Bhubaneswar: The Odisha government has approved 27 new industrial projects to the tune of Rs 6,134 crore across sectors, a senior official said Saturday.
The proposals got the state government’s nod at a meeting chaired by Chief Secretary PK Jena Friday.
The potential sectors include aluminium, renewable power, manufacturing, aerospace and defence, food processing, apparel and textiles and IT infrastructure, the official said.
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 Rs864 crore, while in renewable power, Odisha Hydro Power Corporation Ltd will come up with a Rs787.48-crore project in Kandhamal, officials said.
In the manufacturing space, Texmaco Rail & Engineering Ltd will initiate a 35,000-MT unit for Rs438.92 crore, and a combined investment of Rs709.13 crore is expected in IT infrastructure, they added.
PTI
