Chose thy neighbour’s low costs for business expansion: Odisha’s pitch to Hyd investors

With low-cost land banks becoming a scare commodity for pharma and other sectors that need energy intensive operations, effluent treatment and access to newer markets, Odisha chief minister Mohan Charan Majhi is on his first time visit to Hyderabad to attract investors and drive growth as his state tries to renew efforts to join the race hotting up between Indian states.

Written by E Kumar Sharma

December 19, 2025 23:02 IST

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The aim of the investor meet is to attract investors in pharm and other sectors like agriculture, mining, minerals, technology, among other sectors. (IANS)

In an impassionate appeal to investors in Hyderabad to consider their next phase of growth and expansion in the neighbouring state, Odisha chief minister Mohan Charan Majhi urged them to leverage the low cost of operations, untapped land banks and Odisha’s eagerness to offer speedy clearances making it all an ideal package for business growth.

In Hyderabad on Friday, December 19^th as part of a two-day roadshow for investors organised by the Government of Odisha and with the Federation of Indian Chambers of Commerce and Industry (FICCI) the chief minister and his senior officials like Hemant Sharma and others have been meeting industries from across sectors albeit with specific pitch to pharma companies that may be on a look out for low costs and enough land bank to expand operations. Chief minister Majhi is accompanied by Sampad Chandra Swain, minister for Industries and Skill Development & Technical Education.

Objective of investor meeting

The aim of the investor meet is to attract investors in pharm and other sectors like agriculture, mining, minerals, technology and other sectors that are now giving a multi-sector advantage to Hyderabad, according to Sharma and other senior officials. The aim of the investor summit, they pointed out, was for the industries department to deepen industry partnerships and present the state’s expanding industrial capabilities to national and global investors.

During the first day of the visit, the Hon’ble Chief Minister held one-to-one interactions with senior leadership from leading companies across priority sectors including pharmaceuticals, medical devices, green energy, textiles, food processing, engineering goods, automotive components, and capital equipment manufacturing. According to a note shared by the Odisha government, the discussions focused on exploring new investment opportunities and expanding industrial presence in Odisha.

A total of 15 Government-to-Business (G2B) meetings were conducted, with participation from leading companies such as Indorama Industries Ltd, Jindal Poly Films (in the area of rare earth processing), ABI Showatech Pvt Ltd (defence production), Maruti (metals and downstream sector), among others.

Outcome of interactions

During these interactions, investment intentions amounting to approximately ₹19,500 crore, with an employment potential of around 7,500 persons, were received. Also, seven Memoranda of Understanding (MoUs) were signed involving investments worth ₹19,200 crore and generating employment opportunities for nearly 12,700 people.

A sectoral roundtable with pharmaceutical industry leaders was also organised and the state officials highlighted the impact of the state’s recently notified Pharmaceutical Policy and ongoing development of dedicated Pharmaceutical and Medical Devices Parks, aimed at strengthening Odisha’s manufacturing ecosystem.

This article was first uploaded on December nineteen, twenty twenty-five, at two minutes past eleven in the night.