Hans News Service Bhubaneswar

Toattract fresh investments and project Odisha as an emerging industrial destination, Chief Minister Mohan Charan Majhi will lead the State’s investment outreach at India Chem 2026, scheduled to be held in Mumbai on October 22.

According to a statement released by the CMO, Majhi will participate in the inaugural session and the CEO Roundtable, which will be chaired by Union Chemicals and Fertilisers Minister J P Nadda, during his two-day visit to Mumbai. The visit will focus on attracting fresh investments and strengthening Odisha’s position as an emerging industrial destination in the chemical and petrochemical sectors. The State’s participation will highlight its industrial strengths, investment-ready infrastructure, progressive policies and growing ecosystem for chemical and petrochemical manufacturing. The programme will provide an important platform for Odisha to engage directly with industry leaders, present new investment opportunities and explore partnerships for the next phase of industrial growth, the official said.

During the visit, the Chief Minister is scheduled to hold one-to-one meetings with leading representatives of the chemical and petrochemical industries, with discussions planned with more than 20 major companies. These interactions will focus on potential investments, industrial expansion, downstream manufacturing and opportunities to establish new industrial ventures in Odisha.

A key highlight of the State’s participation will be a presentation on a coal gasification project, an emerging area of industrial opportunity for Odisha. The State government may also announce the establishmentof a dedicated, large-scale chemical industrial park as part of its efforts to strengthen the industrial ecosystem, promote value addition, and attract investments across the chemical, petrochemical, plastics, and packaging segments. The event will provide Odisha with an opportunity to demonstrate its capabilities and strengthen engagement with domestic and international industry stakeholders. Odisha is positioning itself as a leading investment destination in the chemical and petrochemical sector, leveraging its rich resource base, industrial infrastructure, and supportive policy framework. The State’s established strengths in mining and metallurgy provide a strong foundation for expanding into downstream chemical and petrochemical industries, promoting value addition, and attracting investments in higher-value manufacturing, the official said. The chemical and petrochemical sector is a priority area for Odisha as it seeks to diversify its industrial base, strengthen manufacturing value chains and attract investments in allied sectors, including plastics, packaging and other downstream products. In the chemical and petrochemical sector, Odisha has attracted 56 companies, representing proposed investments of Rs 1,93,087.94 crore and an employment potential of 1,12,324 people.

As part of its industrial development efforts, 27 projects in the sector have been grounded or inaugurated, representing investments of Rs 60,825.34 crore and an employment potential of 35,351 people. “Odisha has a strong industrial foundation, and we are now focused on expanding our presence in high-potential sectors such as chemicals and petrochemicals. Our participation at India Chem 2026 will provide an opportunity to engage directly with leading companies, present the State’s investment opportunities and explore partnerships for future growth,” said Additional Chief Secretary, Industries, Hemant Sharma.