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HCLTech will invest Rs 14,257 crores to establish its first AI data center in Bhubaneswar,in partnership with Sarvam AI and the Government of Odisha. HCLTech also plans to open a global technology center in Bhubaneswar, which will house 5,000 employees and to be operational by 2028.
Housing and Urban Development Corporation (HUDCO) has signed an MoU with the Odisha Government to provide term loans up to ₹1 lakh crore over five years for urban infrastructure and housing projects. This collaboration aims to accelerate housing and infrastructure growth across Odisha, including the Bhubaneswar-Cuttack-Puri-Paradeep Economic Region.
Plans have been unveiled for a new 1,000-seat multipurpose convention centre in Puri, aimed at enhancing its status as a destination for conferences and events. This infrastructure development is expected to boost tourism, cultural exchange, and economic growth in the region by providing a modern venue for national and international gatherings.
Railway projects worth over Rs 90,000 crore are currently in execution across Odisha. The state has received a record budget allocation of over Rs 10,000 crore for railway development. 59 railway stations are being redeveloped. A four-line railway corridor along coastal Odisha from Balasore to Brahmapur is also planned.

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*Real Estate (Regulation & Development) Act, 2016.