Odisha Investor Meet In Hyderabad Draws Strong Industry Interest On Day One; Rs 38,700 Crore Investment Proposals Generated
The discussions covered pharmaceuticals, medical devices, green energy, textiles, food processing, engineering goods, automotive components, capital equipment manufacturing and allied segments, with a focus on exploring fresh investment opportunities as well as expansion of existing operations in Odisha.
Bhubaneswar/Hyderabad: The Odisha Investor Meet in Hyderabad witnessed robust industry engagement on the first day, with investment proposals worth Rs 38,700 crore being generated, signalling growing confidence in the state’s industrial ecosystem. Chief Minister Mohan Charan Majhi, on the opening day of his two-day visit on Wednesday, held extensive one-to-one interactions with senior leadership from major companies spanning a wide range of priority sectors.
The discussions covered pharmaceuticals, medical devices, green energy, textiles, food processing, engineering goods, automotive components, capital equipment manufacturing and allied segments, with a focus on exploring fresh investment opportunities as well as expansion of existing operations in Odisha. The roadshow aims to deepen industry partnerships and showcase the state’s expanding industrial capabilities to national and global investors.
As part of the engagement, 15 Government-to-Business (G2B) meetings were conducted with prominent companies, including Indorama Industries Ltd, Jindal Poly Films (rare earth processing), ABI Showatech Pvt Ltd (defence production), and Maruti in the metals and downstream sector, among others. These interactions resulted in investment intentions of aroundRs 19,500 crore, with an estimated employment potential of nearly 7,500 people.
Further reinforcing the momentum, seven Memoranda of Understanding (MoUs) were signed on the first day, involving proposed investments of about Rs 19,200 crore. These projects are expected to generate employment opportunities for approximately 12,700 persons across various sectors.
The engagements were held in the presence of industries and skill development & technical education minister Sampad Chandra Swain, along with senior state government officials. Officials said the strong industry response reflects growing trust in Odisha’s progressive policy framework, improving infrastructure, and sustained efforts to enhance ease of doing business.
A dedicated sectoral roundtable with pharmaceutical industry leaders was also organised, building on the momentum of the Odisha Pharma Summit 2025. The discussions highlighted the state’s recently notified Pharmaceutical Policy and the development of dedicated Pharmaceutical and Medical Devices Parks, aimed at strengthening Odisha’s manufacturing base.
Commenting on the interactions, Chief Minister Majhi said the enthusiastic response from industry underlined confidence in Odisha’s industrial direction. He emphasised that the state’s focus remains on long-term partnerships driven by policy clarity, responsive governance and a future-ready ecosystem that promotes innovation, employment and sustainable growth.