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Make In Odisha: 800 Cos register to participate

Mon, 24th Oct 2016 (Source:Odisha TV)

As many as 800 companies from across the globe have evinced interest to participate in the three-day ‘Make In Odisha’ conclave scheduled to be held here from November 30 to December 2.

It would be organised under the joint aegis of Government of Odisha and Department of Industrial Policy & Promotion (DIPP), Government of India. The objectives of the conclave are to showcase manufacturing ecosystem in Odisha, highlight investment opportunities and elicit investment intentions from the corporate.

The companies from various industrial and manufacturing fields have registered with the State government to attend the investors’ meet, touted to be the biggest gathering of global industrial bodies, potential investors and business chambers in the State so far. An official of the Industries Department informed this after a review meet by chief secretary AP Padhi in this regard on Friday.

On preferential basis, the State government will soon shortlist the companies and seek investment in its ‘investible projects’ during the grand show. These projects cover an array of sectors- chemicals, petrochemicals & plastics, textiles, healthcare & biotech, agro & food processing, IT & electronics system design & manufacturing (ESDM), tourism, industrial parks, logistics & transport, Smart City projects, energy and downstream industries in steel and aluminium.

Meanwhile ahead of the big show, pre-event investor reach-out activities like road shows have been planned in Hyderabad, Kolkata, Delhi and Pune from October 25.

“Industries minister Debi Prasad Mishra, MSME Secretary, Officials of IPICOL and Idco will be present during the road show in Hyderabad tomorrow. The government will showcase its newly introduced start up policy and land bank for green field projects during the day-long show,” said MSME principal secretary LN Gupta.

While first pre-event meet will be held in Hyderabad on October 25, second event will be held in Pune on October 26 followed by Kolkata on October 27. The last and fourth road show will be held in Delhi in November first week, sources said.

Official sources said Odisha has prepared a shelf of over 125 projects which it will showcase at the upcoming mega event which is planned in collaboration with the Department of Industrial Policy & Promotion (DIPP).

Among the projects to be showcased for luring investments is the Petroleum, Chemicals & Petrochemicals Investment Region (PCPIR). The PCPIR is planned over 284 sq km straddling the coastal districts of Jagatsinghpur and Kendrapara. Investment opportunities exist in the areas of applications like integrated petrochemical products such as polyester chips, fibres, PET bottles, PET chips, sheets and thermoforming, industrial distillates, research & development and development of infrastructure.

Last week, chief minister Naveen Patnaik during a meet with envoys of at least 28 countries in New Delhi had claimed that owing to a favourable business climate, Odisha received investment assurances of around Rs 70,000 crore during the Make in India Week in Mumbai in February and Rs 90,000 crore during the Odisha Investors’ Meet in Bengaluru in August this year.

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