<ul><li>The Odisha government has signed 13 MoUs including Indian Oil Corp.'s dual-feed naphtha cracker project and received 15 other proposals worth a total investment of Rs 1.03 lakh crore, which will create employment for over 95,000 people.</li><li>Among the 13 MoUs, the most significant one was the agreement between the state government and the Indian Oil Corp. for the establishment of a dual-feed naphtha cracker project. This agreement is expected to bring in investments of over Rs 58,042 crore generating employment for 24,000 people.</li><li>In addition to the MoU with Indian Oil Corp., agreements were also signed with the Indian Strategic Petroleum Reserves Ltd. and Petronet LNG, reinforcing Odisha's strategic role in India's petrochemical landscape.</li><li>The investment proposals and MoUs are expected to boost industrial activity, foster economic growth, and position Odisha as a hub for industry in the petrochemical and technology sectors.</li></ul>

Odisha Gets Investment Proposals Worth Rs 1 Lakh Crore

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