Odisha Welcomes Investors

Chief Minister Naveen Patnaik today invited investors and captains of industry to make investment in Odisha which is fast emerging as the Eastern Gateway of India.

Addressing the Captains of Industry at an Investors Meet and a Roadshow planned by the State Government here to woo investment to State, he said the first edition of the Make in Odisha Conclave evoked enthusiastic response with announcement of over Rs 2 lakh crore investment intents.

The State Government has demonstrated its commitment to deliver the projects on ground. About 65 per cent of the projects are at various stages of approval and implementation,” he told the prospective investors.

“The location is historical, being the Gateway of India. I am here as the Chief Minister of Odisha, to invite all of you to make investment in Odisha, which is fast emerging as the Eastern Gateway of India,” said Naveen Patnaik adding, “I had visited Mumbai two years back and had met some of you. I am glad to say that our 2016 road show resulted in significant investments, which are closely following up.”
Mr.Patnaik said Odisha provides a welcoming experience to the investors and expats living here.

“Propelled by continued reforms in public service delivery, enhanced citizen amenities and a vision for excellence, a recent global survey has ranked Bhubaneswar among the Top 50 Smart City Governments in the world”, the Chief Minister added.

Mr.Patnaik said, “Odisha has a vibrant start-up ecosystem. With a few months of our launching the ‘Start-up Odisha’ initiative, 250 Start-ups have already registered in the State. Odisha is poised to be amongst top 3 Start-up hubs of India by 2020.”

Drawing the attention of the investors to some of the developments and trends that are happening in Odisha, which are indicative of the State’s growth agenda, the Chief Minister said that Paradip is one of the largest and fast growing ports of India while Dhamra is fast emerging to add strength to the port-led manufacturing base.
“Apart from these deep-water ports along the East Coast Economic Corridor, we have also approved the first riverine port project of Odisha to be set up on Mahanadi River in Kendrapara district with a cargo handling capacity of over 45 million tonnes per annum,” he said.
Moreover, he said the State Government is developing a chain of 12 non-major ports along our coast to usher in an unprecedented development in the region.

“Focussing on the development of human capital, my Government has launched ‘Skilled in Odisha’ programme which is coming up as a global brand. I am happy to announce that a World Skill Center with a 18-floor infrastructure is now ready in the capital city of Bhubaneswar. We are aiming at providing the best physical, digital and intellectual infrastructure to bring transformative human development through skilling of our youth,” the Chief Minister added.
Later in his statement to media, the Chief Minister said he was immensely pleased to be in India’s Maximum City.

“I have come here to meet the investor community and invite them to explore setting up the manufacturing facilities in Odisha. I thank all the business leaders for turning out in such large numbers to attend this Investors’ Meet and encouraging us,” he said.

Mr.Patnaik said Odisha is fast emerging as the ‘Manufacturing Hub of Eastern India’. The State Government will be organizing the second edition of its flagship initiative, the Make in Odisha Conclave from November 11 to November 15 this year at Bhubaneswar to showcase the manufacturing prowess of the State and the varied investment opportunities, he said.

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