Odisha eyes Rs 2.5 lakh crore investment in 10 years

Odisha Govt is also looking at creation of 30 lakh new employment opportunities by 2025, says CM Naveen

Published: 02nd December 2016 06:24 AM  |   Last Updated: 02nd December 2016 06:26 AM   |  A+A-

By Express News Service

BHUBANESWAR: With India Inc united in its show of confidence in the Make In Odisha Conclave, Chief Minister Naveen Patnaik on Thursday said the State Government is looking at a massive `2.5 lakh crore investment in next 10 years time.

At the Plenary Session of the investors summit, billed as the largest biz meet in the State, Naveen said his Government has strategised the Odisha Industrial Development Plan Vision 2025 which has identified five focus sectors that would accelerate growth in Odisha. While envisaging `2.5 lakh crore investment, the Government is also looking at creation of 30 lakh new employment opportunities by 2025.

With at least 14 industry captains making their presence felt at the session with Naveen and Union Finance Minister Arun Jaitley, an upbeat Chief Minister said in the last 15 days, at least nine industrial projects have been rolled out as well as inaugurated.

''We have taken several new initiatives over the last one year to reduce physical interface in governance by leveraging technology in a big way. Our prime focus is to create world class infrastructure for investors,'' he said.

As part of the strategy, the Government is focusing on large investment regions in the form of national Investment and Manufacturing Zone at Kalinga Nagar, a Petroleum, Chemicals and Petrochemicals Investment Regions at Paradip and a port-based manufacturing zone at Dhamra.

Industry Secretary Sanjiv Chopra, who delivered a presentation on the State's initiatives, said in the last one decade, Odisha has attracted at least `2.88 lakh crore in investment which has provided employment to 1.75 lakh persons.

Naveen who chose to be expressive on the occasion said he has just one vested interest in the whole process and it was the progress of people of the State. He urged investors to join Odisha's growth story and promised to walk the extra mile to facilitate investment to promote growth and employment and reduce disparities.

Naveen, who felt that the investment summit would go a long way in carrying forward the Brand Odisha image, also met 19 industry leaders on the day.

Aditya Birla Group's Satis Pai, Gautam Adani of Adani Group, Chairperson of SBI Arundhati Bhattacharaya, Vedanta chief Anil Agarwal, Sanjay Mehrotra of SanDisk, SK Poddar of Adventz Group, Navneet Bhagat of Fortunex and Krishna maheswar, Kamal Maheswari, R Kirshnamurty and Prasahna Choudhury of Essel Group had a one-on-one with the CM.

CII president Naushad Forbes led a delegation of industry honchos to Naveen that included MD of Tata Steel TV Narendran, N Kumar of Sanmar Group, Vinod Sharma of Deki Electronic, Tom Albanees of Vedanta Resources, Vinayak Chatterjee of Feedback Infra, Ramesh Kymal of Gamesa Wind Turbines, Piruz Khamatta of Rasna Pvt Ltd, S Siva Kumar of Agri and IT Business of ITC, Ashwini Malhotra of Weikfield Foods Pvt Ltd, BK Goenka of Welspun Group, Sukaran Singh of TASL and B Thiagarajan of Blue Star.


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