Odisha Secures ₹53,893 Crore of Investment Proposals at India Chem 2026, Including Chemical Projects by NLC, Solar Industries and JSW Dulux
Odisha secured investment proposals worth ₹53,893.51 crore, with an estimated 20,210 jobs, during a two-day outreach led by Chief Minister Mohan Charan Majhi at India Chem 2026 in Mumbai on 22–23 October 2026. India Chem, the 14th edition, was organised by the Department of Chemicals and Petrochemicals with FICCI at the Bombay Exhibition Centre.
The total is made up of nine MoUs worth ₹51,443.51 crore (17,560 jobs) and four investment intents worth ₹2,450 crore (2,650 jobs).
Chemical-sector proposals: • Paradeep Phosphates: ₹4,750 crore MoU (1,000 jobs). • NLC India: ₹2,000 crore MoU in chemicals (500 jobs), alongside a separate ₹34,763.51 crore MoU in power. • Alisha Torrent Closures: ₹530 crore MoU (250 jobs). • Solar Industries India: ₹500 crore MoU (910 jobs). • JSW Dulux: ₹850 crore investment intent (1,000 jobs).
Other proposals came from L&T (₹8,100 crore), Greenply Industries, Shivaraj Spinning Mills, Bodycare, Ellora PEB, Apar Industries and an agro-processing company. The state linked the investments to its Samruddh Odisha 2036 vision. Union Minister J.P. Nadda chaired a CEO roundtable during India Chem.
What it means for buyers and suppliers
MoUs and investment intents are commitments to invest, not projects under construction; timelines and sites still have to be announced. If built, they would add fertiliser, explosives, paint and packaging capacity in Odisha, on India's east coast, giving eastern buyers closer sources of supply.
Source: SME Street (26 October 2026), reporting the Government of Odisha's figures. Photo: Paradip port, Odisha's main port for bulk and chemical cargo (representative). Jnanaranjan sahu, CC BY-SA 4.0, via Wikimedia Commons.