Latest Project Updates
Rs.1000 Million New Pharmaceutical Formulation Unit in Khordha, Odisha
Executive Summary: A pharmaceutical company is planning to establish a new formulation manufacturing unit in Khordha district, Odisha. The project involves setting up a dedicated pharmaceutical formulation facility with an estimated investment of Rs.1,000 million. As of February 2026, the project has received investment approval from the Odisha government, enabling the company to proceed with further development and implementation activities.
Rs.1000 Million New Apparel Mfg. Unit in Khordha, Odisha
Executive Summary: A new apparel manufacturing unit is proposed in Khordha, Odisha. The project involves setting up a dedicated garment production facility with an estimated investment of Rs. 1,000 million. As of February 2026, the project has received investment approval from the Government of Odisha.
Rs.3840 Million New Railway Component Mfg. Project in Khordha, Odisha
Executive Summary: A new railway component manufacturing project is proposed in Khordha, Odisha. The project involves establishing a dedicated production facility with an estimated investment of Rs. 3,840 million. As of February 2026, the project has received investment approval from the Government of Odisha.
Rs.9073 Million Multi-Facility Hospital Expansion Project in Khordha, Odisha
Executive Summary: A healthcare provider plans to expand a multi-facility hospital in Bhubaneswar by increasing bed capacity from 250 to 350 and enlarging the built-up area. The Rs 9,073.4 million project is scheduled from May 2026 to May 2027 and is currently under review for environmental clearance by the state authority.
Rs.300 Million Iron Ore Beneficiation Plant Installation Project in Sundargarh, Odisha
Executive Summary: An iron ore beneficiation plant is proposed at Arkaikela, Tumkela post, in Sundargarh district, Odisha. The project includes a 1.0 MTPA throughput beneficiation facility integrated with existing crushing and screening units. The estimated investment is ₹300 million. Construction is planned from September 2026 to December 2028. As of February 2026, the proposal has been submitted to the State Environment Impact Assessment Authority for environmental clearance.
Rs.1280000 Million New Aluminium Smelter Unit in Dhenkanal, Odisha
Executive Summary: A major aluminium smelter project is proposed in Dhenkanal, Odisha, featuring a 3 MTPA smelting facility supported by a 4,900 MW captive power plant, with plans to expand capacity to 6 MTPA. The investment, estimated at ₹1,28,000 crore, has received state-level approval and land allotment. Site development, engineering, and environmental clearances are underway, with completion targeted by late 2028 or early 2029.
Rs.172500 Million New Integrated High-Tech Manufacturing Cluster in Dhenkanal, Odisha
Executive Summary: A state government has approved a major integrated manufacturing cluster in Dhenkanal district with an investment of ₹17,250 crore. The multi-product complex will support automotive, aerospace, defence, and specialty materials sectors. It includes specialty steel, titanium alloy, super alloy, casting, and forging units, along with vendor parks and shared infrastructure, backed by a special incentive package.
Rs.244 Million Polyurethane Foams Products Mfg. Expansion Project in Khortha, Odisha
Executive Summary: A polyurethane foam manufacturing project is planned in Jayamangal Industrial Area, Khortha, Odisha. Initial capacity was 4,500 MTPA, later enhanced to 7,000 MTPA with Rs. 244 million investment. As of January 2026, further expansion will raise polyurethane foam capacity to 15,000 MTPA and rebonded foams to 2,500 MTPA, with an additional Rs. 93.1 million investment and regulatory consent obtained.
New Hospital Unit in Khordha, Odisha
Executive Summary: A new hospital unit is planned at Forest Park, Bhubaneshwar, Khordha, Odisha. The project will have a capacity of 50 beds. As of January 2026, the project has received consent from the state pollution control authorities to proceed.
Rs.132500 Million Integrated Steel Plant Expansion Project in Dhenkanal, Odisha
Executive Summary: An integrated steel plant expansion is proposed at Meramandali in Dhenkanal district, Odisha. The project aims to increase crude steel capacity from 5.6 MTPA to 7.1 MTPA and finished steel output to 8.3 MTPA. The investment is estimated at Rs.132,500 million. Construction is planned from April 2027 to September 2030 and is awaiting environmental clearance.