Odisha Draws ₹67,000 Cr Investment Intent at Hyderabad Meet

Bhubaneswar: The Odisha government has received investment intentions worth nearly ₹67,000 crore with an employment potential of around 56,000 jobs during the two-day Odisha Investors’ Meet held in Hyderabad, which concluded on Friday.

According to an official statement, 13 Memoranda of Understanding (MoUs) were signed at the meet, involving a total investment potential of ₹27,650 crore and expected to generate 15,905 jobs. In addition, investment intentions amounting to ₹39,131 crore were received, which could create over 40,000 employment opportunities.

Addressing industry leaders at the event, Chief Minister Mohan Charan Majhi said Odisha is ready to emerge as one of India’s growth engines. He described the Investors’ Meet as a platform to build long-term partnerships that convert investment intent into tangible outcomes on the ground. The Chief Minister emphasized that the state is positioning itself as a future-ready investment destination through policy stability, competitive costs, and a facilitative governance framework.

Highlighting the changing geography of India’s industrial growth, Majhi said Odisha is emerging as a key destination under the national vision of Purvodaya. He pointed to the state’s strong infrastructure, fiscal discipline, responsive governance, extensive coastline, port-led development, expanding industrial corridors, and multimodal connectivity, which together position Odisha as a natural gateway to both domestic and global markets.

“What businesses find crowded, expensive, and competitive elsewhere, they will find accessible, scalable, and facilitative in Odisha,” the Chief Minister said, adding that the government’s role is to ensure timely approvals and policy stability so investors can focus on expansion and growth.

The Investors’ Meet was organised to enable direct engagement with industry leaders, showcase Odisha’s diversified industrial ecosystem, and accelerate investment decisions across priority and emerging sectors. More than 500 delegates, including senior executives from leading companies, representatives of industry associations, and business chambers, participated in the two-day event. Industries Minister Sampad Chandra Swain and senior state government officials were also present.

The meet witnessed strong interest across both traditional and emerging sectors such as pharmaceuticals, medical devices, renewable energy equipment, textiles and technical textiles, electronics, IT and data centres, advanced manufacturing, and allied industries, reflecting Odisha’s growing appeal as a diversified and future-ready investment destination.

Industries Minister Sampad Chandra Swain said the strong response at the meet demonstrates industry confidence in Odisha’s policy framework and governance model. He added that the state remains committed to effective implementation, continuous engagement, and seamless facilitation for investors.