Odisha CM announces ₹46,000 crore investment plans for new port, shipbuilding project

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 X/@CMO_Odisha.

Odisha Chief Minister Mohan Charan Majhi participated successful the Boita Bandana festival organised connected the juncture of ‘Paradwip Port Day - 2025.’ Photo: X/@CMO_Odisha.

Odisha Chief Minister Mohan Charan Majhi connected Wednesday (November 5, 2025) announced plans to acceptable up a caller larboard astatine Bahuda successful Ganjam territory and a shipbuilding and repair centre astatine the Mahanadi stream rima adjacent Paradip with a full concern of implicit ₹46,000 crore.

CM Majhi made the announcement portion addressing a relation to people the instauration time of Paradip Port and the solemnisation of ‘Boita Bandana Utsav’ astatine the larboard town.

He besides spoke astir the State Government’s connection to found a world-class cruise terminal successful Puri.

The State Government and the Paradip Port Authority are jointly readying to conception a ample larboard astatine Bahuda successful Ganjam territory with an concern of ₹21,500 crore, helium said.

“Similarly, a shipbuilding and repair centre volition beryllium established astatine the rima of the Mahanadi adjacent Paradip astatine an concern of ₹24,700 crore, portion a world-class cruise terminal volition travel up successful Puri,” helium said, adding that these projects volition springiness a caller absorption to the cardinal sectors of trade, tourism, and manufacture of the State.

Highlighting the cardinal relation of Paradip Port successful the state’s economical growth, CM Majhi said the installation has been recognised arsenic the champion ample larboard successful India. The port’s cargo handling capacity, which was 71 cardinal tonnes successful 2015, volition beryllium enhanced to 150 cardinal tonnes by 2025, helium said.

Noting that the Paradip Port is the gateway to the advancement of modern Odisha, helium said it volition beryllium developed arsenic a mega installation with an yearly cargo handling capableness of 300 cardinal tons according to ‘Maritime India Vision 2030’ and up to 500 cardinal tons according to the ‘Developed India 2047’ plan.

The CM besides said a port-based system has developed successful Odisha successful coordination with the Central Government’s ‘Sagarmala, Gati Shakti, and National Logistics Policy’ scheme. The State Government is making efforts to acceptable up Coastal Economic Zones successful the maritime areas, helium said.

Later successful the day, the CM inaugurated Mayfair Hotels & Resorts successful Paradip, which features 140 rooms, 3 signature restaurants and 16,000 quadrate feet of lawsuit space.

While attending the Kalinga Bali Jatra festival successful Paradip connected Tuesday (November 4, 2025), CM Majhi announced that the larboard municipality volition person a greenfield airdrome and besides go a hub of greenish hydrogen.

“For the past 4 years, Paradip Port has continuously created caller records and surpassed the successes of the past 50 years. Due to betterment successful concern practices, accomplishment development, and dedication of employees, the larboard has earned the favoritism of becoming the No. 1 larboard of the country,” said Paradip Port Authority president P.L. Harandha.

Published - November 05, 2025 06:46 p.m. IST

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