Paradip Port to Drive ₹19,433-Crore Industrial Projects in Odisha Breakthrough

Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, has announced five major infrastructure projects in Odisha, funded by the Paradip Authority (PPA) and the Public-Private Partnership (PPP) model. These projects include a Multimodal Logistic Park, MMTPA COIT Terminal, MMTPA Iron Ore Pellet Plant, MMTPA POL Terminal, and Dhamra. The projects have an estimated employment generation potential of over 10,000 jobs. The PPA conducts Environmental Impact Assessment studies and coordinates with the State Government on land acquisition, utility shifting, and infrastructure development.

Paradip, one of India’s major deep-water ports located in Odisha, is set to become a pivotal hub for industrial growth with planned investments totaling ₹19,433 crore. These projects span multiple sectors including steel, petrochemicals, power generation, and logistics, positioning Paradip as a key driver of Odisha’s economic expansion and enhancing India’s eastern maritime infrastructure. Paradip strategic location along the Bay of Bengal makes it an essential gateway for trade and commerce in eastern India. The deep draft, modern facilities, and connectivity to rail and road networks enable it to efficiently handle bulk cargo like coal, iron ore, and petroleum products. With the planned industrial projects,

Paradip is expected to significantly increase its cargo throughput, boosting its operational capacity and revenue streams. (Paradip Port’s) strategic location along the Bay of Bengal makes it an essential gateway for trade and commerce in eastern India. The port’s deep draft, modern facilities, and connectivity to rail and road networks enable it to efficiently handle bulk cargo like coal, iron ore, and petroleum products. With the planned industrial projects, Paradip Port is expected to significantly increase its cargo throughput, boosting its operational capacity and revenue streams. The ₹19,433 crore investment package includes expansion and new projects across steel manufacturing, petrochemical complexes, power plants, and logistics infrastructure. The steel sector benefits from Odisha’s rich mineral reserves and proximity to Paradip.

Strategic Importance of Paradip Port

Facilitating raw material import and finished goods export. Petrochemical investments will leverage the import capabilities for crude and natural gas derivatives. Power projects aim to provide stable energy supply critical for industrial growth. The development of these projects is expected to generate thousands of direct and indirect jobs, uplifting local communities and stimulating ancillary industries such as transport, warehousing, and services. Odisha’s industrial GDP stands to receive a significant boost, enhancing the state’s overall economic profile. Additionally, improved infrastructure around Paradip will attract further investments, creating a virtuous cycle of growth (Industrial Projects).

The Odisha government has proactively facilitated these projects through investor-friendly policies, infrastructure development incentives, and streamlined approvals. Collaborations between public and private sectors aim to ensure timely completion and operational efficiency. Policy frameworks also emphasize sustainable development, incorporating environmental safeguards and community engagement. Looking ahead, Paradip transformation into an industrial powerhouse aligns with India’s broader vision of enhancing maritime trade and regional industrial clusters. As these projects progress, Paradip will not only serve domestic markets but also strengthen India’s export potential in Asia-Pacific trade corridors. Continued infrastructure upgrades and digitalization efforts will further cement its role as a logistics and industrial nucleus.