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Pact For Make In Odisha

Chief Minister Naveen Patnaik has said that the State has established itself as one of the premier investment destinations in the country.

Speaking on the occasion of signing of an memorandum of Understanding between IPICOL and Federation of Indian Chambers of Commerce & Industry (FICCI) here for investment promotion activities of the proposed Make in Odisha Conclave he asserted that the previous two editions of the conclave has brought significant increase in new investments.

IPICOL Managing Director Nitin B Jawale signed the Pact on behalf of State Government.

Captain Dibya Shankar Mishra, Minister of Energy, Industries, Micro, Small & Medium Enterprises, FICCI president Dr Sangeeta Reddy joined the ceremony.

Principal Secretary Industries, Hemant Sharma, IDCO CMD Sanjay Kumar Singh and officials of FICCI were present on the occasion.

“The Make in Odisha Conclaves in 2016 and 2018 brought in a significant increase in the quantum of new investments to Odisha and helped create a diversified industrial base in the State”, he asserted.
Mr.Patnaik said as a result, Odisha continues to remain an attractive investment destination even after the impact of COVID -19 across the globe.

“Even during these trying times, the state has attracted over Rs. 24,300 crore worth of new investments since February 2020,” the Chief Minister said adding that his government has a vision of making Odisha an investment destination of choice nationally, as well as globally.

“The positive policy framework, robust infrastructure, skilled human resources and result oriented administrative set up will help Odisha realizing this vision,” Mr.Patnaik said.

With the signing of MoU with FICCI for investment promotion, he said, the State Government will take the next leap in terms of industrial growth and development.

Notably, due to the unprecedented situation arising out of COVID-19 pandemic and the restrictions related to travel, exhibitions, conferences and public gathering in its wake, the state government has decided to continue investment outreach activities on virtual platforms, in the shape of webinars and virtual meetings with prospective investors till the time the situation is ripe for undertaking Make in Odisha activities in physical form.

The decision regarding the revised dates and manner in which the Make in Odisha Conclave will be conducted will be decided by the Government at an appropriate time, taking into account the emerging COVID-19 situation and the relevant guidelines of Central Government.

The State Government has selected the Federation of Indian Chambers of Commerce & Industry (FICCI) as the National Industry Partner for the 3rd edition of ‘Make in Odisha’, the flagship event of government of Odisha which showcases the state as an industrial power house and a preferred investment destination in the country

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