Odisha is eyeing a significant push in port-led industrialisation with investments worth around Rs 1 lakh crore to accelerate the state’s growth trajectory under the Purvodaya vision and Viksit Odisha roadmap, Industries Minister Sampad Chandra Swain said on Friday.
Addressing a roadshow organised by Paradip Port ahead of the five-day Indian Maritime Week event to be held between October 27 and 31 at Mumbai, he said the government is focusing on leveraging the state’s long coastline and strategic location to attract large-scale investment across sectors linked to ports and maritime trade.“The state has three operational ports, including the Paradip Port, which handled the highest 154 million tonne of cargo last fiscal year. While MoUs of around Rs 10 lakh crore have been planned to be signed nationally during the Mumbai event, Paradip Port expects more than Rs 1 lakh crore investment, nearly one-tenth of the target,” he said.
The minister said the state government is building world class infrastructure and augmenting port’s capacity to drive the blue-economy. “We are prioritising the expansion of maritime manufacturing along with investments for several non-major and green fields ports, including Astaranga and Subarnarekha,” Swain said and assured that the Odisha government will support newly announced Bahuda Port and Kendrapada’s shipbuilding and ship repair initiatives.
The minister said the government is focusing on leveraging the state’s long coastline and strategic location to attract large-scale investment across sectors linked to ports and maritime trade, ahead of the five-day Indian Maritime Week event to be held at Mumbai as per the media reports.While investment agreements worth Rs 10 lakh crore are expected nationally during the Mumbai event, Odisha aims to secure around Rs 1 lakh crore, with Paradip at the centre of the plan.
To sustain this momentum, the government is expanding port infrastructure, building manufacturing capacity, and promoting new maritime hubs. Priority projects include greenfield ports at Astaranga, Subarnarekha, and Bahuda in Ganjam district, along with a shipbuilding and ship repair facility in Kendrapara.A major addition to the state’s maritime network will be the deep-sea port at Bahuda in Ganjam, planned with an investment of Rs 21,500 crore.
The project will be developed over approximately 5,000 acres and is designed to function as a satellite port of Paradip. Once completed, it is expected to handle 150 million tonnes of cargo annually, significantly increasing Odisha’s trade capacity.
The Bahuda facility will be the second port in Ganjam district after Gopalpur, further consolidating the state’s coastal assets. Authorities said the project will enhance connectivity, reduce logistical costs, and strengthen Odisha’s position as a maritime hub in eastern India.
In a parallel development, the Odisha Maritime Board and Paradip Port Authority have entered into an agreement to establish a large-scale shipbuilding cluster in Kendrapara with an investment of Rs 24,700 crore.The project will cover about 2,000 to 2,500 acres on the banks of the Mahanadi River and include one or more shipyards with a combined capacity of up to 1.2 million gross tonnage annually.
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