In a bid to fast-track industrialisation in Odisha, Industry Minister Sampad Chandra Swain conducted a comprehensive review meeting with department officials, emphasising the need for swift execution of approved projects.
The meeting, attended by the Additional Chief Secretary of the Industries Department, Hemant Sharma, along with senior officials from IDCO and IPICOL, focused on strategies to ground the initiatives sanctioned by the High-Level Clearance Authority (HLCA) and the State Level Single Window Clearance Authority (SLSWCA).
Discussions centred on accelerating the implementation of these industrial projects to ensure timely realisation. Minister Swain directed all departmental officers to function as a cohesive team and adhere to strict timelines to meet predefined targets. Marking the second anniversary of the BJP government in the state, he set an ambitious goal for the Industries Department: to inaugurate and lay foundation stones for projects entailing investments exceeding Rs 3 lakh crore by June 2026.
Highlighting the pivotal role of industrialisation in Odisha’s economic advancement, Minister Swain stated, “Industrialization is the cornerstone of the state’s economic progress.” He noted that a total of 394 projects have been approved through SLSWCA and HLCA, involving an aggregate investment of Rs 8.15 lakh crore and the potential to generate over 5 lakh employment opportunities.
To date, 108 projects with investments surpassing Rs 2.4 lakh crore have either been inaugurated or had their foundation stones laid, paving the way for approximately 1.75 lakh jobs. The minister reaffirmed the government’s commitment to expediting the remaining projects, thereby creating extensive employment avenues for the state’s youth.
This push aligns with broader efforts to bolster Odisha’s industrial landscape, fostering sustainable growth and positioning the state as a key investment destination in India.
Comments are closed.