Odisha secures Rs 48,330 crore investment from Gujarat
August 31, 2026
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Home Bharat

Odisha secures Rs 48,330 crore investment from Gujarat; CM Mohan Charan Majhi pitches industrial growth vision

CM Mohan Charan Majhi returned from Gujarat with investment commitments of Rs 48,330 crore for Odisha, expected to create over 67,838 jobs. The deals were secured during roadshows in Ahmedabad, Mundra, and Vadodara under the “Purvodaya” and “Viksit Bharat 2047” vision, highlighting Odisha’s rise as an industrial hub and its strategic ports, Paradip, Dhamra, and Gopalpur, as global trade gateways

Dr Samanwaya NandaDr Samanwaya Nanda
May 8, 2026, 02:30 pm IST
inBharat, Gujarat, Odisha
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Odisha Chief Minister Mohan Charan Majhi at Investors' Meet at Vadodara

Odisha Chief Minister Mohan Charan Majhi at Investors' Meet at Vadodara

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Bhubaneswar: In a significant boost to Odisha’s industrialisation drive and long-term economic roadmap, Chief Minister Mohan Charan Majhi returned from Gujarat with investment commitments worth Rs 48,330 crore, expected to create more than 67,838 employment opportunities across diverse sectors in the state.

The major investment push came during the Odisha Investors’ Meet Roadshows held in Ahmedabad, Mundra and Vadodara, where the Odisha government showcased the state as a rapidly emerging industrial powerhouse of Eastern India under the broader vision of “Purvodaya” and “Viksit Bharat 2047.” The outreach received a strong response from industrial leaders, investors and institutional stakeholders from Gujarat, translating into a series of Memorandums of Understanding (MoUs) and investment proposals.

Addressing industry leaders during the Vadodara roadshow, Chief Minister Mohan Charan Majhi asserted that while Western India has played a key role in India’s industrial growth story, the time has now come for Eastern India to rise as a major economic force. “Western India has already led India’s industrial rise. Now, for Viksit Bharat, Eastern India must rise and Odisha is ready to lead that transformation,” he said. Emphasising the urgency and opportunity for investment, the Chief Minister added, “Yahi Samay Hai, Sahi Samay Hai.”
Projecting Odisha as the “Gateway to India’s Fastest Growing Trade Corridors,” the Chief Minister highlighted the strategic importance of the state’s coastline and port infrastructure. He said ports such as Paradip Port, Dhamra Port and Gopalpur Port are positioning Odisha as a crucial trade and logistics hub connecting Indian industries to East Asia, Southeast Asia and Indo-Pacific markets.

The Odisha Investors’ Meet in Vadodara witnessed participation from over 200 industry leaders and stakeholders, reflecting strong confidence in Odisha’s industrial growth story.
Glimpses from Day 3 of the Gujarat visit…#InvestInOdisha #FutureReadyOdisha #SamruddhaOdisha pic.twitter.com/b4lcaXMkR7

— Mohan Charan Majhi (@MohanMOdisha) May 7, 2026

The Gujarat outreach programme generated significant investor interest across a broad spectrum of sectors, including metal downstream industries, chemicals, pharmaceuticals, rare earth value addition, green energy equipment, infrastructure, logistics, food processing, apparel and textiles, IT and ITES, ESDM and semiconductors, lab-grown diamonds, plastics, tourism, aerospace and defence, capital goods and power.

According to official figures, the Odisha roadshow secured a total of 71 investment intents, including eight Memorandums of Understanding and 63 Investment Intention Forms, collectively accounting for proposed investments worth Rs 48,330 crore. The projects are expected to generate over 67,838 direct and indirect employment opportunities, providing a major boost to Odisha’s industrial and economic landscape.
The Odisha delegation to Gujarat was led by Chief Minister Mohan Charan Majhi and included Industries Minister Sampad Chandra Swain, Chief Secretary Anu Garg, Additional Chief Secretary Hemant Sharma and other senior government officials.

Hon’ble CM Shri @MohanMOdisha successfully concluded the Odisha Investors’ Meet in Ahmedabad, Mundra & Vadodara, reinforcing Odisha’s position as India’s next major investment destination.

Highlights:

✅ 8 MoUs signed & 63 investment intentions received
✅ Investment potential… pic.twitter.com/2xZfEYXF1j

— CMO Odisha (@CMO_Odisha) May 7, 2026

Highlighting Odisha’s industrial ecosystem, the Chief Minister said the state offers a strong combination of abundant raw materials, robust infrastructure, port-led logistics, policy stability and efficient project execution mechanisms. He noted that Odisha is steadily transforming from a resource-driven economy into a value-added manufacturing and advanced industrial hub capable of competing on the national and global stage.

Also Read: Ops Sindoor Anniversary: Revisiting India’s largest multi-domain military strike against terrorism in Pakistan

Majhi also underlined Odisha’s growing momentum in clean energy manufacturing, particularly in solar cells, solar modules, integrated green value chains and sustainable manufacturing ecosystems. He stated that Odisha is well-positioned to contribute significantly to India’s next phase of clean energy expansion and green industrial growth.

The Chief Minister further highlighted the state’s emergence as a railway manufacturing and engineering supply-chain hub, with expanding opportunities in fabrication, wheel and axle manufacturing, precision engineering and industrial component production.

The Odisha Investors’ Meet in Gujarat witnessed more than 132 high-level engagements, including one-on-one business-to-government meetings, four sector-specific roundtable discussions and two major investment promotion roadshows attended by over 700 participants. Officials said the detailed sectoral interactions enabled discussions on policy support, industrial partnerships, logistics advantages and investment facilitation measures.

Reaffirming the state government’s commitment towards investor-friendly governance, the Chief Minister assured industrial houses of proactive assistance through Odisha’s GO-SWIFT single-window clearance system and dedicated handholding mechanisms aimed at ensuring faster approvals and smooth project implementation.

Speaking during the roadshow, Industries Minister Sampad Chandra Swain said Odisha is steadily emerging as a natural industrial expansion hub for Eastern India. He highlighted the state’s strong infrastructure network, skilled workforce, stable industrial policies and clear development roadmap aimed at building a “Samruddha Odisha” by 2036 while contributing significantly to the national vision of “Viksit Bharat” by 2047.

The Odisha government stated that under the leadership of Chief Minister Mohan Charan Majhi, the state will continue to actively engage with industries across the country to translate investment intent into on-ground industrial development, employment generation and long-term economic growth.

Topics: Purvodaya VisionOdisha investmentsGujarat roadshowsOdisha portsViksit Bharat @2047Mohan Charan MajhiIndustrial Growth
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