regular-article-logo Thursday, 13 June 2024

Investors’ meet in Ahmedabad by Odisha

Programme to showcase state’s investment potential in the textile, metal, metal downstream, chemical, and various other sector

Subhashish Mohanty Bhubaneswar Published 11.08.22, 12:26 AM
Odisha CM Naveen Pattnaik

Odisha CM Naveen Pattnaik File picture

The Odisha government in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI), hosted an investors’ meet in Ahmedabad on Tuesday to showcase the state’s investment potential in the textile, metal, metal downstream, chemical, and various other sectors.

Industries, MSME and energy minister Pratap Keshari Deb highlighted the fact that because of abundant natural resources and metal ecosystem advantage, Odisha has become a preferred location for enterprises in the metal and allied sectors.


“The state government is promoting a Petroleum, Chemical, and Petrochemical Investment Region (PCPIR) in Paradeep, with IOCL as the anchor tenant.

“Another priority area for our state is the food processing sector, which includes seafood processing as well. Odisha has three fully functional ports at Paradeep, Gopalpur, and Dhamra that connect the state to global trade channels,” the minister said.

Highlighting the various initiatives to drum up support for the industrial ecosystem, Deb said the government of Odisha will host the third

edition of the “Make in Odisha Conclave” from November 30, 2022 to December 4, 2022, and extended invitation to all industry leaders to visit the state and see for themselves what Odisha has to offer.

Principal secretary industries Hemant Sharma presented the “Odisha Business Ecosystem and Investment Opportunities”, emphasising the state’s stable government, progressive policies, natural advantages, industry-led infrastructure development, availability of industrial land, port-led development model, and highly skilled human resources, which gives the state a distinct competitive advantage over others.

Sharma also highlighted the zero-human-interface single window portal named GO-SWIFT, ready-to-move industrial land parcels across the state and the competitive power and water tariffs which are enablers to set up industries and manufacturing units in the state.

Speaking on the Startup Ecosystem in Odisha, Dr Omkar Rai, executive chairman, start-up Odisha said: “The state has an attractive start-up policy that addresses all nuances of the start-up ecosystem.”

Director of industries, Odisha, Md. Sadique Alam said: “With big mother plants and bulk manufacturers operating and increasing their capacities throughout the state, there is a massive projected need for ancillaries.”

The Odisha government team met five industry associations, including marquee names like Ficci, Gujarat Chamber of Commerce & Industry, GESIA, Gujarat Dyestuff Manufacturers Associations and Indian Laminates Manufacturers Associations. In addition to these associations, the delegation from the Government of Odisha also met 19 individual industry captains, which included many household names.

Geeta Goradia, the chairman of Ficci-Gujarat State Council, and senior officials from the industries department & IPICOL (The Industrial Promotion and Investment Corporation of Odisha Limited) attended the investors meet. The meet was also attended by over 150 delegates, representing various industries from across Gujarat.

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