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Odisha govt approves seven key projects worth Rs 80,125 crore investment

Infrastructure  -  Mar 07,2024  - 

The Odisha government has approved seven key projects with an investment of Rs 80,125 crore in different sectors.

The projects received the state government's nod at a High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister Naveen Patnaik.

These investments are expected to create job opportunities for 24,552 people in various sectors, including steel, green energy, pharmaceuticals, and chemicals, the official said.

These projects are spread over Khurda, Jagatsinghpur, Jharsuguda, Ganjam, and Bhadrak districts, he said.

Granules Life Sciences Private Limited, a leading producer of paracetamol in India, has proposed to set up its pharmaceutical unit at Tata SEZ, Gopalpur in Ganjam district.

The company aims to produce 4 billion units of paracetamol, metformin, ibuprofen and other pharma products, for which it will pump in Rs 1,100 crore in the Ganjam plant, generating jobs for around 1,500 people.

 

Company : Granules Life Sciences Private Limited