The Odisha government on Tuesday said it has received investment proposals worth ₹1.67 lakh crore within a span of one month, reinforcing the state’s push to emerge as a major industrial destination in the country.
According to a statement issued by the Chief Minister’s Office, the proposals were received through two investor outreach programmes held in Hyderabad in December 2025 and Kolkata in January 2026. Once implemented, the proposed investments are expected to generate around 1.46 lakh employment opportunities across the state.
The Hyderabad investor meet attracted proposals worth ₹67,000 crore, while the Kolkata meet accounted for ₹1 lakh crore in investment intent, the statement said.
Chief Minister Mohan Charan Majhi said the response reflects Odisha’s transition from a traditionally resource-driven economy to a future-ready industrial state. Referring to the state’s new investment pitch — “Yahi Samaya Hai, Sahi Samaya Hai” — Majhi said Odisha’s industrial journey is gaining momentum as it sharpens its focus on technology-led and high-growth sectors.
While Odisha has long been known for steel, mining and heavy industries, the state is now expanding into areas such as IT and ITES, aerospace and defence, technical textiles, metal ancillaries, engineering goods, plastics, chemicals, packaging and recycling, pharmaceuticals, medical devices and biotechnology, the CMO said.
This shift was reflected during the investor meets, which showcased opportunities across emerging sectors. As part of the outreach, six sector-specific roundtable discussions were organised in Hyderabad and Kolkata, with participation from 123 company leaders.
In Hyderabad, discussions focused on pharmaceuticals and aerospace and defence, while the Kolkata sessions covered hosiery, apparel accessories and technical textiles, metal ancillaries, downstream and engineering goods, plastics, chemicals, packaging and recycling, as well as pharmaceuticals, medical devices and biotechnology.
Majhi said the state’s industrial strategy aligns with the national vision of Purvodaya, Odisha’s goal of becoming ‘Samruddha’ by 2036, and contributing to ‘Viksit Bharat’ by 2047. He added that Odisha offers a complete ecosystem for new-age industries, spanning innovation, manufacturing, logistics and transportation.
The chief minister highlighted Odisha’s port-led connectivity, with operational ports at Paradeep, Dhamra, Gopalpur, Bahuda and Inchudi–Subarnarekha, along with expanding air connectivity and a strong road network. He also pointed to dedicated industrial parks, MSME parks and Special Economic Zones that provide plug-and-play facilities for investors.
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To support workforce readiness, the state government plans to set up three additional skill centres in Bhubaneswar, Sambalpur and Berhampur, aimed at ensuring balanced regional development and employment generation.
Officials said the investment proposals reflect growing confidence in Odisha’s policy framework and infrastructure, with further engagements expected in the coming months.