Odisha clears US$621M in investment across 23 projects, targeting 22,873 jobs
What's the deal? Odisha's State Level Single Window Clearance Authority (SLSWCA) has approved 23 industrial projects worth US$621.1M, with the potential to create 22,873 jobs. The projects, cleared at the authority's 148th meeting on July 21, 2026, span 11 districts.
Who's investing? HCL TechnologiesDealroom has a profile for this one. Try Dealroom → leads with a US$99.1M Global Development Centre in Khordha, expected to generate 6,000 jobs. It is the single largest employment commitment among the approved projects.
What's the spread? The projects cover Information Technology and ITES, green energy, battery and energy storage, chemicals, textiles, food processing, steel, pharmaceuticals, infrastructure, healthcare, and tourism. They will be set up across Angul, Balangir, Cuttack, Ganjam, Jajpur, Kendujhar, Khordha, Mayurbhanj, Nuapada, Puri, and Sundargarh.
Green energy push: ACME Cleantech SolutionsDealroom has a profile for this one. Try Dealroom → will build an alkaline electrolyser plant in Ganjam with capacity up to 3GW a year for US$105.7M, creating 480 jobs. GGB Battery India will set up a zinc anode battery unit in Cuttack for US$27.5M, and EnvirocareInfrasolution will add a 100MW solar captive plant in Angul for US$47.7M.
Textiles bet: Four apparel projects were approved, three of them in Puri. SAPL Industries will invest US$34.5M for 4,570 jobs, SPL Industries US$6.79M for 3,000 jobs, and Richa Global Exports US$11.5M for 2,500 jobs. Astha Cotspin will set up a textile unit in Balangir for US$16.9M.
Why now? The clearances form part of the state's Samruddha Odisha 2036 vision, chaired by chief secretary Anu Garg under chief minister Mohan Charan Majhi. The government is pushing policy support and investor facilitation to expand industry beyond its traditional base.
The signal: The mix of legacy sectors such as steel and textiles alongside green hydrogen, batteries, and IT points to Odisha positioning itself for both mass employment and emerging-technology investment. Spreading projects across 11 districts also signals an intent to distribute industrial growth beyond established hubs.
Read more: agamiduniya.in
Image credit: DFID - UK Department for International Development
