back to top
Friday, June 21, 2024
34 C
HomeRecent NewsBhubhaneshwar Nod To 2360cr Industry Projects

Bhubhaneshwar Nod To 2360cr Industry Projects

Bhubaneswar: Chief minister Naveen Patnaik on Monday inaugurated two industrial projects and laid the foundation for 10 more projects. These projects include a logistics park, two ethanol plants, a mineral bonification expansion project and a cement manufacturing unit, among others.
The chief minister said, “Even in these difficult times of Covid-19, the state has attracted major investments and continues to enjoy the trust of investors. Today’s event, where we are launching new industrial projects in diverse sectors ranging from cement, food processing, tourism and logistics is a proof of our efforts in attracting investments across different sectors.”
These diversified and employment-intensive projects will create potential jobs for over 2,580 people in the state. Some of the leading companies promoting these projects include Tata Steel, Swosti Premium, Greentech Bioenergy and Chalah Infratech. The projects are spread over nine districts and will entail an investment of Rs 2,360 crore.
Highlighting the efforts to improve the ease of doing business, Naveen said with several initiatives the state government is ensuring time-bound and fast commissioning of the industrial projects.
The projects that were inaugurated included a cement grinding unit of 1.5 million metric tonnes per annum at Kalinga Nagar Industrial Complex, Jajpur, by Jajpur Cement at an investment of Rs 400 crore, which will generate potential jobs for over 214 people. The other was a bio-degradable tableware manufacturing unit at Growth Centre Phase-II, Balangir, by Swosti Ecowares at an investment of Rs 9.03 crore, which will generate potential employment for over 49 people.
“With such massive investments across the state, Odisha looks to strengthen its position, achieve its goals and remain in the position of a leading state in the coming years, with new innovation, infrastructure, dedication, best technology backed by ease of doing business for the investors,” Naveen said.
Aabkari Times Editorial Team
Aabkari Times is a monthly news magazine on Liquor, Excise and Alcohol allied industry; being published since 2009 by the expertise of retired excise dept. associates and alco-bev industry professionals as our editorial team. Our magazine contains different new alco-bev strategic and new brand launch articles as well as news on recent govt. policies, trends on alcohol industry and other important data relevant to the distilleries and industry at the mass.

- Advertisement -

Global Insights, Indian Excise News, Industry Tips & Strategies


- Advertisement -


You may be interested in


Popular all-time


    Teetotaller-Turned-Liquor Baron Lalit Khaitan Is India’s Newest Billionaire

    India is one of the world’s fastest-growing markets for liquor and cashing in on that trend of rising consumption is Lalit Khaitan, the country’s...

    Som Distilleries and Breweries Ltd (SDBL) Expands Beer Production Capacity at Karnataka plant

    Som Distilleries and Breweries Ltd (SDBL) has received approval from the Excise Department of Karnataka for the proposed expansion of the beer capacity at...

    Pernod Ricard bets India will bottoms up to the top

    Pernod Ricard, the maker of Chivas Regal, Glenlivet and Absolut, said it expects India to outpace the US to become its largest market globally,...

    FAQs on Gujarat’s GIFT City Liquor Regulations as Gujarat’s Prohibition Department Responds to Queries

    In response to the numerous queries from Gujarat residents, the state's department of prohibition and excise has released a set of 'frequently asked questions'...