By Our Correspondent
BHUBANESWAR: On Day two of ‘Make in Odisha Conclave 2022’, one of the largest investment summits in India, Business Leadership Talk was held on “Mineral Abundance: Opportunities forIndustry and State” in the presence of Shri Prafulla Kumar Mallik, Hon’ble Minister, Steel & Mines and Works, Govt. of Odisha and industry leaders from mining and metals sector.
Gracing the occasion, Shri Prafulla Kumar Mallik, Hon’ble Minister, Steel & Mines and Works, said that Odisha has abundance of minerals and has great opportunities for investors. He added that under the 5T intervention of the Govt. of Odisha, utmost transparency has been ensured through i3MS module. He also emphasized on adoption of technology to reduce adverse impact on environment and advised that the industry must focus on eco-friendly mining. Shri Deoranjan Kumar Singh, IAS, Principal Secretary, Department of Steel & Mines, spoke about the mineral auction, exploration, revamped LTL Policy and raw material evacuation plans of the Government of Odisha to further attract investors in the sector.
He highlighted that Govt. has plans to put in the best resources of Iron, Bauxite and Manganese blocks in the next phase of auction and said that exploration is one of the prime focus now with the Odisha Mining Exploration Corporation (OMECL) going for a complete resource mapping.
He further said that the long term linkage policy of Odisha Mining Corporation (OMC) has been revamped and rewritten as per which 80% of the minerals produced by OMC shall be given to long term linkage players to ensure that the small and medium industry players are also benefited from this.
He informed that the State Government is formulating a very robust mechanism for raw material evacuation plan which will substantially reduce the road transportation by prioritizing slurry pipe lines and rail network.
In the closing remarks, Shri Balwant Singh, IAS, Managing Director, OMC and OMECL reiterated that with the adoption of technologies, advanced logistics and progressive policies, I am sure we will attract interest from many investors at this flagship platform”.
The industry leaders also shared their views including Shri T.V Narendran, CEO & Managing Director, Tata Steel Limited; Shri Subhrakant Panda, President, FICCI and Managing Director, IMFA; Shri Dilip Oommen, Executive Vice President, AM/NS and CEO, Arcelor Mittal; Shri Bimlendra Jha, Managing Director, Jindal Steel & Power Limited; Shri Tuhin Mukherjee, Advisor, Essel Mining & Industries Limited; Shri Jayant Acharya, Deputy
Managing Director, JSW Steel Limited. The five-day event will conclude on Sunday, December 4 with a mega cultural event and the Conclave being open to the public.
About Make in Odisha Conclave 2022: The inaugural edition of the Make in Odisha Conclave was organized in 2016 to showcase the manufacturing prowess of the State and the investment potential in diverse sectors. It was an overwhelming success, with announcement of investment intent to the tune of INR 2.03 lakh crore. This year the Conclave will be a celebration of 5 days, presenting Odisha, its potential and achievements, to the world with Japan and Norway as partner countries. It will also be a platform to exchange ideas and share knowledge. The Conclave will have sector specific seminars across food processing, agro-business and agromarketing, chemicals petrochemicals and plastics, metal downstream and ancillaries, IT/ITeS, textiles and apparels, renewable energy and equipment, real estate & social infrastructure, healthcare and pharma, film and entertainment, tourism, biotechnology, logistics and warehousing, aerospace & defence apart from other engaging events.
