The second edition of ‘Make in Odisha Conclave 2018 (MIO 2018)’, held in Bhubaneswar, received overall investment intent of ₹4,19,574 crore across 15 diversified sectors.
This was announced by Odisha Chief Minister Naveen Patnaik on Tuesday.
The first edition of the conclave held in 2016 generated investment intent worth ₹2,03,000 crore.
The investment intent in the second edition will create 5.91 lakh additional jobs, Mr. Patnaik said.
Investment proposals came in sectors such as chemicals and fertilizers, petrochemicals, food processing, healthcare, tourism, renewable energy and electronics.
A total of 183 investment proposals were received. The highest amount of investment is proposed by Haldia Petrochemicals worth ₹70,000 crore.
The top five among the proposals are ₹60,950 crore by Jindal Steel & Power Ltd.; ₹58,797 crore by Mahanadi Coalfields Ltd.; ₹43,000 crore by CPC Corporation of Taiwan; and ₹41,040 crore by Steel Authority of India Ltd.
Foreign Direct Investment proposals worth ₹46,650 crore were revived.
“The second edition of MIO Conclave 2018 has been a defining moment in the history of industrialisation of Odisha. I would like to thank the industry for joining us and reposing their trust in the State and her people,” the Chief Minister said.
“I am confident that the policy ecosystem and the investment opportunities showcased in the Conclave, and the deliberations held at the various sessions would help the State emerge as the most preferred investment destinations in the country,” he added.
(The writer is in Bhubaneswar at the invitation of the Govt. of Odisha)
