Odisha CM Naveen Patnaik woos investors to pick ‘resource-filled’ Odisha – The New Indian Express

0

By Express press service

HYDERABAD: Chief Minister of Odisha Naveen Patnaik said on Monday that his state was one of the fastest growing economies in India and had consistently outperformed the national average over the past decade and half and was rapidly emerging as a major industrial destination in the country due to its natural resources and strategic location.

Addressing a large number of investors at an investor meeting in Hyderabad hosted by Odisha government ahead of Make in Odisha Conclave ’22, Patnaik said Odisha is ranked among the best states in the world. India in terms of manufacturing investment and was awarded ‘Achiever’ in the recently released Ease of Doing Business (EoDB) ratings by the central government.

O-Hub for startups
“We established Odisha Start-up Hub (O-Hub) in Bhubaneswar to provide a world-class incubation and coworking facility for startups based in the state. We have also set up the Odisha Youth Innovation Fund to support grassroots innovations, which are basically technological solutions and the development of successful business models by young people in different sectors,” he said.

Urging guests to come and explore Odisha, Patnaik said, “As we enter a new era of industrialization propelled by technological advancements and a philosophy of sustainability, we need a collaborative effort between government, the industry and people to ensure constant growth. ”

He mentioned that the markets in East and North East India are on a faster growth trajectory than other parts of the country and Odisha provides industries with the best facilities to set up units to meet to these markets.

Conclave for industry leaders
Dwelling on Odisha Conclave 22, Patnaik said, “Make in Odisha Conclave 22 will be held in Bhubaneswar from November 30 to December 4. This conclave aims to provide a platform for industry leaders from around the world to discuss a roadmap for industrial development. In the years to come. A humble start was made in 2016, which saw an attendance of 18,500 and received over 120 investment intentions valued at over Rs 2 lakh crore. In 2018, we hosted the second edition which raised the bar even higher, receiving an influx of 45,000 visitors and investments worth over Rs 4 lakh crore.

Hemant Sharma, Principal Secretary, Department of Industries, Skills Development and Technical Education, said Odisha had attracted Rs 4 lakh crore in investments over the past two years despite the pandemic. “Our state has proven to be the destination for investors in minerals and metallurgy. Odisha is the largest producer of steel, stainless steel and aluminum. Industrial areas like Biotech Park, Gopalpur Industrial Park, Aluminum Park, Seafood Park and Info Valley have boosted the economic growth of the state.

HYDERABAD: Chief Minister of Odisha Naveen Patnaik said on Monday that his state was one of the fastest growing economies in India and had consistently outperformed the national average over the past decade and half and was rapidly emerging as a major industrial destination in the country due to its natural resources and strategic location. Addressing a large number of investors at an investor meeting in Hyderabad hosted by Odisha government ahead of Make in Odisha Conclave ’22, Patnaik said Odisha is ranked among the best states in the world. India in terms of manufacturing investment and was awarded ‘Achiever’ in the recently released Ease of Doing Business (EoDB) ratings by the central government. O-Hub for Startups “We have established Odisha Start-up Hub (O-Hub) in Bhubaneswar to provide a world-class incubation and coworking facility for startups based in the state. We have also set up the Odisha Youth Innovation Fund to support grassroots innovations, which are basically technological solutions and the development of successful business models by young people in different sectors,” he said. Urging guests to come and explore Odisha, Patnaik said, “As we enter a new era of industrialization propelled by technological advancements and a philosophy of sustainability, we need a collaborative effort between government, the industry and people to ensure constant growth. “He mentioned that the markets in East and North East India are on a faster growth trajectory than other parts of the country and Odisha provides industries with the best facilities to set up units for respond to these markets. Conclave for Industry Leaders Dwelling on Odisha Conclave 22, Patnaik said, “The Make in Odisha Conclave 22 will be held in Bhubaneswar from November 30 to December 4. This conclave aims to provide a platform for industry leaders industry around the world to discuss a road map of industrial development in the coming years A humble start was made in 2016, which saw an attendance of 18,500 and received over 120 assessed investment intentions at over Rs 2 lakh crore. In 2018, we hosted the second edition which set the bar even higher, receiving an influx of 45,000 visitors and investments worth over Rs 4 lakh crore. Hemant Sharma, Principal Secretary, Department of Industries, Skills Development and Technical Education, said Odisha had attracted Rs 4 lakh crore in investments over the past two years despite the pandemic.“Our state has proven to be the destination for i investors in minerals and metallurgy. Odisha is the largest producer of steel, stainless steel and aluminum. Industrial areas like Biotech Park, Gopalpur Industrial Park, Aluminum Park, Seafood Park and Info Valley have boosted the economic growth of the state.

Share.

Comments are closed.