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Odisha secures Rs 8,417 crore in investment proposals in UAE
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2026-09-10 08:01 UTC → 2026-09-11 13:13 UTC ·
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Odisha secures Rs 8,417 crore in investment outreach proposals in the UAE
Odisha Chief Minister Mohan Charan Majhi is leading has concluded a high-level delegation to investment outreach in the United Arab Emirates to secure international Emirates, securing investment for state industrial projects. The outreach aims proposals worth Rs 8,417 crore. These commitments are projected to support Odisha’s long-term economic goals, including reaching a $500 billion economy by 2036. Discussions have centered on potential investments valued at create approximately Rs 2.1 lakh crore, involving entities 14,310 jobs in sectors such as the International Holding Company (IHC) IT, real estate, logistics, food processing, steel, and the Adani Group. Targeted sectors include metallurgy, rare earth minerals, coal-to-chemicals, manufacturing, infrastructure, and energy. These initiatives are estimated to potentially generate roughly 8.7 lakh employment opportunities. circular economy. During the visit to Abu Dhabi and Dubai, mission, the delegation Chief Minister met with UAE Minister of Economy and Tourism Abdulla Bin bin Touq Al Marri, as well as petrochemical major Borouge Marri to discuss deepening trade and various investment institutions. cooperation. The mission delegation also includes 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 ‘One District One Product’ showcase Memorandum of Cooperation with the Indian Business & Professional Council (IBPC) to promote local handicrafts 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 manufactured goods. downstream industries.
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- 2026-09-11 13:13 UTC Odisha secures Rs 8,417 crore in investment proposals in UAE
- 2026-09-10 08:01 UTC Odisha investment outreach in the UAE
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