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Odisha government clears 18 projects worth Rs 3,877 crore; over 7,500 jobs ahead
The Odisha government has approved 18 new industrial and infrastructure projects worth Rs 3,877.14 crore, expected to generate 7,565 employment opportunities across 11 districts. The proposals were cleared at the 146th meeting of the State-Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Anu Garg . The projects will be implemented across Balasore, Deogarh, Ganjam, Jajpur, Jharsuguda, Keonjhar, Khordha, Koraput, Puri, Sambalpur and Sundargarh, spanning sectors such as metals, chemicals, healthcare, electronics, logistics and hospitality. Industrial Push Gathers Pace Among the key proposals, Runaya Eckart Aluminium Powders Private Limited will set up an aluminium downstream facility in Jharsuguda with an investment of Rs 300 crore. Expansion plans by Scan Steels Limited, Jay Jagannath Steel and Power Limited and SS Alufoils International Limited across Sundargarh, Sambalpur and Jajpur will see a combined investment of over Rs 1,514.8 crore and generate more than 2,250 jobs.
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Odisha govt clears 18 investment proposals worth Rs 3,877 crore
Bhubaneswar: Odisha government Tuesday approved 18 investment proposals worth Rs 3,877 crore, which would generate employment for 7,565 people, an official said. The projects got the state government’s nod at the meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Anu Garg, the official said. These projects would be established across 11 districts, including Balasore, Deogarh, Ganjam, Jajpur, Jharsuguda, Keonjhar, Khurda, Koraput, Puri, Sambalpur, and Sundergarh. The approved projects were in a diversified industrial ecosystem spanning advanced manufacturing, green industries, infrastructure, healthcare, and tourism-while ensuring large-scale employment generation across regions. Of the 18 new projects, one Solar Industries India Limited has proposed to set up a defence-grade explosive products at Deogarh at an investment of Rs 210 crore, where 910 people will get employment. The new projects also include star hotels in Sambalpur, Khurda, Keonjhar, Puri, and Koraput districts under the tourism sector.
cityfalcon.com
India: Defence tech firm Tsecond.ai raises $21.5m led by MSN Holdings
MSN Holdings is the family office of Manish Nuwal, Managing Director of Solar Industries India.
cityfalcon.com
"Matter of pride": Solar Group Chairman Satyanarayan Nuwal on receiving Padma Shri
Nagpur (Maharashtra) [India], January 26 (ANI): Satyanarayan Nuwal, the founder and chairman of Solar Industries India Limited, has been conferred with Padma Shri for his contribution to Trade and Industry. His company manufactures defence products, including the 'Nagastra,' India's first indigenous loitering munition, used in Operation Sindoor. The company also produces Pinaka rockets, Rudrastra drones,
cityfalcon.com
Solar Industries’ Stock Slips Following A Blast At Its Nagpur Facility
The company reported that an explosion took place during the crystallization process of an energetic material
Stocktwits
Solar’s Defense Play Is Paying Off But Valuations Raise Concerns, Says SEBI RA
The analyst highlighted Solar Industries’ growing international footprint and strong FY26 guidance, but cautioned that risks like customer concentration and geopolitical exposure could weigh on execution.
Stocktwits
Indian billionaires buck market trends, post strong gains in first half of 2025
Satyanarayan Nuwal of Solar Industries India tops Bloomberg Billionaire Index
cityfalcon.com
Which Breakout Stocks Should Investors Watch Now? SEBI RA Sameer Pande Highlights 4 Picks
The analyst identified key support, target, and stop-loss levels for four stocks with strong breakout potential and clear technical momentum.
Stocktwits
Indian defense stocks rise by $5 billion amid tensions with Pakistan Bloomberg
According to the news agency, the market value of India's 10 leading arms manufacturers, including Hindustan Aeronautics and Solar Industries India, has increased by more than 5%
cityfalcon.com

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