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Odisha approves new Industrial Policy 2025 to attract Rs 5 lakh crore investment.

State News | Dated: 26 Nov 2025

The Odisha Cabinet, chaired by Chief Minister Mohan Charan Majhi, has approved the "New Industrial Policy 2025". The policy aims to transform Odisha into the industrial hub of Eastern India by attracting investments worth Rs 5 lakh crore over the next five years. It offers special incentives for green energy and IT sectors.

🎯 Key Highlights:

  • The policy focuses on diversifying beyond mining and metallurgy into sectors like food processing, chemicals, and textiles to create 5 lakh jobs.
  • It introduces a "Single Window Clearance" system with a guaranteed timeline for approvals to improve the Ease of Doing Business in the state.
  • Special land banks have been identified and developed with plug-and-play infrastructure to facilitate rapid setting up of industries.

💡 Other Important Facts:

  • Target: Rs 5 lakh crore investment.
  • Sectors: IT, Green Energy, Textiles.
  • Goal: Create 5 lakh jobs.

📚 Test Your Knowledge:

Which state approved the "New Industrial Policy 2025" to attract Rs 5 lakh crore investment?

Correct Answer: Odisha

🚀 Quick Recap:

About Odisha

  • Capital – Bhubaneswar
  • Governor – Raghubar Das