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

Tooba Maher
Tooba Maher

The Make in Odisha conclave organized by Naveen Patnaik government in Odisha aims to establish the state as the preferred destination in India for the development of healthcare and textile sectors.

Interestingly, the conclave has now witnessed investment proposals worth Rs 4.19 lakh crore for projects across 15 sectors that will create around 5.91 lakh additional jobs.

Speaking on the third day of Make in Odisha conclave, CM Naveen Patnaik said, “Our aim is not only to make the youths industry ready but also to make them skilled in future technology. My government will extend all necessary support to the industry and we are committed to ensuring grounding of investment intents received during the conclave.”

He further added, “I am confident that the policy ecosystem and the investment opportunities showcased in the conclave and the deliberations held in various sessions would help the state emerge as the most preferred investment destinations in the country.”

Patnaik also announced that the third edition of the conclave will be held from November 30 to December 4 in 2020. The major investment sectors are IT, fertilizer, petro chemicals, food processing, health, infrastructure, ESDM, metals, minerals, manufacturing, textiles and tourism.

The second edition of Make in Odisha conclave 2018 in Bhubaneswar has participation of 5,074 industry leaders and delegates. Whereas 31,806 people visited the industrial expo set up. The companies that agreed to make investments are Haladia Petrochemicals (Rs 70,000 crore), Jindal Steel And Power (Rs 60,950), Mahanadi Coalfields (Rs 58,797 crore), Steel Authority Of India (Rs 41,400 crore), Nalco (Rs 37,861 crore) and a Taiwan company (Rs 43,000 crore) in petrochemicals.

 The Federation of Indian Chambers Of Commerce and Industry (FICCI) is the industry partner and Japan is the partner country for the five day (11-15 November) “Make in Odisha Conclave.”

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