BHUBANESWAR, Feb 24: The Odisha government has approved 27 new industrial projects to the tune of Rs 6,134 crore across sectors, a senior official said on Saturday.
The proposals got the state government’s nod at a meeting chaired by Chief Secretary P K Jena on Friday.
The potential sectors include aluminium, renewable power, manufacturing, aerospace and defence, food processing, apparel and textiles and IT infrastructure, the official said.
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The proposed projects are likely to create employment for 42,275 people, Jena said.
In the aerospace and defence sector, Premier Explosives will set up a plant in Rayagada for an investment of Rs 864 crore, while in renewable power, Odisha Hydro Power Corporation Ltd will come up with a Rs 787.48-crore project in Kandhamal, officials said.
In the manufacturing space, Texmaco Rail & Engineering Ltd will initiate a 35,000-MT unit for Rs 438.92 crore, and a combined investment of Rs 709.13 crore is expected in IT infrastructure, they added. (PTI)
