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Press Release

Odisha CM invites industry, investors to invest in state and become part of new industrial age in Odisha

Aug 31, 2022

NEW DELHI, 31st August 2022: Mr Naveen Patnaik, Chief Minister of Odisha today invited the industry and investors to come and invest in the state. "I seek your participation in the 'Make in Odisha Conclave 2022' and be our partner in ushering the new industrial age in Odisha," he added.

Addressing the curtain raiser to 'Make in Odisha Conclave 2022 (MIO)' scheduled from 30th November to 4th December 2022, organized by the government of Odisha jointly with FICCI, Mr Patnaik said "Odisha is one of the fastest growing economies in India and has consistently grown above the national average in the last decade and a half. We are fast emerging as a major industrial destination in eastern India because of our natural resource advantage and strategic location. Over the last 20 years, my government has focused on leveraging these natural advantages through progressive policy, efficient administration, and technological interventions."

The Chief Minister further said, "The Make in Odisha Conclave'22 will be held in Bhubaneswar from 30th November to 4th November 2022. I would request your excellencies to kindly consider being a Partner Country of Odisha during the conclave. As part of the MIO Conclave'22, we are setting up an International Pavilion at the venue. You may kindly consider setting up offices and stalls in the pavilion during the Conclave and conduct G2B and B2B meeting. We will provide all necessary facilitation."

Mr Pratap Keshari Deb, Minister of Industries, MSME and Energy, Govt of Odisha said "Odisha has always been known for its magnificent handloom industry, we are now firmly focusing on technical textile as well. We are setting up a technical textiles park in Bhadrak anchored again by IOCL's 300 KTPA Polyester and Fiber plant. Similar to the chemicals and petrochemicals sector, and textiles sector, we have also developed robust ecosystems for sectors like Food Processing, IT/ITeS, ESDM etc."

He further stated that Odisha's industrial growth in the last two decades has been focused on developing highly skilled work force. "In order to fully realize the potential of the youth and entrepreneurs in the state, we have started Start-Up Odisha with the aim to encourage young people to work towards innovation, development and improvement of products, process, and services," he added.

Mr Suresh Chandra Mohapatra, Chief Secretary, Govt of Odisha stated that through the Make in Odisha Conclave, Odisha wants to build new relationships and strengthen old relationships with industry. "Our government understands that in order to attract investors, we need to build a conducive ecosystem. Industrialization has been one of the key philosophies behind Make in Odisha," he added.

Mr Hemant Sharma, Principal Secretary, Industries Department, Govt of Odisha presented about the Business Ecosystem in Odisha and highlighted the State's ranking in the EoDB ranking, competitive cost of doing business, impact of investment facilitation, best-in-class incentives and highly skilled human resources, which gives the state a distinct competitive advantage over others.

Mr Subhrakant Panda, Senior Vice President, FICCI said that Odisha's success story encompasses not just attracting and grounding investment but also in terms of implementing welfare programs, imparting skills to youth and internationally acclaimed disaster management approach targeting zero fatality. "FICCI is proud to have been associated with the earlier editions of 'Make in Odisha' and, as the National Industry Partner, I commit to you our fullest effort to make the third edition a resounding success," he added.

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