Avaada commits ₹20K cr investment in Odisha
The Morning Standard|October 20, 2024
AVAADA Group, a leading green energy solution provider, on Saturday made a commitment to make a fresh investment of ₹20,000 crore in Odisha.
Avaada commits ₹20K cr investment in Odisha

Chairman of the Mumbai-headquartered company Vineet Mittal made the announcement during his meeting with Chief Minister Mohan Charan Majhi on the second day of the state government's roadshow for Utkarsh Odisha: Make-in-Odisha Conclave 2025 to be held in Bhubaneswar in January next year. The investment would be made in the sustainable energy sector.

“Avada Group is proud to commit ₹20,000 crore to invest in Odisha...this meeting reaffirmed the state's immense potential. What truly touched me was CM Saab's humility and visionary approach. He and his leadership team is not just focused on industrial growth, their heart lies in creating real opportunities for the people of Odisha,” Mittal said in a social media post after the meeting.

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