The Odisha government has sanctioned a special incentive package for JSW Group's electric vehicle and component manufacturing projects.
The new project will be set up in Naraj, Cuttack and Paradip. It will have a combined investment of Rs 40,000 crore, according to CMO Odisha's official account on X, formerly known as Twitter.
The project will help to generate over 11,000 employment opportunities and create a new era of industrial growth in the state, the social media post said.
In a major boost to #MakeInOdisha, the #OdishaCabinet has approved a special incentive package for JSW Group's #ElectricVehicle and component manufacturing projects in Naraj, Cuttack and Paradip. These projects, with a combined investment of â¹40,000 Cr and employment potential⦠pic.twitter.com/4sM7PWDhD6