Odisha highlights its growing chemical and petrochemical sector at India Chem 2026, detailing coal gasification plans, a proposed large-scale chemical park, and meetings with over 20 major firms to attract investment and expand downstream manufacturing.
India
-Oneindia Staff
Bhubaneswar, October 21, 2026: Odisha will showcase its growing investment potential in the chemical and petrochemical sectors at India Chem 2026 in Mumbai, with Chief Minister Mohan Charan Majhi scheduled to attend the inaugural session and participate in a CEO Roundtable chaired by Union Minister J. P. Nadda. During his two-day visit, the Chief Minister is expected to engage with industry leaders, explore investment opportunities and highlight the state’s industrial strengths, including coal gasification projects and a proposed dedicated large-scale chemical industrial park. The state’s participation aims to strengthen Odisha’s position as an emerging destination for chemical and petrochemical manufacturing by promoting its industrial infrastructure, resource base and investment-friendly policies.
During the visit, the Chief Minister is scheduled to hold one-to-one meetings with representatives of more than 20 major companies from the chemical and petrochemical industries. Discussions will focus on potential investments, industrial expansion, downstream manufacturing and opportunities to establish new industrial ventures in Odisha. The event will provide a platform for the state to present investment-ready infrastructure, explore partnerships and engage with domestic and international industry stakeholders.
Odisha highlights its growing chemical and petrochemical sector at India Chem 2026, detailing coal gasification plans, a proposed large-scale chemical park, and meetings with over 20 major firms to attract investment and expand downstream manufacturing.
Coal Gasification and Chemical Industrial Park in Focus
A key highlight of Odisha’s participation will be a presentation on coal gasification, an emerging area of industrial opportunity for the state. The government may also announce a dedicated, large-scale chemical industrial park to strengthen the state’s industrial ecosystem and promote value addition across chemical, petrochemical, plastics and packaging industries.
The proposed park is expected to support integrated manufacturing activities, encourage ancillary businesses and create opportunities for investment across downstream industries. Odisha will participate alongside Rajasthan, Andhra Pradesh, Gujarat and Tamil Nadu at India Chem 2026, highlighting the growing role of states in shaping India’s chemical and petrochemical manufacturing landscape.
Odisha Reports ₹1.93 Lakh Crore in Proposed Sector Investments
Over the last two years, Odisha has focused on attracting investments, accelerating project implementation and creating employment opportunities. According to the state government’s figures, the chemical and petrochemical sector has attracted 56 companies, representing proposed investments of ₹1,93,087.94 crore and an employment potential of 1,12,324 people.
Of these, 27 projects have been grounded or inaugurated, accounting for investments of ₹60,825.34 crore and an employment potential of 35,351 people.
The state is seeking to build on its established strengths in mining and metallurgy to expand into higher-value chemical and petrochemical manufacturing. The strategy also aims to diversify Odisha’s industrial base, strengthen manufacturing value chains and encourage investment in allied sectors such as plastics and packaging. https://www.uniindia.com/east-india/business-investment-odisha-petrochemicals/220686
Jajpur Projects Add to Industrial Growth
Hemant Sharma, Additional Chief Secretary of the Industries, Home and Information & Public Relations Departments of the Odisha government, said India Chem 2026 would provide an opportunity to engage directly with leading companies and present the state’s investment potential.
He highlighted Odisha’s industrial infrastructure, progressive policies and resource advantages as key factors in building a competitive ecosystem for chemical and petrochemical industries. He also said the proposed industrial park and focus on coal gasification could open new avenues for investment, value addition and employment generation.
Referring to the recent groundbreaking and inauguration ceremony in Jajpur, Sharma said nine projects in the sector—comprising five inaugurations and four groundbreaking ceremonies—represented investments of ₹4,136 crore and were expected to generate employment for 1,508 people. These projects, he said, would contribute to strengthening the state’s industrial ecosystem, expanding manufacturing capabilities and creating jobs.
Odisha Seeks to Strengthen Its Position as an Investment Destination
While states such as Maharashtra and Gujarat have established themselves as major chemical and petrochemical hubs over several decades, Odisha is looking to leverage its resource base, industrial infrastructure and policy framework to expand its presence in the sector.
The state’s participation at India Chem 2026 is expected to strengthen engagement with major industry players and generate further interest in its investment opportunities. The government aims to translate investor interest into projects on the ground, expand employment opportunities and accelerate industrial development.
Through its participation, Odisha will seek to position itself as a preferred destination for chemical and petrochemical investments, while creating new opportunities in manufacturing, downstream industries and sustainable economic growth.
