In the run up to the Make in Odisha Conclave 2018, Odisha government held an investors meet in Kolkata to showcase the inherent advantages of investing in Odisha.
A delegation led by Sanjeev Chopra, Principal Secretary (Industries) met Bengal- based companies to attract investments to Odisha on Friday, informed official sources here.
Advantages of Odisha like the low cost of doing business in the state, incentives for investors, dedicated sectorspecific clusters and over 1,21,000 acres of land bank available for industrial development were underlined.
The investors meet witnessed response with over 30 leading Kolkata-based industrialists meeting the delegation and exploring attractive growth opportunities across Odisha’s focus sectors.
Mr Chopra said, “We have seen a significant rise in attracting manufacturing projects with more than 118 large projects approved with employment potential of 1,28,572 in the past 4 years alone in the State.
“The average time taken for approval of the projects is also reduced to twenty days from the date of receipt of completed project application,” Mr Chopra further said.
The delegation also participated in a roadshow organized by Indian Oil Corporation Limited in Kolkata yesterday where the strategic advantages and opportunities for plastics and technical textiles were showcased at the Paradip Plastics Park and Bhadrak Textiles Park.
The delegation also met Consul Generals of China and Japan in Kolkata and invited companies from both the countries to participate in the second edition of the biennial Make in Odisha Conclave 2018 which has been scheduled to be held in Bhubaneswar from 11 November to 15 November, 2018.