Success Stories

  • Cargill Foods Indiax

    Cargill Foods India

    Cargill Foods India, a subsidiary of Cargill, USA, set up their edible oil refinery in Odisha in 2003 to produce edible oils for the Indian market. Cargill chose the port based city of Paradeep taking advantage of its connectivity to its markets in the hinterland. 

  • Indo Nissin Foods Limitedx

    Indo Nissin Foods Limited

    Established in 1989, Indo Nissin Foods Limited is a noodle manufacturing company. Indo Nissin’s facility in Khurda district of Odisha is one of the most modern and technologically advanced factories for production of instant noodles in India. 

    As per the company officials, “The main reasons of investing in Odisha are good infrastructure, skilled workmen, availability of land, water and electricity in abundance, and above all a helpful Government. Moreover, even the raw materials and packaging materials were available at a competitive price in and around Odisha”.

  • NALCOx

    NALCO

    National Aluminum Company Limited (NALCO) is one of India’s leading upstream operator in Aluminum operating a 460,000 TPA aluminum smelter, 2.3 million TPA alumina refinery and a bauxite mine of 6.8 million TPA in Odisha. NALCO is also expanding in a major way with additional units in refining and smelting.

  • SMS Groupx

    SMS Group

    SMS India Private Limited is a subsidiary of Germany based SMS Group GMBH. The company is an OEM manufacturer for steel plants and has to its credit companies such as Tata Steel, Jindal Steel and Power Limited, Vizag Steel Plant etc. as its clients.  Establishing the downstream industry, due to abundant availability of feedstock at competitive prices, in equipment manufacturing enabled the SMS Group to capture the growing business in the Indian Steel industry. 

  • IFFCOx

    IFFCO

    Indian Farmers Fertilizer Cooperative Limited (IFFCO) is the world's largest fertilizer cooperative federation based in India, with an annual turnover of USD 3.92 billion. 

    IFFCO Paradeep in Odisha is the world’s largest phosphatic fertilizer plant. IFFCO invested in Odisha due to plentiful mineral and natural resources of the State, which has built a strong industrial base. The investor-friendly and supportive administration has drawn IFFCO to Odisha to set up one of its largest plants.

  • Essar Steelx

    Essar Steel

    Essar is an Indian multinational corporation with annual revenues of USD 35 billion and investments in steel, energy, infrastructure and services. With operations in more than 29 countries, Essar Group employs over 60,000 people. 
    Essar steel set up its operations in Odisha with a 10.7 MTPA capacity (throughput based) iron ore Beneficiation Plant at Dabuna and a 6 MTPA capacity iron ore Pellet Plant at Paradeep. The company is envisaging an expansion to 24 MTPA for both the projects.

    The Company is also planning to establish a 6 MTPA Integrated Steel Plant at Paradeep. Availability of raw materials and a conducive ecosystem have triggered the Essar Group to commit large investments in Odisha.

  • Dhamra Port (Adani Group)x

    Dhamra Port (Adani Group)

    The Dhamra Port Company Limited (DPCL) is part of Adani Group, an Indian multinational conglomerate, with interest in diversified businesses including resources, logistics, agri-business and energy sectors. The Group is the largest port developer and operator in India.

    Taking advantage of the logistics potential of Odisha, the Adani Group has developed a deep draught, all weather, multi user port at Dhamra on a Public Private Partnership format with Government of Odisha.  The port, with an investment of approx. Rs. 10,000 crore (USD 1.57 billion) envisages 15 berths to handle over 100 million MT per annum of dry bulk, liquid bulk, break bulk, containerized and general cargo. 

  • Infosysx

    Infosys

    Infosys Limited, the bellwether of the Indian IT Industry has its own campus in an area 0f 46 acres employing 4,200 IT professionals. The campus is expanding the operations to employ additional 5,000 people. Availability of vast pool of quality manpower, modern infrastructure and industry friendly policies attracted Infosys to set up its operations in Bhubaneswar.

  • HINDALCO Industries Limitedx

    HINDALCO Industries Limited

    HINDALCO Industries limited is one of the largest integrated primary producers of aluminum in Asia. Its strong presence in Odisha dates back to over 50 years, with the establishment of the State’s first aluminum Smelter at Hirakud in 1959. The company has invested more than Rs.25,000 crore (USD 3.97 billion) in Odisha and is still continuing to invest for capacity augmentation in Alumina, Aluminium, backed by Bauxite and Coal Mining, and downstream rolling of high-end can-body stock. The company employs 13,000 people in Odisha.

    Hindalco says, “The reasons for investing in Odisha are the State's good infrastructure with well-connected road and rail networks, ports and power, abundant natural resources such as bauxite and coal. Strong and progressive institutional and industry support along with stable political regime and policy environment and conducive industrial climate are the key factors which induced additional investments in the State from HINDALCO.”

  • Britannia Industries Limitedx

    Britannia Industries Limited

    Britannia Industries Limited (BIL) is one of India’s leading food products company with a turnover of USD 1.1 billion. The company started its operations in Odisha in the year 2012 providing employment to 700 people. BIL plans to expand the existing facility and reasons that the proactive and supportive policies of the Government of Odisha and the incentives offered by the State Government have attracted the company to set up their unit in the State.  

  • GMRx

    GMR

    GMR Group, one of India’s leading infrastructure companies has set up 1,050 MW thermal power plant with an investment of over Rs 5,000 crore (USD 794 million) taking advantage of the abundant coal reserves in the State. It is one of the largest infrastructure investments in the State, generating employment to 2,000 persons.

Odisha in News

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    An interactive tool to provide customized information on investment opportunities, available incentives, required approvals for a sector of choice and guidance on doing business in Odisha.

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