Odisha secures Rs 2.43 lakh crore investment proposals during UAE outreach
- Posted on September 12, 2026
- By Business News Today
- 3 Views
- 1 min read
In brief
Odisha has attracted substantial foreign direct investment following successful engagement with UAE stakeholders, securing over Rs 2.43 lakh crore in investment commitments. The strategic outreach initiative resulted in twenty-four memoranda of understanding across diverse sectors including liquefied natural gas infrastructure, renewable energy, and real estate development. These agreements are projected to generate approximately 6.18 lakh employment opportunities throughout the state, signaling significant economic growth and industrial expansion for the region.
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Odisha secures Rs 2.43 lakh crore investment proposals during UAE outreach
Odisha secured investment proposals exceeding Rs 2.43 lakh crore from the UAE. The outreach program yielded twenty-four MoUs and investment intents from various sectors. These proposed projects are expected to create over 6.18 lakh jobs in Odisha. Major companies signed MoUs for LNG storage, green energy, and housing projects. The initiative concluded with an investors' meet and engagement with the Odia diaspora.
