Odisha has attracted investment proposals worth ₹53,894 crore during a two-day outreach at India Chem 2026 in Mumbai, with the proposed projects estimated to have the potential to generate 20,210 jobs.
The investment commitments include nine memoranda of understanding worth ₹51,443.51 crore and four investment intents worth ₹2,450 crore.
The proposals came from companies across chemicals, energy and industrial sectors as Odisha sought to expand investment in manufacturing and related industries.
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NLC India Proposes ₹37,000 Crore Investment
NLC India submitted the largest proposal, amounting to ₹37,000 crore.
Larsen & Toubro proposed an investment of ₹8,100 crore, while Paradeep Phosphates proposed ₹4,750 crore.
Together, the three companies account for a substantial share of the total investment proposals received during the outreach.
The commitments form part of Odisha’s effort to attract large industrial projects and expand manufacturing capacity in the state.
Nine MoUs Account for ₹51,443.51 Crore
The investment package includes nine memoranda of understanding collectively valued at ₹51,443.51 crore.
Another four investment intents, together worth ₹2,450 crore, were also received during the programme.
The combined value of the proposals stands at ₹53,894 crore.
If implemented, the proposed projects are expected to create 20,210 employment opportunities.
Odisha Uses India Chem 2026 to Court Industrial Investment
The investment proposals were secured during Odisha’s participation in India Chem 2026 in Mumbai.
The state used the two-day outreach to engage companies interested in expanding operations and investing in industrial projects.
The proposals from NLC India, Larsen & Toubro, Paradeep Phosphates and other companies underline the scale of industrial interest generated during the event.
The final implementation of the projects will depend on the companies moving ahead with their respective investment plans and completing the required processes.
About the author — Suvedita Nath is a science student with a growing interest in cybercrime and digital safety. She writes on online activity, cyber threats, and technology-driven risks. Her work focuses on clarity, accuracy, and public awareness.
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