Odisha focusing on attracting investment, grounding of projects

Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Saturday said the state government is not just focusing on attracting new investments, but also on grounding the projects.

While addressing the 93rd Annual general meeting of Federation of Indian Chambers of Commerce & Industry (FICCI), the Chief Minister highlighted Odisha’s industrial growth in the last two decades by persuing of sound industrial policies and transforming of the state by value-addition to the vast natural resources it is endowed with.

The CM also stated that the state government is embarking upon the second phase of value addition through its vision 2030 plan, which aims at adding up to 50% value to the metals produced in the state, thereby opening up vast vistas for investment in the state.

The session started with the welcome address by Dr. Sangita Reddy, President, FICCI, Joint MD, Apollo Hospitals, who spoke about the investor-friendly industrial climate of Odisha.

This was followed by a video presentation on how the state of Odisha has transformed itself into an industrial powerhouse within two decades and how in spite of economic slowdown due to COVID-19, Odisha could get very high investments during this period.

Industry leaders Harsh Pati Singhania, MD, JK Paper Limited and Sandip Somany, MD, HSIL shared their experiences about robust industrial facilitation in Odisha and the support from the state government for industrial investments.

Uday Shankar, President-Elect, FICCI offered vote of thanks to the dignitaries and thanked the Odisha Government for helping the industries during the testing times.

He also thanked the CM for considering FICCI as the National Industry Partner for the upcoming Make in Odisha conclave and assured all the support from FICCI.