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Fri, 18th Nov 2016 (Source:Business World)
After completing successful roadshows in Hyderabad and Kolkata, the final leg of Make in Odisha Conclave roadshows culminated in New Delhi on Thursday (17 November). In a fresh step towards attracting more investments to the state,
the Odisha government showcased many investment opportunities in the State, state’s industrial infrastructure eco system and policy frameworks to potential investors and the business community of Delhi and NCR.
The Odisha government in collaboration with Department of Industrial Policy & Promotion (DIPP), and the Confederation of Indian Industry (CII) is organizing the Make in Odisha Conclave at Bhubaneswar from November 30 to December 02.
The primary focus sectors of the state government include agro and sea food processing, electronics manufacturing, chemicals and petrochemicals, textiles, ancillary and downstream industries and tourism.
The state government is focusing on developing Odisha as manufacturing hub of eastern India. To achieve this, the government is setting up robust industrial infrastructure for upcoming industries in the form of large investment regions and sector specific clusters.
Odisha is the pioneer in the Ease of Doing Business in India, it launched Odisha Industries (Facilitation) Act 2004- one of the first legislation for single window business clearance systems in the country. Adding on to the basket of offerings for ease of doing business in the state, facilitations like land allotment with 100 lakh acres of, post land allotment monitoring system for grievances and queries, abundance of skilled labour pool amongst others.
The high profile delegation was led by Debi Prasad Mishra, Minster for Industries, Govt of Odisha along with senior state govt officials. During the roadshow, the delegation held several meetings with CEOs of top 22 companies such as Paytm, Everest Group, Sonalika Tractors, Orient Craft Ltd., Intex Technologies, amongst others discussing varied subjects ranging from enabling policies, stable political environment of the state, potential investment opportunities and participation of companies at the Make in Odisha Conclave.
Various one-on-one business meetings with companies and organizations and made a strong case for Odisha by elaborating on the competitive advantages of Odisha as a manufacturing destination, shared information about more than 200 ‘ready-to-invest’ projects in diverse sectors. More than 200 business leaders participated in the Make in Odisha Delhi Roadshow.
Addressing the industry leaders at the roadshow, Mishra said: “I am delighted to invite all of you to be part of Make in Odisha Conclave scheduled later this month. Odisha as a business destination has a great potential and immense business opportunities. The state is enriched with valuable minerals and skilled labor, cheap raw material and a long coastline of approx.480 km with one of the largest ports in Paradip. The State govt has undertaken crucial reforms in various sectors, and improved governance, strengthened institutions and streamlined policy framework to facilitate businesses. I welcome all of you to invest in Odisha, we are committed to ensure investor delight and keen to provide all the necessary support and assistance”.
“Not only Ease of Doing Business but the Cost of Doing Business is what makes Odisha cut above all other states in India,” he further added.