Odisha Signs MoUs with UAE's IHC and Adani Group to Explore Rs 2.1 Lakh Crore Across 14 Projects

11 September 2026National

The Government of Odisha signed agreements with the UAE-based International Holding Company (IHC) and the Adani Group to explore 14 projects carrying an indicative investment of Rs 2,10,500 crore (Rs 2.1 lakh crore). The agreements were signed in the presence of Chief Minister Mohan Charan Majhi at the Odisha Investors' Meet - UAE 2026 in Abu Dhabi. The proposals include a Rs 50,000 crore AI Data Centre Hub, a Rs 40,000 crore coal-to-chemicals complex, a Rs 25,000 crore mineral processing chain and a Rs 25,000 crore renewable energy platform, besides shipbuilding, petrochemicals, rare earths, ports and healthcare. Odisha also signed a Memorandum of Cooperation with the Indian Business & Professional Group (IBPG).

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Odisha's capital is Bhubaneswar and Mohan Charan Majhi became its Chief Minister in June 2024 | Abu Dhabi is the capital of the United Arab Emirates, whose currency is the UAE Dirham | Odisha's flagship investor summit is the 'Utkarsh Odisha - Make in Odisha Conclave'

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