The Odisha government on Monday approved five investment proposals worth Rs 60
The Odisha government on Monday approved five investment proposals worth Rs 608.79 crore in sectors like Metal, Food Processing, and Logistics & Infrastructure, which may generate employment for 1,496 people in the state.
In a meeting chaired by Chief Secretary Asit Kumar Tripathy, the investment proposals were approved at a State Level Single Window Clearance Authority (SLSWCA).
As per the Industrial Promotion and Investment Corporation of Odisha (IPICOL), the approved projects includes Metal Downstream sector, Iron Ore plant, Pellet Plant, among others.
According to the press release, “In a big boost to the State’s metal downstream sector, Reliable Sponge Pvt. Limited is looking at setting up an Iron ore beneficiation plant of 2.5 million tonnes per annum (MTPA) and Pellet Plant of 2.0 MTPA, with an investment of Rs 250 crore and providing employment to about 250 people.”
“Whereas Growel Feeds Pvt. Limited will be setting up a Shrimp/Prawn feed and fish feed manufacturing facility, with an…