Odisha approves Rs 500 crore lab-grown diamond unit in Khordha
Bhubaneswar, June 7 -- The Odisha government on Saturday approved investment proposals worth Rs 3,793.33 crore across 24 projects spanning 14 districts.
The proposals were cleared by the State-Level Single Window Clearance Authority (SLSWCA) chaired by Chief Secretary Anu Garg, as reported by The New Indian Express.
Among the major approvals is a Rs 500 crore lab-grown diamond manufacturing facility by AVP Star Private Limited in Khordha. The project is expected to generate 500 jobs and marks the second lab-grown diamond and jewellery manufacturing unit approved in the district. In 2023, the state had cleared a similar project by Nuvo Aeon Diamond and Jewellery Manufacturing LLP with an investment of Rs 256.50 crore.
The largest employ...
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