regular-article-logo Wednesday, 07 June 2023

Naveen Patnaik scouts for investments

Odisha CM meets industrialists and IT captains in Bangalore

Subhashish Mohanty Bhubaneswar Published 30.09.22, 01:28 AM
Naveen Patnaik

Naveen Patnaik File picture

Odisha chief minister Naveen Patnaik on Wednesday met industrialists and IT captains in Bangalore and discussed investment opportunities in the state.

Naveen also made a presentation explaining that Odisha can be major investment destinations in the field of aerospace, health, energy, pharmaceutical textiles and such other areas. Odisha, which is known for its rich mineral wealth, wants to diversify its business activities.


Addressing the investors’ meet, Naveen invited them to explore opportunities to invest in Odisha and see what ease of doing business opportunities were available in the state. He informed the investors about the state’s flagship investment summit, Make in Odisha Conclave 2022, and invited them to attend its latest edition, which will be held from November 30 to December 4.

Naveen also highlighted the incentives and facilitation services being offered in the state under its IT Policy 2022 to make Odisha a choice for the industry.

He explained that the state’s conducive business ecosystem; friendly facilitation service and industrial friendly policies were enough to attract businesses from across the globe to the state. Quite a few of them have already set up shop in Odisha.

Earlier on Tuesday, Naveen met Azim Premji. Following the meeting he tweeted,” Glad to meet Shri Azim Premji, businessman, philanthropist & ex-Chairman @Wipro at #OdishaInvestorsMeet2022 in Bengaluru, the curtain raiser event for #MIO2022 Conclave. Highlighted conducive business ecosystem & immense #MakeInOdisha opportunities for Wipro to expand operation”

He also attended multiple one-on-one meetings with potential investors across different sectors like food processing, aerospace and defence, healthcare to discuss the possibilities of investing in Odisha and to cater to the ever-growing need of newer products and services in Eastern and Northeast India.

“The idea behind organising this is to showcase the diverse business-friendly ecosystem of Odisha to the potential investors and help them to form an informed decision to invest in in the state to meet the ever-growing demands in Eastern and North-Eastern India as well as the ASEAN Markets,” said officials.

The investors were assured of best-in-class investment facilitation in Odisha.

Earlier this month, Naveen visited Mumbai and met the topnotch industrialists of the country. The investors' meet in Bangalore was organised by the Odisha government in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI).

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