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Odisha's Investment Surge: How CM Majhi Secured Rs 19,500 Crore in Hyderabad

Odisha Chief Minister Mohan Charan Majhi is making big moves to attract business. His two-day investor meet in Hyderabad has already sparked massive interest from major companies. The state secured investment promises worth nearly twenty thousand crore rupees, which will create thousands of new jobs. This strong response shows growing confidence in Odisha's business-friendly policies and future-ready infrastructure.

Key Points: CM Majhi Secures Major Investments at Odisha Investor Meet in Hyderabad

  • Investment intentions worth Rs 19,500 crore with 7,500 job potential were received
  • Seven MoUs signed for Rs 19,200 crore, promising nearly 12,700 jobs
  • Focus sectors included pharma, green energy, textiles, and automotive components
  • Discussions highlighted Odisha's progressive policy framework and ease of doing business
2 min read

Odisha investor meet: CM Majhi engages industry leaders across key sectors in Hyderabad

Odisha CM Majhi's investor meet in Hyderabad yields Rs 19,500 crore in investment intentions and MoUs worth Rs 19,200 crore, boosting key sectors.

"The response from industry... clearly reflects the growing confidence in Odisha’s industrial direction. - CM Mohan Charan Majhi"

Bhubaneswar, Dec 18

Odisha Chief Minister Mohan Charan Majhi on Thursday held one-on-one interactions with senior officials of leading companies across priority sectors, including pharmaceuticals, medical devices, green energy, textiles, food processing, engineering goods, automotive components, and capital equipment manufacturing, on the first day of his two-day Odisha Investor Meet in Hyderabad of Telangana.

The two-day investment roadshow organised by the Odisha government is aimed at deepening industry partnerships and presenting the state’s expanding industrial capabilities to national and global investors.

The discussions held during the one-to-one interaction with industry leaders were focused on exploring new investment opportunities and expanding industrial presence in Odisha.

“During these interactions, investment intentions amounting to approximately Rs 19,500 crore, with an employment potential of around 7,500 persons, were received. Further strengthening these engagements, seven Memoranda of Understanding (MoUs) were signed today, involving investments worth Rs 19,200 crore and generating employment opportunities for nearly 12,700 people,” added the statement.

The state government sources also claimed that the strong industry response reflects growing confidence in Odisha’s progressive policy framework, robust infrastructure ecosystem, and sustained efforts to enhance ease of doing business.

A sectoral roundtable with pharmaceutical industry leaders was also organised, reflecting continued industry interest following the Odisha Pharma Summit 2025.

Discussions highlighted the impact of the state’s recently notified Pharmaceutical Policy and ongoing development of dedicated Pharmaceutical and Medical Devices Parks, aimed at strengthening Odisha’s manufacturing ecosystem.

Commenting on the investor interactions, CM Majhi said, “The response from industry during today’s engagements clearly reflects the growing confidence in Odisha’s industrial direction. Our focus is on building long-term partnerships through policy clarity, responsive governance, and a future-ready ecosystem that enables innovation, job creation, and sustainable growth. The roadshow provides an important platform to align industry aspirations with the state’s development priorities and to ensure that investment proposals translate into timely and meaningful outcomes.”

A mega roadshow, Odisha Investor Meet, is scheduled to be held on Friday in Hyderabad, where a larger investor conference will be held with participation from industry leaders, business associations, and institutional stakeholders.

- IANS

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Reader Comments

P
Priya S
Good to see the new CM hitting the ground running. Attracting investment to Hyderabad shows smart strategy. But the real test is on-ground execution. We've seen big MoUs signed before with delays in implementation. Hope this government ensures these projects actually get built.
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Rohit P
As someone from the textiles sector, I'm particularly interested in the focus on that and food processing. Odisha has raw materials and manpower. If the policy framework is as robust as they claim, it could be a win-win. Need to see the fine print of these MoUs though.
S
Sarah B
The emphasis on pharmaceuticals and medical devices is timely. Post-pandemic, diversifying the pharma manufacturing base away from traditional hubs is crucial for national security. Odisha's dedicated parks could be a game-changer if supported by good logistics.
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Vikram M
Employment for nearly 20,000 people? That's the headline for me. If these jobs materialize in engineering, automotive, and capital goods, it can stop the migration of skilled workers from Odisha to other states. Development should first benefit the people of the state.
K
Karthik V
Positive step, but hope the "sustainable growth" part isn't just jargon. New industries must respect Odisha's environment and tribal lands. We need growth, but not at any cost. The green energy focus is promising, but execution is key.

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