IPICOL and FICCI sign MoU for Investment Promotion Activities of Make in Odisha Conclave

Oct 20, 2020

BHUBANESWAR, 20 October 2020: The Government of Odisha today selected the Federation of Indian Chambers of Commerce & Industry (FICCI) as the National Industry Partner for the 3rd edition of 'Make in Odisha', the flagship event of government of Odisha which showcases the state as an industrial power house and a preferred investment destination in the country.

 

A Memorandum of Understanding (MoU) was signed on a virtual platform, in presence of Mr Naveen Patnaik, Chief Minister, Odisha, between IPICOL, the nodal investment promotion and industrial facilitation agency of Govt of Odisha and FICCI for investment promotion and investor outreach activities to be undertaken leading up to the next edition of Make in Odisha Conclave.

 

Captain Dibya Shankar Mishra, Minister of Energy, Industries, Micro, Small & Medium Enterprises, Government of Odisha; Dr Sangita Reddy, President, FICCI, along with senior officials of state govt and FICCI were present on the occasion.

 

Speaking on the occasion, the Chief Minister said, "The Make in Odisha Conclaves in 2016 and 2018 brought in significant increase in the quantum of new investments to Odisha and helped create a diversified industrial base in the State. As a result, the state has established itself as one of the premier investment destinations in the country. Odisha continues to remain an attractive investment destination even after the impact of COVID -19 across the globe. Even during these trying times, the state has attracted over Rs. 24,300 crore worth of new investments since February 2020."

 

He further said, "My government has a vision of making Odisha an investment destination of choice nationally, as well as globally. The positive policy framework, robust infrastructure, skilled human resources and result oriented administrative set up will help Odisha realizing this vision. With the signing of MoU with FICCI today for investment promotion, I am sure that we will take the next leap in terms of industrial growth and development."

Dr Sangita Reddy, President, FICCI said, "I have no doubt that the event would replicate the resounding success of its last edition and attract even more fruitful investments into the State. Let me assure the State Government that FICCI will not leave any stone unturned for the success of the Conclave and associated activities."