Bhubaneswar, Jan 29: The Odisha government has signed 145 MoUs with various companies which have proposed to invest Rs 12.89 lakh core which would generate employment for 8.94 lakh people.
As the two-day business summit, 'Utkarsh Odisha, Make in Odisha Conclave, 2025', came to an end on Wednesday, Chief Minister Mohan Charan Majhi said, “A total of 145 Memorandums of Understanding (MoUs) were signed in this summit. Through these MoUs, agreements have been made for investments worth Rs 12.89 lakh crore.”
The conclave received an overwhelming response, with a total of 145 investment-related Memorandums of Understanding (MoUs) were signed, paving the way for transformative industrial projects and partnerships in Odisha, the CM said.
MoUs worth ₹12.89 Lakh Crore of investment received across various sectors such as chemicals & petrochemicals, textiles, mining and metallurgy, renewable energy, IT/ITeS, tourism, and food processing.
These investments are expected to generate over 8.94 Lakh job opportunities, creating a significant socio-economic impact and ensuring inclusive growth across the state, he added.
Apart from the MoUs signed, 448 no. of investment intention forms with an investment value of ₹3.84 lakh crore were received with an employment potential of 3.92 Lakh jobs.
The Utkarsh Odisha Conclave have been a huge success with the state receiving a total of 593 projects with an investment of ₹16.73 lakh crore and employment potential of 12.88 Lakh across over 20 sectors.
The conclave attracted delegates from over 16 countries, including representatives from the Partner Countries – Singapore, Malaysia, and Australia – further strengthening Odisha’s position as a global investment destination.
