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Odisha fast emerging major manufacturing hub: CM

Naveen Patnaik said, “We have shifted from a resource-dependent, mineral-based industrial development to more rapid, broad-based and inclusive economic growth across diverse sectors.

Odisha fast emerging major manufacturing hub: CM

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Odisha is fast emerging as a major manufacturing hub in the country for sectors ranging from metal and minerals to chemical, petrochemicals and food processing, among others, Chief Minister Naveen Patnaik said on Friday.

Patnaik, who initiated the 16th phase of inauguration and ground-breaking for 19 projects, said, “We have shifted from a resource-dependent, mineral-based industrial development to more rapid, broad-based and inclusive economic growth across diverse sectors.

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While two projects were inaugurated, ground breaking for 17 more was organised on Friday. The investment intent for these projects was received during Make in Odisha (MIO) Conclave 2022. At an investment of Rs 1,650 crore, more than 4,500 employment opportunities are expected to be generated from these 19 projects across sectors like plastic, sea food processing, manufacturing, tourism, Information Technology and Electronics System Design & Manufacturing (ESDM), refractory, agro and food processing, pharmaceuticals and steel downstream.

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Speaking at virtual platform, the chief minister reiterated his government’s resolve to provide required support to the investors looking to explore Odisha as a potential investment destination and also provide the best of opportunities for its people to grow.

Through a hassle-free and prompt business environment for the investors, the government has laid emphasis on strengthening the industry-led ecosystem of value addition, sustainable employment generation and revenue augmentation in the state, he said.

The recently organised Make in Odisha Conclave-2022 was an outstanding success as the event was attended by Business Leaders and Industry Delegates from different sectors, across the country, and the event could attract investment intentions of Rs.10 lakh crore to Odisha, generating potential for employing around 10 lakh people in the state, he added.

Our vision is to enable faster conversion of investment intents to grounding and provide unmatched facilitation and support to industries, he concluded.

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