Bhubaneswar: Odisha Industrial Infrastructure Development Corporation (Idco) has initiated steps to develop two new industrial parks in Cuttack and Rayagada districts under Centre’s Bharat Audyogik Vikas Yojana (Bhavya), a flagship scheme aimed at creating world-class manufacturing hubs across the country. Idco has floated a tender for the preparation of detailed project reports for the proposed parks at Mundali-Nuagaon in Cuttack and Banapur-Bijabanga near Murtiguda in Rayagada.The projects are expected to bring over 860 acres into the state’s industrial development pipeline.Officials said the proposed parks are being envisioned as modern industrial ecosystems capable of attracting investment, generating employment and strengthening Odisha’s manufacturing base. The plans will focus on creating investor-friendly industrial infrastructure while ensuring adequate social amenities and support facilities for workers.Under the Bhavya scheme, the Union govt aims to establish 100 plug-and-play industrial parks across the country to improve India’s competitiveness as a manufacturing destination. Odisha is looking to leverage the programme to attract new industries and expand its industrial footprint beyond existing growth centres, officials said.The proposed parks will be evaluated on factors such as connectivity, industrial potential, availability of workforce, ease of doing business and overall project viability before being submitted for approval under the central scheme. Once established, the two clusters will provide business spaces to medium, small and micro industries.Notably, Idco has established and manages more than 100 industrial estates and areas in the state, including Kalinganagar industrial region in Jajpur, Paradip petroleum and petrochemicals investment region, Infocity and Infovalley technology parks in Bhubaneswar, and Aluminium Park in Angul. The corporation has also been developing specialised downstream parks. Besides, it also manages the industrial parks for MSMEs in Rasulgarh, Mancheswar and Chandaka here.
