By Soumya Ranjan 
PM Modi’s confirmations have fundamentally helped investor trust in Odisha, says CM Mohan Charan Majhi
Bhubaneswar:The Utkarsh Odisha-Make in Odisha Meeting 2025, held in Bhubaneswar, has set an extraordinary benchmark by getting a stunning Rs 16.73 lakh crore in venture plans — far marvellous its underlying objective of Rs 5 lakh crore. With 595 recommendations crossing across 20 areas, the gathering has ended up being a reverberating achievement.
Addressing the media about the result of the milestone occasion, Boss Clergyman Mohan Charan Majhi communicated huge pride in the staggering cooperation and the monstrous speculation intrigues shown by worldwide and homegrown financial backers. He featured that 145 speculation related memoranda of figuring out (MoUs) were endorsed during the highest point.
“The Utkarsh Odisha-Make in Odisha Assembly 2025 has surpassed assumptions all around. We saw phenomenal investor cooperation, and the volume of venture recommendations has been surprising. Unmistakable industry icons from across the globe have focused on setting up new undertakings as well as extending their current tasks. The proposed ventures cover different areas like synthetic compounds and petrochemicals, materials, mining and metallurgy, environmentally friendly power, IT/ITeS, the travel industry, and food handling.”
The Chief Minister added that once the investment proposals come to fruition, they are expected to generate over 12.88 lakh employment opportunities, further boosting Odisha’s economy and industrial landscape.
The Rs 16.73 lakh crore in investment commitments made at the 2025 conclave sets a new record, surpassing the total investment proposals garnered in the previous three editions of the summit. In past conclaves, the Odisha government, under the leadership of former Chief Minister Naveen Patnaik, secured investment proposals of Rs 2.03 lakh crore in 2016, Rs 4.19 lakh crore in 2018, and Rs 10.5 lakh crore in 2022.
This year’s conclave also saw international partners such as Singapore, Malaysia, and Australia joining hands with the Odisha government to explore collaborative growth opportunities. Prime Minister Narendra Modi inaugurated the summit on Tuesday, offering a strong assurance to investors that they would see lucrative returns on their investments in Odisha.
A key highlight of the event was the announcement from the Adani Group, which pledged an impressive Rs 2.3 lakh crore in investments over the next five years. These funds will be directed across several sectors, including power, cement, industrial parks, aluminum, city gas, and port expansion. Karan Adani, the group’s representative, noted, “This commitment marks the largest investment proposal to emerge from the Utkarsh Odisha 2025 event, showcasing our confidence in the state’s potential.”
The culmination likewise saw Vedanta Restricted taking a striking action by marking a MoU to put Rs 1 lakh crore in Odisha. The organization’s venture will zero in on a 6 MTPA alumina treatment facility, a 3-MTPA green aluminum plant, and the improvement of an aluminum park in Rayagada region.
The JSW Gathering, drove by Sajjan Jindal, likewise committed to a huge responsibility by marking a MoU to lay out a 5 MTPA steel plant in Keonjhar, CM Majhi’s home region, with a speculation of Rs 35,000 crore. Jindal indicated the chance of teaming up with POSCO, one more central part keen on laying out a steel plant in Odisha, which could prompt critical collaborations between the two organizations.
As Odisha keeps on laying down a good foundation for itself as a worldwide modern center point, the Utkarsh Odisha Assembly has drawn in a developing number of both homegrown and global financial backers across a great many businesses. CM Mohan Charan Majhi lauded the occasion, calling it a demonstration of the state’s assurance to arise as a significant modern force to be reckoned with on the world stage.
In one more thrilling turn of events, Naveen Jindal, Administrator of Jindal Steel and Power (JSP), reported plans to redesign the organization’s current 6 MTPA steel plant in Angul to an exceptional 25 MTPA by 2030, with a speculation of Rs 70,000 crore. “One year from now, we will twofold our ability to 12 MTPA, and by 2030, we intend to reach 25.2 MTPA. This will make it the world’s biggest and greenest steel plant, situating us as worldwide forerunners in green steel creation,” Jindal made sense of. He likewise featured that JSP has previously put over Rs 1 lakh crore in the state, highlighting its obligation to Odisha’s development.
With these significant ventures, the Utkarsh Odisha-Make in Odisha Assembly 2025 has supported the state’s situation as a vital objective for modern speculation and improvement in India.