The Odisha government has approved 23 new industrial projects with a combined investment of about Rs 4,510 crore, a move expected to generate more than 10,000 employment opportunities across the state. The approvals were granted during the 145th meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Anu Garg. The projects are part of the state’s push to accelerate industrialisation and strengthen its role in the Centre’s Purvodaya vision aimed at boosting economic growth in eastern India. According to officials, the projects will create around 10,122 jobs and will be implemented across 11 districts, including Balasore, Bolangir, Cuttack , Jagatsinghpur, Kalahandi, Keonjhar, Khordha, Koraput, Puri, Sambalpur and Sundargarh. The approved investments span multiple sectors such as wood-based industries, chemicals, apparel and textiles, pharmaceuticals, medical devices, aluminium and steel downstream industries, electrical equipment, food processing, IT and tourism.

Q3 2026 Century Plyboards (India) Ltd Earnings Call Transcript

Century Plyboards' net profit saw a growth of over 10 percent in the quarter ending December 31, 2025. Looking ahead, the company is set to significantly expand its manufacturing capabilities. Major investments are planned for both plywood and MDF production. These expansions are expected to be completed by 2029.

The Odisha government has announced a major revamp of the Mission Shakti programme, aimed at further empowering women across the state. Deputy Chief Minister Pravati Parida on Monday informed that Mission Shakti will be given a new identity, including a change in the dress code for its members. According to the Deputy Chief Minister , the new dress code will come into effect from Utkal Divas , marking a fresh beginning for the flagship women empowerment initiative. The move is expected to bring greater uniformity, recognition, and a renewed sense of pride among Mission Shakti members. In another significant announcement, Pravati Parida said that Mission Shakti women will be provided with smartphones along with official ID cards. The initiative aims to strengthen digital connectivity, ease of communication, and access to government services for women associated with Mission Shakti groups. Also Read: Century Plyboards eyes Odisha for new manufacturing unit The smartphones are expected to help women in financial transactions, digital payments, accessing welfare schemes, and promoting self-help group activities more effectively.

Chief Minister Mohan Charan Majhi on Sunday announced that textile mills will be set up in cotton-producing regions of Odisha , with special focus on western districts where large volumes of cotton are cultivated. The Chief Minister made the statement during his visit to Sonepur. Addressing a press conference, CM Mohan Majhi outlined key provisions of the state budget and spoke about new schemes and development projects. Responding to media queries, he assured that districts with high cotton production would be prioritised for textile-based industrial development. Large quantities of cotton, amounting to lakhs of quintals, are produced annually in districts such as Bolangir , Sonepur and Kalahandi . However, due to the absence of textile mills, cotton from these regions is currently transported to other states for processing, a long-standing issue raised by farmers and local stakeholders. Emphasising the government’s focus on industrialisation, the Chief Minister said textiles are among the 16 priority sectors identified for development. “We are focusing on 16 sectors, including textiles.

Kolkata-based interior infrastructure materials manufacturer Century Plyboards (India) Pvt Ltd is exploring Odisha as a potential location for setting up a new manufacturing unit, reflecting growing investor confidence in the state’s industrial ecosystem. The proposed facility is expected to strengthen the company’s footprint in eastern India, which has emerged as one of its key markets in recent years. Meeting With Odisha Chief Minister The development follows a recent meeting between Century Plyboards Executive Director Keshav Bhajanka and Odisha Chief Minister Mohan Charan Majhi in Kolkata . The Chief Minister was in the city earlier this month as part of the state government’s investment outreach initiatives. Senior executives and managing directors of the company were also present during the interaction. Sharing details of the meeting, Bhajanka said discussions focused on the future growth of the wood panel industry and Odisha ’s rising importance as a manufacturing hub. He described the interaction as productive and noted that the state offers significant potential for industrial expansion.

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India’s building products sector is stabilizing with stronger consumption, healthier pipelines, lower input volatility, and rising premiumization. Demand across wood panels, sanitaryware, tiles, and paints is improving as real estate, renovation cycles, and distribution networks strengthen, supporting a more sustained medium-term upcycle.

Century Plyboards anticipates robust growth, maintaining its full-year guidance despite a soft market. The company reported a strong first quarter and is expanding capacity with new particle board and plywood plants. Focusing on PVC boards and exports, Century Ply aims for significant revenue growth and a zero-debt position by FY27, championing sustainable agro-forestry practices.