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CM Invites Investors

New Delhi: Chief Minister Naveen Patnaik said “Odisha is one of the fastest growing economies in India and has consistently grown above the national average in the last decade and a half. We are fast emerging as a major industrial destination in eastern India because of our natural resource advantage and strategic location.”

While inviting envoys of over 30 countries to the Make In Odisha-22 to be held in the State capital in November this year, Mr.Patnaik said over the last 20 years, his government has been focusing on leveraging these natural resources.

The Chief Minister said, “The Make in Odisha Conclave-22 will be held in Bhubaneswar from November 30 to December 4.

The State Government, in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI), Wednesday hosted an Investors’ Meet and Curtain raiser for Make in Odisha conclave in New Delhi.

Minister Industries P K Deb stressed that “Odisha has always been known for its magnificent handloom industry, we are now firmly focusing on technical textile as well.

“We are setting up a technical textiles park in Bhadrak anchored again by IOCL's 300 KTPA Polyester and Fiber plant. Similar to the chemicals and petrochemicals sector, and textiles sector, we have also developed robust ecosystems for sectors like Food Processing, IT/ITeS, ESDM etc,” he added

Mr.Deb said Odisha’s industrial growth in the last two decades has been focused on developing highly skilled work force.

“With nearly 200 Engineering Colleges and 1000 ITIs, we are creating the most skilled workforce in the country. We have recently established a first of its kind, World Skill Centre (WSC), a premier advanced skill training institute. In order to fully realize the potential of the youth and entrepreneurs in the state, we have started Start-Up Odisha. with the aim to encourage young people to work towards innovation, development and improvement of products, process, and services,” the Minister said.

Chief Secretary Suresh Chandra Mahapatra initiated the meeting stating that the team from Odisha, led by the Chief Minister, is there to apprise everyone present about the state’s flagship investment summit.

The Make in Odisha Conclave aims to provide a platform for industry leaders from across the world to discuss a roadmap for industrial development in the coming years, the Chief Secretary said and added, “A humble beginning was made in 2016, which saw a footfall of 18,500 and received over 120 investment intents valued at over Rs. 2 lakh crore. In 2018, we hosted the 2nd edition which raised the bar even higher and received an influx of 45,000 visitors and received investments worth over Rs. 4 Lakh.”

“We need your support and cooperation to ensure that this year’s event is a grand success. The Make in Odisha Conclave-22 is a platform that brings all the stakeholders together,” Mr.Mahapatra said.

Principal Secretary Industries, Hemant Sharma made a presentation in which he highlighted the State’s over two decades of stable governance, as the fastest growing economy in the country, top choice in the sector of minerals and metallurgy, dominance in metal manufacturing and the commitment of the towards the future.

He then presented about the Business ecosystem in Odisha and highlighted the State’s ranking in the EoDB ranking, competitive cost of doing business, impact of investment facilitation, best-in-class incentives and highly skilled human resources, which gives the state a distinct competitive advantage over others.