Pre Project Stage Ports / Shipping Private Sector

Rs.1500 Million New Shipbuilding/Repair Facility in Balasore, Odisha

Investment
From 1000 Million to 4999 Million
Stage
Pre Project Stage
Location
Balasore, Odisha
Last updated
27 Apr 2026

Project summary

A new maritime facility is being established in Balasore, Odisha, with a ₹150 crore investment approved in April 2026. The project will focus on shipbuilding, vessel repair, and the construction of mechanized floating vessels. Expected to create 600 jobs, this initiative aims to strengthen regional maritime capabilities and coastal infrastructure by enhancing local manufacturing capacity.

Project details

SegmentPorts / Shipping
IndustryInfrastructure
Products & capacityShipbuilding/Repair Facility
DistrictBalasore
StateOdisha
InvestmentFrom 1000 Million to 4999 Million
Project typeNew
OwnershipPrivate Sector
StagePre Project Stage
Last updated27 Apr 2026
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