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4K CR Projects Launched


Chief Minister Naveen Patnaik said that the State Government has a vision of becoming one of the top three investment destinations in the country in terms of grounded investments.


Mr.Patnaik launched 22 new projects, involving a total investment of Rs 4,461.42 crore which is expected to take the Make-in-Odisha initiative to a new height.
 
 “Towards achieving this vision, we have devised the '5T' strategy, in which Transformation goals will be achieved through Teamwork, Transparency and Technology enablers in a Time-bound manner”, said he.

He said this strategy has already started yielding encouraging results towards our industrial growth.

“You will be glad to know that in the past 20 months alone, we have undertaken ground-breaking and inauguration of over 120 industrial units with an investment of Rupees Ninety-two thousand six hundred eighty six crore in the State with the creation of employment opportunities for over 1.2 lakh people. I believe, all Departments must take pride in facilitating new manufacturing investments and creating employment opportunities for people of our State."

The projects launched through videoconferencing are expected to create employment opportunities for 9451 people.

Complimenting the companies for setting up industries, the Chief Minister said, "I congratulate all the concerned companies on this milestone and assure everyone of complete facilitation support from the State Government. These projects will usher in the next era of industrial growth in the State and will contribute towards the vision of an industrially prosperous Odisha.”

He said these projects will usher in the next era of industrial growth in the state and will contribute towards the vision of an industrially prosperous Odisha.

Mr.Patnaik inaugurated 10 industrial units and performed groundbreaking of 12 other facilities across nine different sectors such as metal and metal downstream, cement, power and renewable energy, plastics, food processing, tourism, textile and apparels, infrastructure and paper.

He inaugurated and laid foundation stones for these projects through a video conference from Lok Seva Bhawan here.

Some key projects include Rs 250 crore Arati Steel expansion in Cuttack, Rs 150.90 crore Hindalco Solar plant at Lapang, JK Lakshmi Cement unit of Rs 155 crore in Cuttack, JSW Cement facility worth Rs 318 crore at Kalinga Nagar and Shyam  Metalics and Energy's unit with Rs 870 crore investment in Sambalpur.

During past 20 months, the state witnessed groundbreaking and inauguration of over 120 projects with a total investment of Rs 92,686 crore and these would create employment opportunities for over 1.2 lakh people, he said.

On the occasion, Patnaik also released a coffee table book "Make-in-Odisha, 2018".

Minister Industries, Energy and MSME Divya Shankar Mishra, Chief Secretary Aditya Prasad Padhi also spoke on the occasion.




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