Major Investment Push Led by Tata Group
Odisha Chief Minister Mohan Majhi is set to lay the foundation for a major industrial transformation in the state with the launch of ₹1.14 lakh crore worth of projects in Jajpur on May 22. Leading the charge is the Tata Group, with a massive investment of ₹63,000 crore, making it one of the largest single corporate commitments in the state’s history.
Out of the total, ₹61,000 crore will go towards a groundbreaking new initiative by Tata, signalling the company’s long-term commitment to Odisha’s industrial future.
16 Projects, 34,000 Jobs: A Vision in Action
According to Industries Minister Sampad Swain, the Chief Minister will perform groundbreaking ceremonies for 12 new projects and inaugurate 4 completed ones in Jajpur. These projects, stemming from MoUs signed during the Utkarsh Odisha – Make in Odisha Conclave, are expected to generate over 34,000 employment opportunities across various sectors.
“These aren’t just paper promises,” Swain stated. “This government is committed to converting every MoU into real infrastructure, jobs, and growth.”
Odisha’s Roadmap to Becoming an Industrial Powerhouse
The upcoming ceremonies in Jajpur are part of Chief Minister Majhi’s broader vision to establish Odisha as India’s next major industrial and manufacturing hub. In his February budget speech, the CM outlined a robust industrial development strategy focused on mines, minerals, and value-added sectors.
This comes on the heels of 593 investment proposals worth ₹16.73 lakh crore across 20 sectors that were submitted during the Make in Odisha Conclave earlier this year.
Major players such as JSW and Vedanta have also expressed strong interest in expanding their footprint in Odisha, encouraged by the state’s proactive approach and business-friendly policies.
Creating Opportunity Through Infrastructure and Skill Development
The state government has assured complete facilitation support for these projects—from land acquisition and regulatory clearances to infrastructure development. These measures aim to reduce delays and encourage faster execution, benefiting both large-scale industries and small and medium enterprises (SMEs).
Apart from job creation, the projects are expected to stimulate local entrepreneurship, particularly in the ancillary and service sectors. With training programs and skill development initiatives on the cards, the government is also preparing the local workforce for employment in upcoming units.
A New Chapter in Odisha’s Growth Story
May 22 will mark more than just foundation stones—it marks the beginning of a transformative era for Odisha’s economy. With mega-investments, job creation, and a clear roadmap, the state is positioning itself as a dynamic industrial hub in eastern India.
As CM Mohan Majhi leads this industrial charge, Odisha is no longer just a resource-rich state—it is becoming a destination for innovation, employment, and sustainable economic development.
(With agency inputs)
