and ancillary, chemicals, food processing, agro processing, plastics, textiles apparel, IT & ESDM, and renewable energy.
 
The projects will be set up in Balasore, Bolangir, Kalahandi, Khurda and Jajpur districts, an official said.
 
“The state has attracted one of the leading multinational companies in food-processing sector - Nestlé India Limited. Nestle will be setting up a food processing unit with an investment of over Rs 890 crore providing employment to over 800 people,” an official said.
 
In the textiles & apparels sector, Colortone Garments Private Limited (a subsidiary of First Step Baby-Wear), the 2nd largest baby-wear manufacturer in India, is setting up an integrated apparel manufacturing facility along with 1.2 MW rooftop captive solar power plant with an investment of over Rs 200 crore providing employment to over 4,820 people.
 
Similarly, a marquee name in the chemicals sector, Himadri Specialty Chemical Limited, also received approval to set up their first chemical manufacturing unit in Odisha with an investment of over Rs 980 crore providing employment to over 1,400 people.
 
Odisha is also becoming a major investment destination for companies in the plastics sector and three key projects were approved. IDVB Recycling Operations Private Limited is setting up a new unit of recycled pet flakes and recycled per resin products having an annual capacity of 63,000 MT with an investment of Rs 318 crore providing employment to over 240 people.
 
Others approved projects include Purv Packaging Private Limited’s new manufacturing unit for plastic caps, RDB Rasayans Limited’s manufacturing unit for flexible intermediate bulk containers among others.

KNN Bureau