Odisha woos T.N. investors

Meet held to attract investments for ‘Make in Odisha’

September 27, 2018 12:52 am | Updated 12:52 am IST - CHENNAI

Odisha Chief Minister Naveen Patnaik (third from left) launched a hackathon on Wednesday. Odisha Industries Minister Ananta Das (second from left) is with him.

Odisha Chief Minister Naveen Patnaik (third from left) launched a hackathon on Wednesday. Odisha Industries Minister Ananta Das (second from left) is with him.

Nearly 250 Tamil Nadu-based companies took part in a road show organised as part of the investors meet by the Government of Odisha here on Wednesday.

In a bid to attract more investors, the Odisha government joined hands with Federation of Indian Chambers of Commerce and Industry (FICCI) to explain the opportunities available for potential investors in Odisha.

The meet was aimed at attracting investors to the second edition of ‘Make in Odisha’ conclave to be held between November 11 and 15 in Bhubaneswar.

Launching a 36-hour hackathon as a run-up to the conclave, Odisha Chief Minister Naveen Patnaik said the initiative was to encourage budding entrepreneurs to develop innovative solutions to overcome challenges in public service delivery and industry.

The online single window portal for investors, Go Swift, received 400 proposals in a span of 10 months. The recent one being from Tata Steel Processing and Distribution Limited to set up a manufacturing unit in Jajpur district.

Recalling the first edition of the conclave organised in 2016, he said the State received investment proposal to the tune of nearly ₹2 lakh crore. Of this, nearly 65% of the projects were in various stages of approval and execution. He also highlighted ‘I am Odisha’ campaign as part of the conclave.

The availability of land bank and incentives of investors were also highlighted at the meet. The key focus areas include petrochemicals, metals sector, textile, electronics, IT and tourism were also discussed. Industrialists who have invested in Odisha shared their experience. M.Rafeeque Ahmed, member, FICCI national executive committee also spoke.

Bhawan inaugurated

On Tuesday, Mr. Patnaik inaugurated the sprawling Odisha Bhawan on Velachery Main Road in Pallikaranai. He thanked former Chief Minister Jayalalithaa for allotting land for the building and added that the business and employment relations between the two States would grow further.

Built at a cost of ₹22 crore over more than 11,800 sq. feet of land, it is the sixth such facility of the Odisha government outside the State, he said.

Top News Today


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.