Finance
Odisha is prepared to lead Eastern India’s industrial transformation under the national vision of Purvodaya and Viksit Bharat, Chief Minister Mohan Charan Majhi said at the Odisha Investors’ Meet Roadshow in Vadodara on Thursday.
“Western India has already driven India’s industrial growth. Now, for Viksit Bharat, Eastern India must rise, and Odisha is poised to lead the way,” Majhi stated. He asked Gujarat-based businesses to extend their operations in Odisha and collaborate in the state’s next phase of industrial development.
The Chief Minister positioned Odisha as the “Gateway to India’s Fastest Growing Trade Corridors,” emphasizing the state’s strategic location and its major ports at Paradip, Dhamra, and Gopalpur, which give seamless connection to East Asia, South-East Asia, and Indo-Pacific markets.
Investors responded enthusiastically to the Gujarat outreach, which covered Ahmedabad, Mundra, and Vadodara. Chief Minister Mohan Charan Majhi headed the trip, which included Industries Minister Sampad Chandra Swain, Chief Secretary Anu Garg, and Additional Chief Secretary Hemant Sharma, among other key officials.
Odisha demonstrated its powerful industrial environment, which is distinguished by ample raw materials, contemporary infrastructure, port-led logistics, regulatory stability, and timely project execution. The state is shifting from a resource-based economy to a value-added manufacturing and advanced industrial center.
Majhi focused on Odisha’s developing capability in renewable energy production, which includes solar cells, modules, and integrated value chains. He also highlighted the state’s growth as a railway manufacturing and supply-chain hub, with possibilities in engineering, fabrication, wheels, axles, and components.
The roadshow included more than 132 high-level encounters, including one-on-one B2G sessions and four sectoral roundtables. Two investment promotion events in Ahmedabad and Vadodara drew over 700 attendees. Metal Downstream, Chemicals, Pharmaceuticals, Rare Earth Value Addition, Green Energy Equipment, Infrastructure, Logistics, Food Processing, Apparel & Textiles, IT & ITES, ESDM & Semiconductor, Lab Grown Diamonds, Plastics, Tourism, Aerospace & Defence, Capital Goods, and Power were among the sectors that drew the most attention.
The discussions yielded considerable results: 71 investment intents, including 8 MoUs and 63 Investment Intention Forms, with a total investment potential of Rs 48,330 crore and estimated employment of over 67,838 persons.
Industries Minister Sampad Chandra Swain described Odisha as a natural industrial expansion hub for Eastern India. “Odisha is not merely offering an investment destination, but a long-term growth partnership built on trust, execution, speed, and stability,” he said.
The Chief Minister guaranteed investors of aggressive assistance via the GO-SWIFT single-window clearance system and dedicated handholding procedures. The government intends to translate these intentions into on-the-ground projects that would create jobs and reinforce the vision of a developed India by 2047 and a wealthy Odisha by 2036.
With its diverse industrial approach, solid infrastructure, and investor-friendly regulations, Odisha is firmly establishing itself as Eastern India’s growth engine.
