Industry vows to invest `10.5L cr in Odisha
State receives 145 investment proposals, agri and food biz tops list
Odisha received an overall investment proposal worth Rs 10.5 lakh crore during the four-day ‘Make in Odisha Conclave 2022’, exceeding the sum total `6 lakh crore investment bagged in the first and second editions of the grand business meet held in 2016 and 2018, respectively.
As per the state government official sources, the investment would generate 10,37,701 employment opportunities across sectors from 741 companies.
The state government said that 145 proposals received were from metals, ancillary and downstream sector, 102 from agriculture and food processing, 87 from logistics and infrastructure, 41 from tourism, 37 from information technology, 32 from power, renewable and green energy, 28 from paper, wood and forest based industries, 22 from healthcare & pharmaceuticals, 26 from textile, apparels and technical textiles, 14 from agri-business, 10 from aerospace and defence, 10 from waste management, 7 from cement, 5 from startups, 2 each from education and glass, 6 from agri marketing, 1 from film and entertainment, 1 from electric vehicle and 12 from multiple other sectors along with 64 proposals from general manufacturing sector.
“The MIO Conclave 2022 witnessed registration from 18,785 delegates, including global leaders, industry captains, exhibitors, and participants from 11 countries which were Japan, Germany, Norway, Nepal, Bangladesh, Australia, Indonesia, Israel, China, Singapore and Thailand,” the official sources said.
Odisha CM Naveen Patnaik, while addressing the valedictory session on Saturday, said the Make in Odisha Conclave 2022 was a grand success.
“I am happy to announce that the Conclave has generated investment intents of `10.5 Lakh crore with an employment potential for 10,37,701 people. Let us all work hard to implement these investments on the ground and take Odisha to a new era of industryled growth,” the Chief Minister said.