SLSWCA (State Level Single Window Clearance Authority), on Friday, November 17, cleared eight industrial projects worth 1397.18 INR-Crore, further strengthening Odisha’s position as preferred investment capital. The approved projects involve sectors such as plastic, technical textile, steel downstream and aluminium.
The approved projects are:
- Sintex BAPL Ltd will set up its manufacturing unit for CPVC, UPVC, SWR, Agri pipes, PVC fittings, and plastic tanks, with an estimated investment of 479.47 INR-Crore. It will be developed in Sambalpur with an annual capacity of 37,520 tonnes.
- HIL India to set up a PVC and CPVC pipes manufacturing unit in Balasore at an estimated investment of 250 INR-Crore.
- Hindalco Industries to invest approximately 241.05 INR-Crore in a white-fused alumina manufacturing unit at Sambalpur.
- In the IT sector, Anuj Autograph Business Park will invest in an IT park at Khurda with a projected capital of 105.30 INR-Crore.
- Sandhu Tubes Pvt Ltd will set up its plant at Kalinganagar (Jajpur) at an approximate investment of 99.54 INR-Crore.
- KAI Steel Pvt Ltd to set up its plant at Sundargarh, with an approximate investment capital of 89.44 INR-Crore.
- GGL Chalet Pvt Ltd to set up a veneer, plyboard, particle board, and biomass pellet manufacturing unit at a projected investment of 70 INR-Crore. The unit will be developed in Koraput with an annual capacity of 10 lakh MTPA (metric tonnes per annum).
- Mega Flex Plastics Ltd will set up a manufacturing unit for plastic containers, leno bags, PP woven bags, PP woven fabrics, and corrugated boxes at a projected investment of 62.38 INR-Crore. It will be developed in Khurda with an annual capacity of 9,600 tonnes.
Also Read: Top Upcoming University Projects in India
Together, these projects are expected to generate 2,860 job opportunities in six districts and give a boost to the plastics, textiles, steel, and aluminium sectors.
Biltrax Construction Data is tracking 27,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights and gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.