Which companies are highlighted in Odisha's newly approved industrial projects, and what are their respective investments and job creation commitments?

The news highlights HCLTech, Tata Steel, and ACME Cleantech Solutions. HCLTech will invest 7.30 billion rupees to establish a global development centre for IT services, expected to generate 6,000 jobs. Tata Steel will invest 1.65 billion rupees in a railway siding for a dedicated rail freight facility, projected to create 250 jobs. ACME Cleantech Solutions will establish a 7.78-billion-rupee alkaline electrolyser manufacturing unit with an annual production capacity of up to 3 gigawatts (GW).

What is the total value and scope of the industrial projects approved by Odisha state, and how many jobs are expected to be created?

Odisha state approved 23 industrial projects worth 45.74 billion rupees ($475.29 million), spanning sectors including information technology, textiles, pharmaceuticals, and chemicals, and to be established across 11 districts; these projects are collectively expected to create 22,873 jobs.

India's Odisha State approves corporate investments worth $475 million

Jul 21, 2026

India's Odisha State approved 23 industrial projects worth $475 million, including pharmaceuticals and chemicals, with ACME Cleantech and Tata Steel investing to create over 22,000 jobs.

reuters

2026-07-21

India's Odisha State approves corporate investments worth $475 million

India's Odisha State approves corporate investments worth $475 million

FAQ