Latest Project Updates
Rs.1360 Million New ESDM Manufacturing Unit in Khurda, Odisha
Executive Summary: A new ESDM manufacturing facility is being established in Khurda, Odisha, following approval in April 2026. Representing a ₹136 crore investment, the plant will focus on electronics system design and production. This initiative is set to enhance regional manufacturing infrastructure and contribute to the local electronics sector's growth, marking a significant industrial milestone for the state.
Rs.510 Million New Medical Device Mfg. Facility in Khurda, Odisha
Executive Summary: A Pune-based medtech firm is establishing a new medical device manufacturing unit in Khurda, Odisha. With an investment of Rs. 51 million, the project received official clearance from the State-level Single Window Clearance Authority in April 2026. This development marks a significant expansion in the state’s healthcare manufacturing ecosystem, aimed at boosting local production and job creation.
Rs.1540 Million New Five-Star Hotel in Khurda, Odisha
Executive Summary: A hospitality firm is developing a new five-star hotel in Khurda, Odisha, with a Rs. 1,540 million investment. Officially approved by the state’s investment authority in April 2026, the luxury property aims to bolster local tourism and business infrastructure. This major development is expected to significantly enhance the region's premium accommodation offerings upon completion.
Rs.5300 Million New Pharmaceutical Products Mfg. Unit in Gopalpur, Odisha
Executive Summary: A major pharmaceutical company has received approval to establish a new manufacturing unit in Gopalpur, Odisha, with an investment of ₹5,300 million. Cleared by the State Level Single Window Clearance Authority in April 2026, the facility aims to strengthen the state's pharmaceutical value chain and boost regional industrial development by enhancing production capacity and creating significant local employment opportunities.
Rs.2100 Million New Defence Grade Explosive Products Mfg. Unit in Jharsuguda, Odisha
Executive Summary: A leading manufacturer is establishing a new defence-grade explosives production facility in Jharsuguda, Odisha, with an investment of ₹2,100 million. Recently approved by the state’s Single Window Clearance Authority in April 2026, this strategic project will strengthen the company’s defence manufacturing capabilities and enhance Odisha's industrial ecosystem, contributing to local economic development and high-value manufacturing growth.
Rs.3000 Million New Metals Mfg. Project in Jharsuguda, Odisha
Executive Summary: A specialized joint venture is establishing a new facility in Odisha to produce high-value, gas-atomized aluminium powders for high-tech industries. Representing a Rs. 3,000 million investment, this project recently received formal approval from the state’s Single Window Clearance Authority. By enabling domestic manufacturing of these advanced materials, the facility aims to significantly reduce import dependency and strengthen India's industrial ecosystem.
Rs.9550 Million New Iron and Steel Mfg. Unit in Sambalpur, Odisha
Executive Summary: A major steel manufacturer is investing Rs. 9,550 million to upgrade its existing sponge iron plant in Sambalpur, Odisha, into an integrated steel facility. Recently approved by the state’s Single Window Clearance Authority, this project will significantly enhance regional steel production capacity and create over 1,600 jobs, reinforcing the state's status as a premier hub for metal manufacturing.
Rs.19435 Million New 3D Semiconductor Chip Packaging Unit in Bhubaneswar, Odisha
Executive Summary: A high-tech semiconductor packaging facility is being established to manufacture advanced 3D glass substrate-based chip packaging products with an annual capacity of 70,000 glass panels, 50 million assembled units and 13,200 3DHI modules. The project involves an investment of about Rs 19435 million and will support applications in AI, 5G, defence and high-performance computing. Located at Info Valley in Bhubaneswar, the unit has received government approvals under the India Semiconductor Mission and is expected to be completed by August 2028 with full-scale production targeted by August 2030.
Rs.15812 Million New Barbil Bypass Ring Road Project in Kendujhar, Odisha
Executive Summary: The Government of Odisha is developing an 18.326 km bypass ring road in Kendujhar to alleviate mining-related traffic congestion. Budgeted at ₹1,581.21 crore, the project includes nine bridges and ultramodern passenger facilities across 251 acres. Currently seeking environmental clearance as of April 2026, it offers significant opportunities for heavy infrastructure, bridge construction, and regional logistics firms.
Rs.5320 Million DRI Plant Expansion Project in Sundargarh, Odisha
Executive Summary: A ₹532 crore multi-sector expansion is underway in Sundargarh, Odisha, to scale an integrated steel complex. The project increases DRI, SMS, and rolling mill capacities, while boosting captive power generation to 205.5 MW and adding a ferro-alloys plant. Currently awaiting environmental clearance as of April 2026, the intensive construction phase is scheduled for late 2026.