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flag Indian Oil plans ₹61,000 crore investment in Odisha for a naphtha cracker project, aiming to boost local economy.

flag Indian Oil Corporation (IOC) plans to invest ₹61,000 crore in a naphtha cracker project in Paradip, Odisha, with the state government set to be an equity holder. flag The memorandum of understanding will be signed in January. flag Additionally, a foundation stone for a ₹4,352 crore yarn project in Bhadrak will also be laid in January. flag These projects aim to boost employment and economic growth in the region.

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