Home Industry Indo-Japan Teams Focus On New Investments

Indo-Japan Teams Focus On New Investments

Bhubaneswar: Satoshi Suzuki, Ambassador of Japan to India has expressed the hope that the recent industrial and developmental surge in the State would be more helpful in realization of new Japanese investments in the State.

Addressing the Japan-Odisha Industrial partnership seminar, Mr.Suzuki appreciated the support provided by Odisha Government to the Japanese investors in the last years.

Minister Industry, MSME and Energy Dibya Sankar Mishra  chaired the seminar which focused on exploring the possibilities of new Japanese investment in Odisha.

Minister Captain Mishra said, “Japan has been a treasured partner of India and Odisha. Our State under the leadership of Chief Minister Sri Naveen Patnaik is committed to build an everlasting relationship with Japan both in industrial and cultural spheres”.  Mr.Mishra added, “Many Odia people have made Japan their home. The Japanese people and artists like Ms. Masako Ono have become a part of Odishan culture”.

 Addressing the Seminar, Chief Secretary Suresh Chandra Mahapatra said, “The industrial collaboration with Japan has been very successful in the last years. The Japanese investors like Arcelor Mittal, Nippon Steel, TRL Krosaki have made big success strides in Odisha.

Addressing the Seminar, Harsh Varrdhan Shringala, Foreign Secretary Government of India said, “The case for Japanese investment in Odisha is well made. The robust infrastructure, strong political will and enabling bureaucracy coupled with the natural resources are great strengths of Odisha”. He added that Government of India would provide all required support for successful investments in Odisha.

Presenting Odisha as a land of opportunities, Principal Secretary Industry Hemant Kumar Sharma said, Odisha has been a leader State in attracting the investments for its natural resources, ease of doing business and facilitating legal framework. He added, “Industry and service sectors are two large sectors together contributing around 80% of States’ GDP”.

Further, Mr. Sharma outlined the scopes for Japanese investment in steel, steel downstream, aluminum downstream, chemicals, petrochemicals, sea food processing, electronics and automobile manufacturing. Sri Sharma also explained the whole process of the approval and commissioning of the industries through Go-Swift portal and single window system. He said, “The single window system of the State is first of its kind, and, it supports the industries throughout their investment life-cycle”.

Captains of Industry Acrcelor Mittal, Nipon Steel, TRL Krosaki, Tata Group, Aditya Birla, Indo-Nissin Foods, Reliance and Mind Tree shared their experience in Odisha with the potential investor of Japan.

These industry icons highly appreciated the legal framework within which Odisha Government operates, single window clearance in true sense of the term, industry enabling bureaucracy, industrial peace, political stability, robust infrastructure, rail, highway, air and port connectivity etc.  Around ten potential investors from big industrial houses of Japan participated in the Seminar and interacted with the senior officers of Odisha.

MD IPICOL Bhupendra Singh Poonia coordinated the entire event.   The senior officers from Industry, MSME and other concerned departments participated in the deliberations.