By Our Correspondent
BHUBANESWAR: The 125th State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Pradeep Kumar Jena on Thursday approved Rungta Paints Private Limited’s Rs 991 Crore Investment Projects in Odisha Dhenkanal.
Rungta Paints Private Limited is newly formed company with Manish Mundra as Managing Director while Siddharth Rungta(also MD Rungta Sons Pvt Ltd and Rungta Mines Ltd) and Nitin Dattani as Director .
With this , Rungta Paints Private Limited amplifies its presence in Dhenkanal with a Manufacturing unit for Paints, Allied products & Intermediate. The Rs 991 Crore investment is poised to create 700 jobs in the Paint (Chemical) industry.
The SLSWCA gave nod to as many as 19 projects worth Rs 4,804.35 Crores, further strengthening the state’s position as an investment destination. In total, the projects approved at the 125th SLSWCA meeting represent a cumulative investment of INR 4,804.35 Crores, promising a potential employment generation of 17,553 jobs across diverse sectors.
With CM Naveen Patnaik’s leadership, Odisha is becoming a magnet for investors worldwide. Their commitment to sustainable and inclusive growth is setting a high standard for development. These projects will turn Odisha into an industrial powerhouse, creating jobs and prosperity.
