“I am happy to share that Odisha is emerging as the ‘Manufacturing Hub of Eastern India’ and my government is working tirelessly towards developing the state into a ‘Manufacturing Hub of South Asia’. Targeting the development of a conducive environment for industrial development, my government has promulgated progressive policies and developed state-of-the-art infrastructure. We have seen a significant rise in attracting manufacturing projects with more than 118 large projects approved with an employment potential of 1,28,572 in the past four years alone in the state," Patnaik said.
During the meetings with investors, Odisha showcased its strengths --- low cost of doing business, incentives for investors, dedicated sector specific clusters and 125,000 acres of land bank earmarked for industrial development. Odisha's available industrial infrastructure at the National Investment & Manufacturing Zone (NIMZ) - Kalinganagar, food processing parks at Khordha and Chhatabar, textiles and apparel parks at Ramdaspur and Dhamnagar, aluminium downstream park at Angul and plastics park at Paradip was presented to the prospective investors. The state delegation aims to meet some more investors on Thursday and invite them to explore business opportunities.
At the inaugural edition of 'Make in Odisha', the state drew investments valued at Rs 2.03 trillion. Since the event, two ground-breaking ceremonies have been organised for 27 manufacturing units and inauguration for seven units valued at Rs 143.65 billion with an employment potential for 17,140 people.