Naveen Patnaik national politics

Naveen asks for implementation of investment proposals

BHUBANESWAR: Odisha Chief Minister Naveen Patnaik on Friday directed the officials to take immediate steps for the implementation of the investment proposals received during the investment meet during the Make in India week at Mumbai.

The state received Rs 70,000 crore investment proposal from 14 companies while the government held a discussion with 26 companies.

Reviewing the project proposals, Patnaik also asked the officials to present the proposals before the state cabinet to obtain approval if required.

The investment proposals were mostly received mainly on food processing, hotel, mineral based industries, solar energy, IT, education, electronics, automobile manufacturing, waste management and smart city-related projects.

The Odisha stall at the Make in India pavilion at Mumbai generated considerable interest among investors and seen tremendous footfall. The investors showed a lot of interest in understanding the various state policies, business framework and industrial infrastructure facilities in the state.

In a significant departure from the past, there was a remarkable shift in investors’ interest in investing in non-mineral sectors in the state.