The projects will be implemented across 11 districts: Angul, Balasore, Cuttack, Dhenkanal, Ganjam, Jajpur, Keonjhar, Khordha, Koraput, Sambalpur and Sundargarh. The projects include one in the textile sector and a logistics park.
Shree Sidhi Vinayak Texcolours Pvt Ltd will set up a $11.85-million yarn dyeing and knitted fabric processing unit in Khordha district, whereas Vasanth Vihar Constructions (India) Pvt Ltd will construct a logistics park in the same district investing $15.91 million.
Chaired by state chief secretary Manoj Ahuja, the approved proposals are expected to generate more than 7,400 jobs.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!