Odisha govt approves 2 investment proposals worth Rs 563 crore

Bhubaneswar, Feb 29 () The Odisha government hasapproved two investment proposals worth Rs 563 crore whichwill create employment for 1,273 people, officials said.

The project proposals got the nod of the stategovernment at the State Level Single Window ClearanceAuthority (SLSWCA) meeting chaired by chief secretary A KTripathy on Friday, they said.

The approved project included a proposal of GlenIndustries Private Limited which planned to set up plasticfood containers and moulded paper products manufacturing unitwith an annual capacity of 9261 MT. The company will invest Rs63 crore which will provide employment to about 273 people.

The SLSWCA also approved the proposal of JindalAluminum Limited to set up an expansion for setting up 75,000MT per annum aluminium extrusions plant with an additionalinvestment of Rs 500 crore and it will provide employmentopportunities for 1,000 people. AAMRG RG