PM Modi’s road show at Indore a big hit
People showered flower petals and chanted ‘Modi, Modi’ slogans throughout the road show that began from Ganpati Square and ended at Rajwada.
Making a strong pitch to investors to recognize Odisha’s potential, state Industries Minister Debi Prasad Mishra on Thursday urged the business community to invest in the state.
The minister was in Delhi to address a road show orgainsed by the state government in collaboration with Department of Industrial Policy and Promotion (DIPP) and Confederation of Indian Industry (CII) in a bid to make the investors aware about the Make in Odisha conclave to be held in Bhubaneshwar from 30 November 30 to 2 December.
The minister said there were 200 ready to invest projects in the area of food processing, textiles, Information Technology, petrochemicals, renewable energy, industrial parks and manufacturing, adding that focus areas will be ancillary, agro, electronics manufacturing, chemicals, plastics, petrochemicals, textiles and tourism.
The delegation led by Mishra met CEOs of about 22 companies including Paytm, Everest Group, Sonalika Tractors, Orient Craft, Intex Technologies, promising stable policies for the investors.
“The cost of doing business is quite low in Odisha. The state has also improved upon ease of doing business with the project approvals being given within 15 days,” said Mishra. The state is enriched with minerals, skilled labor, cheap raw material and one of the largest ports, he added.
The state government has also organised pre-conclave investor reach out events such as road shows at Mumbai, Kolkata, Bengaluru and Hyderabad in the run up to the conclave. Over 300 industries are likely to participate in the upcoming event.
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