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CM: OMC a symbol of economic growth
Orissa POST
|May 17, 2025
Chief Minister Mohan Charan Majhi Friday stated that the Odisha Mining Corporation (OMC) has emerged as a model profit-making public sector undertaking (PSU), not just within the state but across the country.
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Speaking at the 70th Foundation Day celebrations of OMC here, Majhi described the corporation as a driving force behind Odisha's development.
He highlighted OMC's significant contribution to the economic prosperity of the state and its vital role in the overall economic growth of the nation.
The chief minister noted that OMC began its journey in the 1960s with a modest turnover of just ₹1 crore.
"Today, it has achieved a turnover of ₹23,600 crore for the financial year 2024-25 generated solely through the production and sale of minerals," the CM said.
He further emphasised that OMC now ranks among the top five mineral-producing companies in India.
Majhi outlined the state government's vision of transforming Odisha into a mixed economy, with a stronger focus on the manufacturing sector.
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