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Odisha Rolls Out Red carpet for the Global Investors

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Make in Odisha Conclave’22. 

Kicker: Focused leadership, political stability, policy certainty, and Skilled human resources are projected as enabling factors the state has to offer to investors.

projected 

Odishish is the key to India’s Growth & minerals. 

Investors meet,’ conclave 2022 ‘was organised by the government of Odisha in collaboration with FICCI in three main cities, Hyderabad, Bangalore & Mumbai. The grand finale was held in Bhubaneswar on xx Nov 2022. 

The Make in Odisha (MIO) Conclave’22 had an array of events such as ‘Business Leadership Talks,’ ‘Sectoral Sessions,’ ‘Start-up Session,’ and ‘Women Entrepreneurship Sessions,’ along with Cultural Programs. 

Hemant Sharma, Principal Secretary, Industries Department, Skill Development & Technical

Education and Chairman-IDCO and Chairman-IPICOL, Government of Odisha, presented to potential investors an overview of the industrial ecosystem in Odisha and the Make in Odisha Conclave’22. The Principal Secretary highlighted that his government provides “focused leadership and political stability”, which delivers “strong foundations of governance” through “policy certainty”, which is a critical decision-making parameter for all investors. 

Pratap Keshari Deb, the MSME & Energy Minister Government of Odisha, stressed that

under the visionary leadership of our CM, the state government has taken “a Whole-of-Government approach toward service delivery to citizens and businesses. We are today becoming a destination of choice for investors across the country.”

Delivering Growth above National Average 

According to Sharma, Odisha has delivered progressive policies and pro-people governance in the last two decades, and thus, the state has given one of the

best growth rates in the country. As a result, Odisha’s economy has grown above the national average of 10.1 per cent over the last few years.

He further drew the attention of investors towards a pre-independence gazetteer on Orissa prepared by the British, which states that “every mineral important to mankind is mined in Orissa”, and he said it is absolutely true”. In the last two years, Odisha has attracted Investments of upwards of Indian rupees 4 lakh crores.”

According to Manoj Mishra, Secretary of Electronics & IT Department, Government of Odisha, who spoke at the event, said, the state has a growth-focused and future-oriented IT Policy, Data Centre Policy, BPO Policy, and Electronics Policy which aims to strengthen the ESDM and IT/ITeS sector.

Mineral Hub of India

There is a reason why Orissa is the mineral Hub of India- the state is the largest producer of iron ore,

bauxite manganese, chromite and coal. In Orissa, rare minerals such as chromite, manganese, nickel and silica are also mined.

The strategically located Metal Manufacturing regions are inherently connected to facilitate export & import through Paradip, Dhamra, and Gopalpur ports which connect the state with global shipping lanes.

In addition, the state has industrial parks and regions that were developed to provide best-in-class facilitation to investors across sectors.

Skilled & Disciplined workforce:

Odisha boosts its skilled & most disciplined workforce in addition to a vibrant and encouraging business ecosystem.

O-Hub & Odisha Innovation Fund

Orissa has established O-Hub and Odisha Innovation Fund, which provides a world-class

incubation and co-working facility to state-based Startups. The state has also set up the Odisha Youth Innovation Fund to support grassroots innovations that are essentially technological solutions and the development of successful business models by youths in different sectors. 

Tops National Startup Ranking 

According to Dr Omkar Rai, Executive Chairman, Start-Up Odisha, the state, twice in the Year 2018 & 2019, was recognised as a ‘Top Performer’ and a “Leader” by DPIIT, Government of India, in the States’ Start-up Ranking.

MIO’22 aims to provide a platform for industry leaders worldwide 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. 

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