Pattali Makkal Katchi founder S Ramadoss has said that the textile mills in Tirupur are investing in Odisha as the Tamil Nadu government views them only as a source to make money. In a statement, he said that the state…
Jindal Stainless and a Japanese firm tie up to incubate agriculture technology start-ups in bhubaneswar and Gurugram
The country’s largest stainless steel maker Jindal Stainless Ltd will establish an incubation centre for agriculture technology (agri-tech) startups in collaboration with the Japanese company Future Venture Capital Company Ltd. “The co-working space for the incubation centre will be located…
Topaz Solar Power to set up 500 Mw unit in Odisha, will be the first solar panel manufacturing facility in the state
According to an article in Business Standard, Kolkata-based Topaz Solar Power proposes to set up a solar module manufacturing plant in Odisha with an annual capacity to produce 500 megawatts (Mw) of solar panels. This will be the first solar…
JSW Group wants to develop commercial port in Odisha
The Sajjan Jindal-controlled JSW Group is keen to set up a commercial port at the mouth of the Jatadhari, Odisha, and 13 km south of the Paradip port. The port project is proposed to be set up through JSW Infrastructure…
Tamil Nadu based Agrocrops Exim Limited, a leading groundnut exporter, setting up processing Unit in Odisha
Tamil Nadu based Agrocrops Exim Limited, a leading groundnut exporter, is currently expanding its processing capacity by setting up new processing units across producing states such as Gujarat, Rajasthan, Andhra Pradesh, Odisha, Tamil Nadu and Karnataka. After this expansion, the…
First Greenfield Ferrochrome plant of Tata Steel starts production in Odisha
Tata Steel on Tuesday announced that its Rs 542 crore ferrochrome greenfield plant at Gopalpur Industrial Park in Odisha has commenced production. “The recently-commissioned ferrochrome plant of Tata Steel at Gopalpur Industrial Park in Ganjam district of Odisha, has achieved…
Project Development Activities for Odisha Biotech Park to start this month
With the Bharat Biotech International Limited (BBIL) deciding to start its project development activities by March, chances of revival of biotechnology sector looks bright in the State. Consequently, the works for the much-touted Biotech Park project would gather steam. Chief…
Odisha registers a GSDP growth rate of 7.94% in 2016-17, better than national rate of 7.1
Odisha has registered a gross state domestic product (GSDP) growth rate of 7.94 per cent in 2016-17, overshooting the average national rate of 7.1 per cent, according to advance estimates in the Economic Survey. The state has recovered from its…
Oricon in interested in setting up Rs 100 crore facility for packaging products in Odisha
As per this report in Business Standard , Oricon Enterprises Ltd of Parijat Enterprises which is into marine logistics, packaging, petrochemicals and automobile dealership, will invest Rs 100 crores to build a manufacturing facility in Odisha for packaging products. The facility…
Neev Fund and others pour in Rs 66.5 Crore into Odisha based Startup Milk Mantra
Odisha-based dairy startup Milk Mantra Dairy has raised about $10 million (Rs 66.5 crore) in a fresh round of funding that has been led by State Bank of India-backed Neev Fund. Existing backers of the sevenyear-old company, which include…