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2 clusters · 16 sources · 3 days · First seen · Last updated

Odisha secures Rs 8,417 crore in investment proposals in UAE

Overview

Odisha Chief Minister Mohan Charan Majhi has concluded a high-level investment outreach in the United Arab Emirates, securing investment proposals worth Rs 8,417 crore. These commitments are projected to create approximately 14,310 jobs in sectors such as IT, real estate, logistics, food processing, steel, and the circular economy.

During the mission, the Chief Minister met with UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri to discuss deepening trade and investment cooperation. The delegation also toured the Emirates Global Aluminium (EGA) facility in Jebel Ali, highlighting the existing technology license partnership between NALCO and EGA regarding modernization and low-carbon aluminium production.

Further engagements included industry roundtables with the JSW Group and the Bureau of Middle East Recycling (BMR) Association, focusing on resource efficiency and metal recycling. Additionally, the state signed a Memorandum of Cooperation with the Indian Business & Professional Council (IBPC) to strengthen ties with the UAE-based Indian business community. The outreach sought to position Odisha as a global hub for green energy, advanced materials, and downstream industries.

Entities

Odisha government · Odisha · Mohan Charan Majhi · Emirates Global Aluminium · Middle East Recycling Association

Timeline

  1. 1 day ago

    [BUSINESS] 9 sources
    Odisha secures Rs 8,417 crore in investment proposals during UAE visit

    Odisha CM Mohan Charan Majhi secured Rs 8,417 crore in investment proposals during a UAE visit, targeting sectors like aluminium, green energy, and IT to create over 14,000 jobs.

  2. 4 days ago

    [BUSINESS] 9 sources
    Odisha Chief Minister seeks UAE investment for major industrial projects

    Odisha Chief Minister Mohan Charan Majhi is leading a delegation to the UAE to seek major investments in metallurgy, energy, and minerals, targeting projects worth Rs 2.1 lakh crore.

Sources

asianage.com · businessnewsthisweek.com · businessnewsweek.in · deccanchronicle.com · desitalkchicago.com · gulfnews.com · kalingatv.com · latestly.com · newindianexpress.com · news18.com · newsable.asianetnews.com · odishabytes.com · onlinemediacafe.com · orissapost.com · pragativadi.com · southasiandaily.com

This summary has been updated 1 time: see revision history