Odisha attracts Rs 48,330 cr investment at Gujarat Investors’ meet

Odisha Chief Minister Mohan Charan Majhi on Thursday said Odisha secured an investment potential of Rs 48,330 crore during the three-day Odisha Investors’ Meet in Gujarat, with the proposed projects expected to generate more than 67,838 employment opportunities across multiple sectors.The Chief Minister described the outcome as a major boost to Odisha’s industrial growth ambitions and said the response from investors reflected increasing confidence in the state’s business ecosystem.
In a post on X, Majhi said, “Odisha’s growth story gained strong momentum during the 3-day Odisha Investors’ Meet in Gujarat. We have unlocked an investment potential of Rs 48,330 crore, expected to generate over 67,838 employment opportunities.”He added that the development highlighted industry confidence in Odisha’s ease of doing business ecosystem, progressive governance, and the state’s emergence as a preferred investment destination.

Odisha’s growth story gained strong momentum during the 3-day Odisha Investors’ Meet in Gujarat. We have unlocked an investment potential of ₹48,330 crore, expected to generate over 67,838 employment opportunities. This reflects the growing confidence of industry leaders in… pic.twitter.com/UBzQbKTeyb

— Mohan Charan Majhi (@MohanMOdisha) May 7, 2026

The Odisha Investors’ Meet Roadshow held in Vadodara witnessed participation from more than 200 industry leaders, business associations, and institutional stakeholders. The state government showcased Odisha’s manufacturing-led growth vision, strong MSME ecosystem, skilled workforce, and investment-ready infrastructure.“The engagement reflected growing confidence in Odisha as an emerging industrial destination and gateway to India’s fastest-growing trade corridors,” Majhi noted.
According to official figures, the Gujarat outreach secured 71 investment intents, including eight memoranda of understanding and 63 Investment Intention Forms, involving sectors such as metal downstream, chemicals, pharmaceuticals, green energy equipment, infrastructure, logistics, food processing, apparel and textiles, IT and IT-enabled services, semiconductors, tourism, aerospace and defence, plastics, and power.Addressing investors during the roadshow, the Chief Minister said Eastern India is poised to drive the country’s next phase of industrial expansion.“Western India has already led India’s industrial rise. Now, for Viksit Bharat, Eastern India must rise, and Odisha is ready to lead that transformation,” he said while presenting Odisha under the “Purvodaya” vision.Majhi also invited Gujarat-based industries to expand operations in Odisha and partner in the state’s industrial growth journey.
Speaking to media on the sidelines of the event, the Chief Minister said the Odisha government has been actively reaching out to investors across the country to attract industries to the state.“To bring investors from across the country to Odisha, we are going to different places. Today, there was significant engagement with investors in Gujarat. In the coming days, numerous industries can be established in Odisha,” he said.The Chief Minister highlighted the role of the Utkarsh Odisha–Make in Odisha Conclave in shaping the state’s investment strategy and referred to Prime Minister Narendra Modi’s assurance to investors regarding Odisha’s industrial potential.“Over the past two years, MoUs have been signed for investments worth Rs 20 lakh crore,” he said.

#WATCH | Vadodara: Participating in the 'Odisha Investor Meet', Odisha CM Mohan Charan Majhi says, "... To bring investors from across the country to Odisha, we are going to different places. Today, there was significant engagement with investors in Gujarat. I have invited many… pic.twitter.com/QZQ2fslL47

— ANI (@ANI) May 7, 2026

Highlighting Odisha’s strengths, Majhi said the state offers abundant mineral resources, coastline connectivity, land availability, water resources, skilled labour, modern infrastructure, and port-led logistics support.He noted that Odisha is steadily transitioning from a resource-based economy into a value-added manufacturing and advanced industrial hub, while also emerging as a key centre for clean energy manufacturing and railway component production.The Odisha delegation to Gujarat included Industries Minister Sampad Chandra Swain, Chief Secretary Anu Garg, Additional Chief Secretary Hemant Sharma, and other senior officials.Reaffirming the state government’s commitment to investor facilitation, Majhi assured proactive support through Odisha’s GO-SWIFT single-window clearance system and dedicated handholding mechanisms for industries setting up operations in the state.

(State Correspondent)