The High-Level Clearance Authority (HLCA) has cleared 12 significant industrial projects in Odisha worth more than Rs 84,918 crore in funding.

At its 33rd meeting, the HLCA gave its approval to the projects that are anticipated to create 42,281 new jobs across a range of industries.

These significant projects, which would require a total investment of Rs 84,918.75 crore, are aimed at the downstream chemical and petrochemical, steel, green hydrogen and green ammonia, apparel and textile, electricity & renewable energy, and green hydrogen and green ammonia industries.

The projects will come up across the state including Cuttack, Dhenkanal, Ganjam, Jajpur, Jharsuguda, Kendrapada, Malkangiri, Rayagada, Sambalpur and Sundargarh districts.

Making its foray into Odisha in a big way, Welspun Group has will invest in several sectors.

In apparel & textiles sector, Welspun Living Limited received the HLCA’s approval for its integrated textile and logistics facility at Choudwar in Cuttack with an investment of Rs 3,050 crore and employment potential of 20,210 people.