MoUs worth Rs 27,650 crore inked at Odisha Investors’ Meet at Hyderabad

Furthermore, investment intents amounting to Rs 39,131 crore were also received, with the potential to create over 40,000 employment opportunities.

MoUs worth Rs 27,650 crore inked at Odisha Investors’ Meet at Hyderabad

Photo: X/@MohanMOdisha

The Odisha Government on Friday signed as many as 13 Memoranda of Understanding (MoUs) with a total investment potential of Rs 27,650 crore with an estimated employment generation of around 16,000 jobs at the Odisha Investors’ Meet at Hyderabad.

Furthermore, investment intents amounting to Rs 39,131 crore were also received, with the potential to create over 40,000 employment opportunities.

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“Odisha is ready to be the growth engines of India, and the Odisha Investors’ Meet is a platform to build long-term partnerships that translate investment intent into on-ground outcomes,” said Chief Minister Mohan Charan Majhi while addressing industry leaders.

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The Chief Minister emphasised that the state is positioning itself as a future-ready investment destination through policy stability, competitive costs, and a facilitative governance framework.

The Odisha Investors’ Meet was organised with the objective of direct engagement with industry leaders, showcasing Odisha’s diversified industrial ecosystem, and accelerating investment decisions across priority and emerging sectors.

The event brought together senior leadership from top companies, industry associations, and business chambers to explore new investment opportunities, strengthen partnerships, and support Odisha’s transition towards a market-driven, value-added, and employment-oriented industrial economy. More than 500 delegates were present during the event.

Drawing attention to the changing geography of India’s industrial growth, the Chief Minister said Odisha is emerging as a key destination under the national vision of Purvodaya, supported by strong infrastructure, fiscal discipline, and responsive governance.

He highlighted the state’s strategic advantages, including its extensive coastline, port-led development, expanding industrial corridors, and multimodal connectivity, positioning Odisha as a natural gateway to domestic and global markets.

“What businesses find crowded, expensive, and competitive elsewhere, they will find accessible, scalable, and facilitative in Odisha. Our role as a government is clear to enable growth, ensure timely approvals, and provide policy stability so that investors can focus on building and expanding,” the Chief Minister said.

The Odisha Investors’ Meet witnessed participation from industry leaders, business associations, and senior executives from leading companies, in the presence of Minister for Industries, Sampad Chandra Swain, and senior officers of the Government of Odisha.

The event served as a platform to present Odisha’s evolving industrial ecosystem and emerging opportunities across traditional and new-age sectors.

The event witnessed strong industry interest across key and emerging sectors, including pharmaceuticals, medical devices, renewable energy equipment, textiles and technical textiles, electronics, IT and data centres, advanced manufacturing, and allied industries, underscoring Odisha’s growing appeal as a diversified and future-ready investment destination.

Emphasising the state’s focus on diversification, the Chief Minister noted that Odisha’s growth is increasingly being driven by value-added manufacturing and emerging industries, supported by sector-specific policies, industrial parks, and investment facilitation mechanisms.

Addressing the gathering, Minister for Industries, Sampad Chandra Swain, said “The strong response at the Odisha Investor Meet demonstrates the confidence industry has in Odisha’s policy framework and governance model. The state is committed to ensuring effective implementation, continuous engagement, and seamless facilitation for investors.”

Industry representatives acknowledged Odisha’s transparent policies, competitive operating environment, and improving infrastructure, noting the state’s potential as a long-term investment destination.

The Odisha Investors’ Meet reaffirmed the state’s commitment to sustained industry engagement and partnership-driven growth, positioning Odisha as a key contributor to India’s future industrial and economic expansion.

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