EV-hydrogen unit, bio bags project in Odisha
Global Odia investors, Biswanath Patnaik and UK-based Odia entrepreneur Arun Kar, have joined hands to set up Odisha’s first EV-hydrogen automotive manufacturing plant under their jointly founded private equity investment firm, FINNEST.
While the EV project would be around Rs 500 crore and will be the first EV-hydrogen locomotive factory in Odisha, they will also set up a Bio Bags project worth around Rs 100 crore in the State.
To be noted, the two UK-based Odia investors Patnaik and Kar recently got featured in Forbes.mc magazine. These two Indians made it to the cover page of the Forbes International Magazine brand, making Odias proud.









