Naveen Invites Investors


Odisha Chief Minister Naveen Patnaik today held an Investors Meet here ahead of the 'Make in Odisha' conclave in November while highlighting cheap labor and abundant  availability of land as competitive advantages to attract investment.

 
Mr.Patnaik said the State Administration has demonstrated its commitment to deliver projects on ground using the 3 T Mantra of Teamwork, Technology and Transparency".

"In last six months we conducted ground breaking ceremonies of 50 projects entailing an investment of over Rs 17,000 crore," Chief Minister revealed.             

Mr.Patnaik said, Odisha is a mineral rich state, accounting for 54 per cent aluminium production and the state government is preparing a vision 2030 document for development of ancillary units in the metal sector.

Odisha is also a power surplus state where electricity generation has increased by three folds and road network has enhanced by 50 per cent. The port capacity has increased from 20.5 MMT to 190 MMT, he said.

"Odisha has a visible start-up initiative; 250 start-ups have been registered and we are posed to be among the top three start-up of India by 2020," he added.

“It gives me immense pleasure to be with you all here in the national capital. I take this opportunity to invite you all to participate in the Make in Odisha Conclave - our flagship biennial global Investors’ Meet. I am sure that this event will enable you to know more about the investment opportunities in Odisha, which is fast emerging as manufacturing hub of Eastern India,” said the Chief Minister.
Enhancing and strengthening infrastructure has been a priority of my Government for over last 18 years, he said.
 
 “Accordingly, our Port capacity has increased ten times to 190 million metric tonnes at present. Similarly, power generation has increased more than three folds and road network has increased over 50 per cent.
 
Skilling of our youth is another priority of my Government. We have launched ‘Skilled in Odisha’ program for development of our Human Capital, which is already gaining recognition as a global brand, the Chief Minister said.
 
He said the theme of Make in Odisha Conclave 2018 is “I am Odisha”, which celebrates all the successes of Odisha and her people in creating a vibrant environment for business.

“Currently, My Government is engaged in laying a road map ‘Vision2030: Development of Downstream & Ancillary in Metal Sector’ with the aim to further vitalise downstream ecosystem of the State,” Chief Minister said.
The Chief Minister also launched the ‘Invest Odisha’ website, www.investodisha.gov.in,  a user-friendly portal where investors can find information related to policy, cost-of-doing-business, and infrastructure-all at one place.
“It will enable the industry make informed investment decisions by comparing the competitiveness of Odisha with other States and countries. It also engages with the investors through a unique chatbot ‘Odishi’, which provides customized information to the users,” he said.
Industries Minister Ananta Das said, “Odisha is growing at a rate higher than the national average, with industrial development being a core component contributing to this fast growth of the state.”
Chief Secretary Aditya Prasad Padhi spoke on growth of Industrial and Infrastructure Sector in the State during last 18 years.
Principal Secretary Sanjeev Chopra said state has a competitive advantage over well-known investor destinations such as Maharashtra and Gujarat because of cheap labour, land availability and low cost of living. He said that dedicated sector-specific clusters and over 1,20,000 acres of land bank were available for industrial development.
He outlined that 65 per cent of the Rs 2 lakh crore investment committed in the first make in Odisha event 2016 were under various stages of implementation. 
 


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