SLSWCA approves 9 initiatives with an employment potential of greater than 2500
3 min read
Bhubaneswar: The Government of Odisha’s resolute dedication to fostering industrial development reached one other summit on the 121st State Level Single Window Clearance Authority (SLSWCA) assembly, convened on right this moment.
Guided by the insightful management of Chief Secretary Pradeep Kumar Jena, the SLSWCA accepted 9 new industrial initiatives, projected to catalyze the state’s financial trajectory.
The collaborative synergy between the Government of Odisha and the enterprise group continues to thrive, as these initiatives, with a cumulative funding exceeding Rs 873.57 Crores, are poised to unlock new avenues of employment for 2516 individuals, bolstering the State’s stature as a magnet for investments.
Among the ventures receiving the SLSWCA’s nod, Petronet LNG Limited’s Compressed Bio Gas and Fermented Organic Manure plant shines vivid. With an annual capability of 33,065 MT, this venture guarantees a twin benefit of chemical manufacturing and renewable power. Located in Deogarh, this initiatives set to rework the panorama.
Pearl Precision Products Pvt Ltd joins the ranks with their plan for a cutting-edge Plastic Faucet, Water Tank, Pipes, and Fittings manufacturing unit. Their annual capability of greater than 30 million Pcs stands as a testomony to their dedication to excellence. This venture shall be arising in Paradeep Plastic Park, Jagatsinghpur.
In the Plastic sector, Indopet Polyplast Pvt. Ltd. units out to determine a high-capacity manufacturing unit for Food Grade Pet Bottles, Jars & Pre-forms, with an annual capability of 8,000 MT. Strategically situated in Khurda, this venture stands to boost each employment alternatives and plastic manufacturing excellence.
The metal business’s ancillary sector gathers momentum with the approval of TRL Krosaki Refractories Ltd’s complete venture. Spanning 57,000 MT primary uncooked materials grinding unit, 11,700 MT monolithic uncooked materials grinding unit, 8,900 MT excessive alumina uncooked materials grinding unit, and 14,400 MT grog processing unit, this enterprise is situated in Jharsuguda.
Another venture on this sector accepted by the SLSWCA is Chosun Sarvesh Refractories Private Limited’s 14,400 MT Tap Hole Clay unit. It shall be situated at Kuanramunda, Sundergarh. Chosun is a South Korea firm having respected stature as a producer of high quality refractories.
Saizar Enterprise Private Limited enriches the Steel (Downstream) area by erecting a Steel processing unit for HR & CR coil. Situated in Kalinga Nagar, Jajpur, this venture will add to Odisha’s metal processing capabilities.
Vikram Private Limited’s growth venture for a 0.12 MTPA SMS and 0.1 MTPA TMT plant provides one more dimension to Odisha’s metal manufacturing prowess. Located in Lahunipada, Sundergarh, this initiative is one other addition to Odisha’s sturdy metal sector.
The Agro & Food Processing sector receives a considerable increase with Coastal Biotech Private Limited’s Corn processing & corn starch manufacturing unit. This enterprise, located in Bamuni Industrial Estate in Nabarangpur district will leverage the district’s maize manufacturing capability.
Furthermore, Odisha’s tourism panorama thrives with the formidable venture of SNM Hotel And Resorts Private Limited. The Hotel and Resort facility shall be arising in Chikiti, Ganjam. The venture within the Tourism sector underpins the state’s efforts for broad-based industrial development.
The venture particulars which obtained approval from the committee are as follows:
As these initiatives transfer nearer to fruition, Odisha stands poised to realize new milestones in its journey of progress, powered by visionary industrial ventures and a authorities unwaveringly dedicated to a thriving financial future. The 121st SLSWCA meting stands as a testomony to the State’s dedication to driving development, producing employment alternatives and strengthening its place as a burgeoning industrial powerhouse within the area.
