Odisha has experienced significant change over the past ten years, as have very few other Indian states. The state has seen considerable change and expansion and has always been known for its tremendous growth. The state is progressing in creating a new Odisha that embraces innovation, entrepreneurship, and fresh ideas. The Indian state of Odisha is quickly becoming a centre for technical resources.
Increasing executive spending power and the growth of professional services have bolstered the state’s economy, making it a true “Destination of the Future” regarding the scale of investment, skill pool, and ambition. Here is the list of the top 10 companies in Odisha
Talcher Fertilizers Limited
The Talcher Fertilizer Plant is in the Angul district, 126 kilometres from Orissa State’s capital Bhubaneswar. Talcher was chosen for the Unit because there was an abundance of coal that could be used as feedstock. Talcher Fertilizers Limited has seven directors: Ashu Shinghal, Sachchidanand Yadav, and others.
| CIN | U24120OR2015PLC019575 |
| Revenue | – |
| Net Worth | – |
Gupta Power Infrastructure Limited
Gupta Power started in 1961 with a commitment to providing high-quality goods, first-rate services, and satisfied customers. Since then, the business has focused on excellence, quality, and innovation. Under the brand name Rhino, one of India’s top producers and exporters of conductors has expanded its product line by focusing on Wires & Cables, LED Lighting, and OFC. Owning an EPC business enables them to offer engineering, procurement, and construction services in various industries. The organisation has effectively grown its operations abroad due to the timely execution and high-quality work.
| CIN | U31300WB1961PLC025104 |
| Revenue | Over INR 500 cr |
| Net Worth | ^ 9.15% |
National Aluminium Company Limited
Under the ownership of the Ministry of Mines and the Government of India, National Aluminium Company Ltd is a government-owned corporation with integrated and diversified operations in mining, metal, and power. At the moment, the Government of India owns 51.5% of NALCO.
| CIN | L27203OR1981GOI000920 |
| Revenue | Over INR 500 cr |
| Net Worth | -4.73 % |
Odisha Power Transmission Corporation Limited
One of the largest transmitting utilities in the nation for the transmission of power is Odisha Power Transmission Company Limited (OPTCL), a government energy corporation in the state of Odisha. Around Rs. 6560 crores are the current asset value of the corporation. OPTCL represents the entirety of the state with 175 Grid Substations. OPTCL refers to young, energetic, academically qualified candidates eager to serve as Junior Management Trainees in the Electrical discipline within various units throughout the state, particularly in KBK and other underdeveloped areas.
| CIN | U40102OR2004SGC007553 |
| Revenue | Over INR 500 cr |
| Net Worth | ^5.36 % |
Basudev Wood Private Limited
An unlisted private firm called Basudev Wood Private Limited was established on April 29, 2002. It is based in Bhubaneswar, Orissa, and is categorised as a private limited corporation. It manufactures single beds, dining room tables, and furniture repair in Bhubaneswar, Odisha: Basudev Woods Pvt Ltd.
| CIN | U20299OR2002PTC006794 |
| Revenue | INR 1 cr – 100 cr |
| Net Worth | ^30.52% |
Balasore Alloys Limited
Balasore Alloys, founded in 1984 and based in Balasore, Odisha, currently operates two plants with six submerged electric arc furnaces, each with a capacity of 145K MT per year and a 75MVA output, with the potential to develop to 160,000 MTPA. Balasore Alloys Ltd is one of the biggest producers, manufacturers, and suppliers of high-carbon ferrochrome globally.
| CIN | L27101OR1984PLC001354 |
| Revenue | Over INR 500 cr |
| Net Worth | -0.43% |
GRIDCO Limited
On April 20, 1995, the Grid Corporation of Odisha, often known as GRIDCO, was established by the government of Odisha as a public sector undertaking under the Companies Act of 1956. Under an exclusive licence granted by the Odisha Electricity Regulatory Commission, GRIDCO Limited operated in the transmission, bulk supply, and other associated businesses. Through the Odisha Electricity Reforms (Transfer of Transmission and Related Activit., the Company’s transmission-related activities were transferred and vested with Odisha Power Transmission Corporation Limited, a wholly owned State Government undertaking, following the enactment of the Electricity Act, 2003.
| CIN | L40109OR1995SGC003960 |
| Revenue | – |
| Net Worth | – |
TATA Steel Mining Limited
One of India’s burgeoning mining firms is Tata Steel Mining (Previously TS Alloys), a wholly owned subsidiary of Tata Steel and is the top producer of ferrochrome and chrome ore in India. Modern technology propels us as we concentrate on safe and sustainable mining methods. We have developed close bonds with our clients in China, Europe, North America, Indonesia, South Korea, and Japan. It provides international consumers with high-quality goods thanks to three chromite mines and eight integrated ferroalloy production facilities spread across four states in India.
| CIN | U27109OR2004PLC009683 |
|---|---|
| Revenue | Over INR 500 cr |
| Net Worth | ^668.44% |
Paradeep Phosphates Limited
A listed public corporation, Paradeep Phosphates Ltd., was established on December 24, 1981. It is based in Bhubaneswar, Orissa, and is categorised as a public limited corporation. Leading fertiliser company Paradeep Phosphates Ltd (PPL) has a yearly revenue of around Rs. 5,000 crores. PPL is a member of the Saroj Kumar Poddar, group chairman, led Adventz Group of Companies. Under its “Serving Farmers Safeguarding Farming” campaign, PPL has established strong relationships with farmers and farmers producers’ organisations (FPOs) throughout Odisha and neighbouring states.
| CIN | L24129OR1981PLC001020 |
| Revenue | Over INR 500 cr |
| Net Worth | ^21.73 % |
Odisha State Civil Supplies Corporation Limited
According to the Companies Act of 1956, the Odisha State Civil Supplies Company ltd. was created on September 3rd, 1980, as a wholly owned State Government corporation. It first had an Rs. 5 Cr. authorised share capital, which is currently worth Rs. 15 Cr. The Corporation works to develop fresh ideas to broaden its scope of activity in response to shifting needs. The Corporation maintains a no-profit, no-loss position to uphold its promise to assist the underprivileged sectors of society. The State government contributes significantly to the Corporation’s ability to support its welfare initiatives. After accounting for all of the income earned and costs incurred through subsidies, it makes up for the Corporation’s losses.
| CIN | U51211OR1980SGC000894 |
| Revenue | – |
| Net Worth | – |
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