Odisha Eyes Big Wins: Massive Chemical and Petrochemical Push at India Chem 2026
CM Mohan Charan Majhi will meet top industry leaders at India Chem 2026 in Mumbai to attract chemical and petrochemical investments to Odisha.
Odisha is gearing up to make a significant splash in the industrial landscape as it prepares to showcase lucrative Odisha chemical petrochemical investments opportunities at the India Chem 2026 event in Mumbai. Chief Minister Mohan Charan Majhi is set to lead the state's delegation, with a packed schedule aimed at attracting fresh capital and forging strategic industrial partnerships.
High-Stakes Meetings in Mumbai
During his two-day visit to the financial capital, Chief Minister Mohan Charan Majhi will engage with representatives from over 20 major companies. These discussions are designed to secure new investments, encourage the expansion of existing industrial operations, and explore the potential for downstream manufacturing and entirely new ventures within the state.
The Chief Minister's itinerary includes participating in the inaugural session of the event and attending a high-profile CEO Roundtable. This roundtable will be chaired by J P Nadda, the Union Minister of Chemicals and Fertilizers, providing a critical platform for Odisha to align its goals with national industrial priorities.
The Blueprint for Growth: Industrial Parks and Coal Gasification
Odisha isn't just attending the event; it is coming with a concrete plan to transform its industrial identity. A major highlight of the state's presentation will be its focus on coal gasification projects, aiming to leverage its natural resources for higher value addition.
Furthermore, the state government is considering the announcement of a dedicated, large-scale chemical industrial park. This proposed hub is intended to be a magnet for investments in several key areas, including:
- Specialty Chemicals
- Petrochemicals
- Plastics
- Packaging materials
Hemant Sharma, Additional Chief Secretary for Industries, Home, and Information & Public Relations, emphasized that this strategic approach will open new avenues for employment generation and value addition, allowing the state to engage directly with global and domestic industry leaders.
Diversifying Beyond Mining and Metallurgy
For years, Odisha has been known as a powerhouse in mining and metallurgy. However, the state is now aggressively seeking to diversify its economic base. The push into the chemical and petrochemical sectors is a cornerstone of this diversification strategy.
The numbers suggest that this shift is already gaining momentum. Over the last two years, Odisha has successfully attracted 56 companies in the chemical and petrochemical space, with proposed investments totaling a staggering Rs 1,93,087.94 crore. This influx of interest is expected to create potential employment for approximately 1,12,324 people.
Real-World Progress: Grounded Projects
The state is not just relying on proposals. According to government data, 27 projects in this sector have already been grounded or inaugurated, representing an actual investment of Rs 60,825.34 crore and creating 35,351 jobs.
Jajpur has emerged as a particular hotspot for this activity. Out of 53 sector-specific projects, nine in Jajpur—consisting of five inaugurations and four groundbreaking ceremonies—account for an investment of Rs 4,136 crore, expected to provide jobs for 1,508 individuals.
Competing on the National Stage
Odisha will not be alone in its quest for investment. It will be sharing the stage at India Chem 2026 with other industrial heavyweights, including Gujarat, Tamil Nadu, Andhra Pradesh, and Rajasthan. By presenting a robust infrastructure and a clear vision for the future, Odisha aims to strengthen its standing as a premier destination for chemical manufacturing in India.