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10,000 jobs! Odisha govt clears Rs 4,510 crore worth of investment projects
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.
cityfalcon.com·18d ago
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Consumer giants boost legal teams
Why Little & Co is betting that longevity beats disruption in India’s legal marketMumbai: Major consumer companies are rushing to fill leadership roles in their legal departments as stricter regulations and new labour rules add complexity to their operations, industry executives said.Legal leadership is changing fast in the country's consumer sector and globally. Digitisation, fierce competition, and shifting regulations are reshaping the role. Also, as businesses grow, mergers, acquisitions, and fundraising have become common, driving demand for leadership hiring, said search firm executives.AB InBev's local subsidiary, the maker of Budweiser beer, appointed Rima Bharadwaj as legal director in January. In the same month, Pidilite Industries, owner of the adhesive brand Fevicol, named Ami Parikh president and general counsel to oversee legal, regulatory, governance and compliance functions across the group.Read more: FMCG companies weigh shrinking pack sizes, hiking prices to absorb crude shock"Companies want legal leaders who combine sharp legal judgement with business sense, strong stakeholder management and the ability to stay calm in ambiguity," said Vani Jain, vice president at the corporate practice group at executive search firm Vahura. "The mandate is clear: simplify complexity, manage risk early and help the business grow with confidence."Philip Morris International recently hired Joyjyoti Misra as general counsel in November.
cityfalcon.com·20d ago
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India Inc favours stability & reforms over Budget 2026 splurge
Budget 2026: In the face of global instability, industry leaders and economists are calling on the government to maintain its reform agenda and enhance the ease of doing business. Their aim is to stimulate demand and foster innovation within the country. These sentiments were shared by prominent figures including Habil Khorakiwala, chairman of Wockhardt Group; Anish Shah, group CEO and MD of Mahindra Group; Neelkanth Mishra, chief economist at Axis Bank and a member of the Prime Minister’s Economic Advisory Council; Vivek Prasad, chief commercial officer at PwC; Sudhanshu Vats, MD of Pidilite Industries; and Anubhuti Sahay, head of India economics research at Standard Chartered Bank.
cityfalcon.com·3mo ago
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Adhesives manufacturing unit to come up in Rajpura
Pidilite Industries will invest Rs 300 crore in Punjab to build a facility in Rajpura. It will focus on water-based adhesives and waterproofing products with a 200,000 MT annual capacity and create around 300 jobs. Commercial production is planned by December 2027.
cityfalcon.com·3mo ago
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‘Pidilite Industries Ltd to set up adhesives & waterproofing manufacturing facility in Punjab’
Chandigarh: Punjab Cabinet minister Sanjeev Arora on Wednesday announced that Pidilite Industries Limited, a market leader in adhesives and construction chemicals, will set up a new manufacturing...
cityfalcon.com·3mo ago
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