Odisha Investors ‘Meet:  Odisha now Best Destination for Investment, Naveen Patnaik tells Industry-IT Captains in Hyderabad

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Odisha Chief Minister Naveen Patnaik flanked by Industries, Energy and MSME Minister Pratap Keshari Deb, Chief Secretary SC Mohapatra, 5T Secretary VK Pandian and Industry Secretary Hemant Sharma, addressing the Odisha Investors’ Meet in Hyderabad on Monday.

By Our Correspondent

BHUBANESWAR:  Odisha Chief Minister Naveen Patnaik while addressing the Odisha Investors’ Meet jointly hosted by the State, with FICCI, in Hyderabad, invited top industry, and IT leaders to be partners in Odisha’s impressive growth story. The meet was attended by 350 delegates and 40 Government to Business interactions. 5T Secretary VK Pandian was present on this occasion.

The Chief Minister said, “The Make in Odisha Conclave’22 (MIO’ 22) will be held in Bhubaneswar from 30th November to 4th December 2022. I would request all the dignitaries and Industry leaders present here to kindly participate in Make in Odisha Conclave’22 and be a partner in this transformational journey of Odisha.”

, “MIO’22 aims to provide a platform for industry leaders from across the world to discuss a roadmap for industrial development in the coming years. A humble beginning was made in 2016, which saw a footfall of 18,500 and received over 120 investment intents valued at over Rs. 2 Lakh Crore. In 2018, we hosted the 2nd edition which raised the bar even higher, receiving an influx of 45,000 visitors, and investments worth over Rs. 4 Lakh Crore.” CM Patnaik  said

 “Odisha is one of the fastest growing economies in India and has consistently grown above the national average in the last decade and a half. We are fast emerging as a major industrial destination in India because of our natural resource advantage and strategic location. Odisha’s abundant natural resources, skilled and productive human resources, progressive policies, and strong result-oriented governance provide a unique ecosystem. Today, Odisha is ranked among the top states in India in terms of live manufacturing investments and has been accorded the achievers status in the recently released ease of doing business ratings by the Government of India.,” he said.

“Odisha is ranked among the top states of India in terms of live manufacturing investments and has been accorded the ‘Achiever’ status in the recently released Ease of Doing Business ratings. Odisha is in a take-off stage and will witness high growth in the next 10 years. We are now progressing fast in every sector,” added the Chief Minister.

“We have established Odisha Start-up Hub (O-Hub) in Bhubaneswar to provide a world-class incubation and co-working facility to state-based Startups. We have also set up the Odisha Youth Innovation Fund to support grassroots innovations, which are essentially technological solutions and the development of successful business models by youths in different sectors,” he added.

The Chief Minister highlighted the states’ two decades of stable governance, its position in the Ease of doing Business ranking, competitive cost of doing business, the impact of investment facilitation, best-in-class incentives, and highly skilled human resources, which helped the state achieve a distinct competitive advantage over others.

He also talked about the various industrial parks and regions the Government of Odisha had developed to provide best-in-class facilitation to investors across sectors. He mentioned that the markets in Eastern and North-Eastern India were on a faster growth trajectory than other parts of the country and Odisha provides industries with the best facilities to set up units to cater to these markets.

Industries, Energy and MSME Minister Pratap Keshari Deb stressed that under the visionary leadership of CM, the state government has taken a Whole-of-Government approach toward service delivery to citizens and businesses.

Chief Secretary Shri Suresh Chandra Mahapatra welcomed the august gathering and initiated the Odisha Investors’ Meet.

Shri Hemant Sharma, Principal Secretary, Industries Department, Skill Development & Technical Education and Chairman-IDCO and Chairman-IPICOL, Government of Odisha, made a presentation about the industrial ecosystem in Odisha and about the Make in Odisha Conclave’22 to the audience.

Shri Manoj Mishra, Secretary, Electronics & IT Department, Government of Odisha, spoke about the emerging IT/ITeS ecosystem in the state. He also highlighted the growth-focused and future-oriented IT Policy, Data Centre Policy, BPO Policy, and Electronics Policy brought in by the Government of Odisha to further strengthen the ESDM and IT/ITeS sector and attract new investments into the state.

Dr Omkar Rai, Executive Chairman, Start-Up Odisha, focused on the ever-growing Start-up ecosystem in Odisha. He informed the audience that Odisha has been recognized as a ‘Top Performer’ and a “Leader” by DPIIT, Government of India in States’ Start-up Ranking 2018 & 2019 respectively.” Among others,  Shri Arun Chawla, Director General, FICCI and Senior Officials from the industries Department & IPICOL were present.

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