The Business Bytes

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 30, 2025 Paradeep Phosphates Limited (PPL), a leading fertilizer manufacturer, has signed a Memorandum of Understanding (MoU) with the Government of Odisha to invest Rs. 4,000 crore over the next five years. This strategic initiative aims to enhance phosphatic fertilizer manufacturing capacity, integrate key raw materials, and develop infrastructure, including port and jetty facilities. The MoU ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 30, 2025 Ferro Alloys Corporation Ltd. (FACOR) made a powerful impression at the Utkarsh Odisha – Make in Odisha Conclave 2025, held from January 28 to 30 at Janata Maidan, Bhubaneswar. The prestigious event, aimed at showcasing Odisha’s potential as a global manufacturing powerhouse, provided FACOR with an ideal platform to highlight its industrial prowess and ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 29, 2025 Odisha Chief Minister Mohan Charan Majhi on Wednesday assured investors that his government will establish a dedicated mechanism to ensure the swift implementation of the Memorandums of Understanding (MoUs) and investment intents secured at the Utkarsh Odisha – Make in Odisha Conclave 2025. The two-day conclave witnessed the signing of 145 investment-related MoUs worth ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 29, 2025 Highlighting India’s remarkable strides in renewable energy, Union Minister for New and Renewable Energy, Pralhad Joshi, asserted that India is leading the global energy transition with unparalleled speed, scale, and scope. Speaking at the third India Energy Transition Conference organized by FICCI in New Delhi, the Minister underscored India’s ambitious goals and impressive ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 29, 2025 Odisha’s Deputy Chief Minister Kanak Vardhan Singh Deo on Wednesday explored the latest advancements in energy technology at the Energy Pavilion of Utkarsh Odisha – Make in Odisha Conclave 2025 here. The pavilion showcased Odisha’s impressive strides in smart energy solutions, renewable power, and digital innovations, reaffirming the state’s commitment to a sustainable and ...

The Utkarsh Odisha Conclave 2025, with its grand signing of 54 MoUs worth ₹5 lakh crore on Day 1, feels less like a business summit and more like a theatrical revival of Odisha’s ancient legacy as a global trade hub. Prime Minister Narendra Modi’s invocation of the Bali Yatra — a festival commemorating Odisha’s maritime glory with Southeast Asia — ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 29, 2025 The successful launch of the GSLV-F15/NVS-02 Mission from Sriharikota on Wednesday marks a historic milestone for the Indian Space Research Organisation (ISRO), as it completes its 100th mission. Union Minister of State for Space Dr. Jitendra Singh hailed the achievement as a “quantum leap” in India’s space journey, reflecting the nation’s accelerated progress ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 29, 2025 The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the launch of the National Critical Mineral Mission (NCMM) to secure and develop India’s critical mineral resources, vital for green technologies, high-tech industries, and defense. With an outlay of ₹34,300 crore over seven years, including ₹16,300 crore in expenditure and ₹18,000 ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 28, 2025 The Odisha government marked a momentous start to the ‘Utkarsh Odisha-Make in Odisha Conclave 2025’ by signing 54 Memorandums of Understanding (MoUs) with leading companies, securing an investment commitment of ₹4.5 lakh crore on the inaugural day. State Industries Department Additional Chief Secretary, Hemant Sharma, announced that the Adani Group emerged as the largest ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 28, 2025 Odisha Chief Minister Mohan Charan Majhi held a significant interaction with the chief executive officers (CEOs) of over 100 companies on Tuesday, emphasizing the state’s ambitions for industrialization and seeking their active cooperation. The session took place during the Utkarsh Odisha – Make in Odisha Conclave 2025, inaugurated earlier in the day by Prime ...