Odisha approves investment of Rs 3,353 crore in various sectors
In tourism, ITC Limited will expand its five-star hotel ‘Welcomhotels’ in Bhubaneswar with a Rs 119.14 crore investment, providing an additional 240 jobs.
Additional tourism-related projects by SJ JRG Ventures LLP and Crackers India Infrastructures Ltd (LYFE Group of Hotels) will bring new hospitality facilities to Puri and Koraput, totaling Rs 154 crore in investments and creating 380 jobs.
In pharmaceuticals, Infunex Healthcare Private Limited will establish a second unit for manufacturing intravenous fluids in Cuttack, with an investment of Rs 59.43 crore, creating 182 additional jobs.
In cement, Ultra Tech Cement Ltd. will expand its cement grinding unit in Cuttack, increasing its capacity from 3 MTPA to 6 MTPA. This Rs 372 crore expansion will create 581 jobs and contribute to the state’s infrastructure development, officials said.