Odisha CM Unveils Plans for Exclusive Industrial Park for Women and Special Cell in IPICOL at Global Conclave

By: WE Staff | Thursday, 30 January 2025

• CM Majhi announced an industrial park for women and a Special Cell in IPICOL to support women-led businesses.
• Odisha exceeded its Rs 5 lakh crore investment target, with 54 MoUs signed and Rs 4.5 lakh crore in proposals.
• Tata Steel and Adani Group committed major investments in Odisha's industrial growth.

Odisha CM Mohan Charan Majhi announced plans to establish an exclusive industrial park for women and a Special Cell in IPICOL. He joined the Women's Business Leaders Round Table at the Utkarsa Odisha-Make-In-Odisha Conclave-2025, focused on promoting women's empowerment in the state.

CM Majhi announced plans to establish an exclusive industrial park for women and a Special Cell in IPICOL to support and provide opportunities for women-led businesses in the state.

Odisha hosted the Utkarsh Odisha - Make in Odisha Conclave 2025 in Bhubaneswar, aiming to position the state as a key part of the Purvodaya vision and a leading investment destination and industrial hub in India.

Speaking to reporters on the sidelines of the global summit, CM Majhi stated that Odisha is set to become a major industrial hub, noting that the state has received investment proposals three times higher than its initial expectations.

As of January 28, Odisha anticipated Rs 5 lakh crores in investments, but actual proposals exceeded this threefold. The two-day event, inaugurated by PM Modi, serves as a platform for industry leaders, investors, and policymakers to explore Odisha's investment opportunities.

The conclave will feature CEOs' roundtables, sectoral sessions, B2B meetings, and policy discussions, engaging global investors. CM Majhi stated on social media that the 'Utkarsh Odisha Summit-2025' is transforming Odisha into India’s industrial hub. On the first day, 54 MoUs were signed, with investment proposals worth Rs 4.5 lakh crore.

Tata Steel plans to expand the capacity of its three existing plants—Neelachal Ispat Nigam, Kalinganagar, and Bhushan—according to the company’s global CEO and Managing Director, T. V. Narendran.

Adani Group has committed Rs 2.3 lakh crore in investments across power, cement, aluminum, and more in Odisha over the next five years. Karan Adani, MD of Adani Ports, met CM Mohan Charan Majhi and signed an MoU for these investments.