ISO 9001:2015 Certified
closex Call Us 11-23320714, 23721504, ficci@ficci.com

 Upcoming Event
to forge a partnership on Technology Commercialization Initiative, FICCI-AMITY and IC2 Institute University

State govt targets revival of sea trade 

The Times of India , Nov 11, 2018

Laden with history, the state's overseas trade ties may get a much-needed push at the Make in Odisha conclave which is slated to begin from Sunday. With a 480-km-long coast, Odisha once commanded a powerful position in the subcontinent's maritime activities. The state's hopes for growth in export now has potential for reviving the same glory.

"The revival of maritime trade is quite important for the state and we will certainly try to make business deals with countries that can be connected through sea routes from Odisha," said industry minister Anant Das.

Official sources said the fields in which there can be possible collaborations between Odisha and other countries across the Indian Ocean include information technology, telecommunications, finance, education, health, hospitality, travel and tourism, construction and transportation. There is similar scope for joint ventures in food processing, furniture, gems and jewellery, agro-biotech, textiles and wood crafts with various companies.

"Odisha has the advantage of location. Huge investments planned for maritime infrastructure in the state with several new ports coming up in the next few years would lead to possible business transactions," Das pointed out.

There is historical evidence of strong sea-trade ties between Kalinga (ancient Odisha) and countries like Sri Lanka and other south Asian countries.

"Revival of these routes would be a win-win situation for investors as well because instead of going to a new place they would get to invest in a place with strong cultural and social links," said Sunil Patnaik, researcher at Odisha Institute of Maritime and South East Asian Studies.

However, industry bodies said though the potential of Odisha's sea trade is immense, investment opportunities with Asian and south Asian countries has not been encouraging over the years. "Most of them compete with Odisha to export products to USA, UK and other European countries," said Ramesh Mohapatra, president of Utkal Chamber of Commerce and Industries.

 

 

Also Read

Chief Minister of Odisha Naveen Patnaik Inaugurates the much- awaited 'Make in Odisha Conclave 2018'

Odisha launches Vision 2025 of Universal Healthcare at 'Make in Odisha' Conclave 2018

Odisha invites industry to tap opportunities in defence & aerospace sectors

Patnaik launches 'Make in Odisha', government looks to draw up investment     

Naveen Patnaik inaugurates second Make in Odisha conclave     

Odisha CM inaugurates 'Make in Odisha Conclave', urges industry captains to partake in state's growth     

Make-in-Odisha Conclave starts with a 'Coastal Fun Run'     

‘Make in Odisha’ has come a long way: CM     

Odisha CM Inaugurates ‘Make In Odisha’ Conclave     

Aditya Birla Group to invest ₹14,400-crore in Odisha announces Kumar Mangalam Birla     

MIO 2018: Naveen urges FICCI to establish long-term association with Odisha     

Plenary Session of Business Leadership Summit #MakeInOdishaConclave starts, leading industrialists Ambani, Adani, Birla, Jindal present     

CM Naveen Patnaik inaugurates Make in Odisha Conclave     

Make in Odisha expo inaugurated; to include sessions on women entrepreneurship, startups, agri     

'Make In Odisha Conclave' Kicks Off In Bhubaneswar     

Tata Sons to invest Rs 25,000 cr in Odisha announces N. Chandrasekaran     

Local investors seeks more investments for Sundargarh district amidst 'Make in Odisha' conclave     

Mukesh Ambani, Kumar Mangalam Birla to attend Make in Odisha summit     

Make in Odisha 2.0: State eyes Rs 3-trn investments, woos Japanese firms     

Odisha to bear 20% cost for mega food parks, but aid capped at Rs 150 mn     

Make in Odisha Conclave from today     

Make in Odisha Conclave to begin from tomorrow     

Tata Group's total investment in Odisha to cross Rs 1 lakh crore soon     

Reliance to make Rs 30 bn fresh investment in Odisha: Mukesh Ambani     

Reliance to Invest Rs 3,000 Crore in Odisha, Set Up 'High Power Athletic Centre'     

Odisha CM Naveen Patnaik urges industry captains to partake in state's growth     

Odisha bags about Rs 1.4 lakh cr investment proposals on 2nd day of investors’ meet     

Chief Minister of Odisha Naveen Patnaik Inaugurates the much- awaited 'Make in Odisha Conclave 2018'     

Make in Odisha Conclave 2018: RIL chairman Mukesh Ambani commits to Rs 3,000-cr investment in state     

Odisha to make Bhubaneswar skill capital of India     

FICCI hosts panel discussion on Broadcasting in Odisha at Make-in-Odisha Conclave venue     

Odisha launches Vision 2025 of Universal Healthcare at ‘Make in Odisha’ Conclave 2018     

Odisha invites industry to tap opportunities in defence & aerospace sectors     

Odisha invites industries to tap opportunities in defence, aerospace sectors     

Make in Odisha 2018: Women-backed firms plan to set base in Odisha     

Skill boost with back-to-back pacts at the Make In Odisha Conclave     

Odisha invites industry to tap opportunities in defence & aerospace sectors     

Make in Odisha: Odisha govt. to bring new film policy with FICCI     

Make in Odisha 2018: Rs 4.1 lakh crore investment goals achieved     

Govt of Odisha to provide smartphones to six lakh Mission Shakti groups     

Make in Odisha Conclave lays roadmap for future of Media & Entertainment Industry     

MIO event: Focus on media, entertainment on last day     

Event:

 Make in Odisha Conclave