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Odisha launches 53 industrial projects worth Rs 39,383 crore
Odisha has launched 53 industrial projects valued at Rs 39,383 crore across 14 districts, a move expected to generate more than 42,000 jobs. Chief Minister Mohan Charan Majhi inaugurated several of these initiatives in Kalinganagar, Jajpur district, including a new ferrochrome plant by Indian Metals and Ferro Alloys (IMFA) and an integrated steel manufacturing facility by Jindal Ferrous Limited involving an investment of over Rs 5,000 crore.
Major investments include Rs 14,039 crore from Jindal Stainless and its group companies, as well as Rs 9,067 crore for expansions by Tata Steel and Neelachal Ispat Nigam Limited (NINL) in Jajpur. The industrial push spans multiple sectors, including steel, chemicals, renewable energy, food processing, and IT. During the event, the Chief Minister emphasized the importance of prioritizing local candidates for both technical and non-technical employment.
In separate social welfare developments, the state government has extended the Antyodaya Gruha Yojana housing scheme until 2029. The extension aims to construct an additional 2,91,666 houses for vulnerable families, with a total project outlay of Rs 7,550 crore. The government has also revised incentive structures to encourage faster completion of house construction.
Entities
Indian Metals and Ferro Alloys · Jajpur · Jindal Ferrous Limited · Jindal Stainless · Mohan Charan Majhi · Odisha · Tata Steel
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The Jindal Ferrous facility has a steelmaking capacity of 2.2 million tonnes per annum and is expected to create over 2,000 jobs. www.deccanchronicle.com
- [○ 1 SOURCE] The projects are expected to create over 42,000 jobs. www.equitypandit.com
- [○ 1 SOURCE] Odisha launched 53 industrial projects worth Rs 39,383 crore across 14 districts. www.equitypandit.com
- [○ 1 SOURCE] Tata Steel and Neelachal Ispat Nigam Limited (NINL) have expansions in Jajpur worth Rs 9,067 crore. www.equitypandit.com
- [○ 1 SOURCE] Indian Metals and Ferro Alloys (IMFA) opened a new ferrochrome plant at Kalinganagar, completed in 458 days. www.equitypandit.com
- [○ 1 SOURCE] Jindal Stainless and its group companies account for Rs 14,039 crore of the total investment. www.equitypandit.com
- [● 2 SOURCES] Chief Minister Mohan Charan Majhi instructed industries to prioritize local candidates for technical and non-technical roles. www.equitypandit.com · www.deccanchronicle.com
- [○ 1 SOURCE] Jindal Ferrous Limited inaugurated an integrated steel manufacturing facility in Jajpur with an investment exceeding Rs 5,000 crore. www.deccanchronicle.com