Memorandum of Cooperation signed with the ACME Group and IHI Corporation, to establish three projects in Odisha, involving an investment of approximately Rs 67,000 crore and creating around 7,600 employment opportunities

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Memorandum of Cooperation signed with the ACME Group and IHI Corporation

By Our Correspondent

BHUBANESWAR: Odisha Chief Minister Mohan Charan Majhi on Friday engaged in discussions with a Japanese business delegation at the Convention Centre, Lok Seva Bhawan, on investment opportunities in Odisha, with a special focus on the growth of the green economy.

On this occasion, a Memorandum of Cooperation (MoC) was signed with the ACME Group and IHI Corporation. The two companies have initiated plans to establish three projects in Odisha, involving an investment of approximately ₹67,000 crore and creating around 7,600 employment opportunities.

Under the visionary leadership of CM Majhi, Odisha has taken another decisive step towards becoming a global powerhouse in clean energy and sustainable industrialisation with the signing of the landmark Memorandum of Cooperation with IHI Corporation and ACME Group.

The proposed investment of ₹67,000 crore is expected to generate over 6,700 employment opportunities, drive green manufacturing, facilitate cutting-edge technology transfer, and further strengthen Odisha’s position as a preferred global destination for future-ready industries and clean energy investments.

Industry Minister Sampad Swain, Chief Secretary Anu Garg, Additional Chief Secretary Industry , Home and IPR Department Hemant Sharma, MD IPICOL and otthers were among those present.

 

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