The Business Bytes

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 28, 2025 Odisha’s robust infrastructure and conducive industrial environment have positioned the state as a prime destination for investments in the Chemicals, Petrochemicals, and Plastics sectors. Deputy Chief Minister Pravati Parida lauded the collective efforts that have transformed Odisha into “Utkarsh Odisha,” a thriving hub for industrial growth. She highlighted the increasing interest from both domestic ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 28, 2025 Union Minister for Railways, Electronics & IT, and Information & Broadcasting, Ashwini Vaishnaw, highlighted Odisha’s pivotal role in India’s semiconductor future during the Utkarsh Odisha: Make in Odisha Conclave 2025. He applauded the success of India’s semiconductor mission and emphasized Odisha’s untapped potential, citing the state’s skilled youth as a key catalyst for technological ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 28, 2025 In a historic commitment, the Adani Group has signed a Memorandum of Understanding (MoU) with the Odisha government to invest an unprecedented Rs 2.3 lakh crore across multiple sectors within the next five years. The MoU was signed on Tuesday during the ‘Utkarsh Odisha-Make in Odisha Conclave’, which was inaugurated earlier in the day ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 28, 2025 Private steel behemoth Jindal Steel and Power (JSP) has announced an additional investment of Rs 70,000 crore in Odisha, aiming to drive the state’s industrial growth and enhance community welfare. The announcement was made by JSP Chairman Naveen Jindal during the Utkarsh Odisha Conclave – 2025, here on Tuesday. The high-profile event, graced by ...

THEBUSINESSBYTES BUREAU CUTTACK, JANUARY 28, 2025 The Dalmia Bharat Foundation (DBF), the CSR arm of Dalmia Cement (Bharat) Ltd (DCBL), hosted the prestigious “Prativa Samman Award 2024”, recognizing 15 high school toppers from villages near the Dalmia Cement – Kapilas Cement Works (KCW) plant. This annual initiative celebrates outstanding achievements not only in academics but also in sports, arts, and ...

THEBUSINESSBYTES BUREAU BHUBANESWAR/NEW DELHI, JANUARY 28, 2025 Vedanta Limited, a global leader in natural resources and technology, and a longstanding partner in Odisha’s development, has signed a Memorandum of Understanding (MoU) worth Rs. 1 lakh crore with the Government of Odisha to set up an alumina refinery and a smelter plant in Rayagada district. The agreement was inked on the ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 28, 2025 Prime Minister Narendra Modi inaugurated the two-day Utkarsh Odisha – Make in Odisha Conclave 2025 and the Make in Odisha Exhibition in Bhubaneswar on Tuesday, marking a significant milestone in the state’s development journey. In his address, PM Modi underlined the crucial role of eastern India, particularly Odisha, as a growth engine in India’s ...

As we approach the 2025-26 Union Budget, infrastructure expenditure remains the linchpin of India’s economic growth strategy. The allocation of Rs 11.1 lakh crore for infrastructure in the 2024-25 budget has laid a robust foundation, and the upcoming budget must accelerate momentum in key sectors such as railways, defence, power, and data centers. To maximize the potential of these investments, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 28, 2025 Jivada, an innovative Odisha-based startup incubated at the Institute of Life Sciences (ILS), is set to pre-launch its groundbreaking Ayurvedic beauty and personal care range at Utkarsh Odisha 2025. This revolutionary product line, inspired by the emerging field of neurocosmetics, marks a global first by seamlessly integrating ancient Ayurvedic wisdom with cutting-edge science and ...

THEBUSINESSBYTES BUREAU JHARSUGUDA, JANUARY 27, 2025 Vedanta Aluminium, India’s largest aluminium producer, celebrated the 76th Republic Day with enthusiasm and pride at its Vedanta Meadows township in Jharsuguda on Sunday. The event was a vibrant showcase of patriotism, cultural heritage, and the spirit of progress. The celebrations commenced with the ceremonial unfurling of the national flag by senior leaders, accompanied ...