Huge response from industrialists of Kolkata to invest in Odisha

•   Minister – Industries, MSME & Energy of Odisha met industrialists • More than 320 industry captains across sectors joined the meet • About 70 G-2-B meetings held with the intent to invest


Kolkata : The Government of Odisha, in collaboration with the Indian Chamber of Commerce (ICC) hosted Odisha Investors’ Meet at Kolkata. The meeting was led by a delegation comprising the Hon’bl Minister – Industries, MSME & Energy, Shri Pratap Keshari Deb, the Chief Secretary, Government of Odisha, Shri Suresh Chandra Mahapatra and the Principal Secretary, Industries Department, Government of Odisha, Shri Hemant Kumar Sharma who met some of the corporate captains from Kolkata during G2B meetings held in Kolkata today. After the massive success achieved in the MIO Conclave 2022, Odisha Investors’ Meet held in Kolkata further shows the government’s commitment towards drawing more investment from neighbouring states like Bengal. Prior to the MIO Conclave, the government had organized roadshows in Mumbai, Bangalore and Hyderabad and other cities where they had witnessed impressive participation. The delegates were welcomed by Shri Pradeep Sureka, Immediate Past President – ICC.
The meeting powered by the presence of the Minister as well as his bureaucrats ensured response from at least 320 delegates from Kolkata and around 70 closed-door (G2B) meetings with clear investment intent in Odisha. of A video on Industrial Ecosystem of Odisha was screened for all the participating industrialists. Shri. Hemant Sharma, Principal Secretary, Industries Department, Government of Odisha took the attendees through a presentation on business ecosystem of Odisha. Alongside ministers and government officials, the meet was also graced by industrialists who had previously invested in Odisha and have reaped favorable results. Illustrious industrialists like Shri Ashish Anupam, Managing Director, Tata Steel Long Products Ltd (TSPL), Shri Dhananjay Sahoo, General Manager – Indian Oil Corporation Ltd, Shri Shishir Jalan, President – Indian Plastic Federation, projected three completely different industry testimonials.
Addressing the esteemed guests, Hon’ble Minister – Industries, MSME & Energy, Shri Pratap Keshari Deb said, “ I am pleased to visit Kolkata and be amongst the most vibrant and entrepreneurial businessmen and women in the country. The city has been the motherland of trade and commerce for generations and has always been a hub of Industrial Manufacturing and Services. Our people have been migrating across borders for jobs, education, healthcare, tourism, trade, and other purposes forever. And hence, I am here to invite you all to come and explore Odisha from an investment perspective as well. I would like to reinforce the fact that Odisha is now ready, our Juggernaut is now flagged-off and we have taken off on a journey towards excellence. Under the visionary leadership and pro-industry approach of Hon’ble Chief Minister Shri Naveen Patnaik, Odisha is becoming a major industrial hub in India, by mastering the art of dovetailing economic prosperity with inclusive growth. We are today becoming a destination of choice for investors across the country. While the metal sector has been an inherent strength of Odisha, owing to our natural resource advantage, the Government of Odisha has taken proactive measures to broaden the industrial ecosystem in the state. We have many marquee companies like IOCL, IFFCO, Aditya Birla Fashion, Jockey, Parle Agro, Britannia, and ITC among others, who have set up large manufacturing and service units in the state, attracted by the availability of raw materials, trained and skilled manpower and low of cost of doing business in the state. Odisha is “India’s Best Kept Secret”, and I can see that as the secret is being revealed gradually, the Tourism Industry is going to expand manifolds. This is a great opportunity for businesses to establish Hotels, Resorts, Hospitality Facilities and other Infrastructure at tourist locations across Odisha. The food-processing sector is also a focus sector for our state. In terms of logistics and connectivity, with a 480-km long coastline, and 3 large ports at Paradeep, Gopalpur and Dhamra, Odisha is connected to the global shipping lanes and is the gateway to new markets in South and East Asia. Odisha is also a power-surplus state and has an abundance of water resources. In terms of the provision of utilities for investors, we can claim we are one of the best in the country. So, once again, I would like to invite all the industry leaders to come to Odisha, the land of Lord Jagannath and the emerging Industrial hub of India. We invite you to be our partner in this glorious and inclusive development story.”
Shri Suresh Chandra Mahapatra, Chief Secretary – Government of Odisha started off with extending the warmest greetings to all the government officials who were present at the meet along with the entrepreneurs and industry leaders. He said, “At the outset, I would like to thank you all for accepting our invitation and joining us to hear the Odisha Story of Industrial Growth and also explore the humongous potential that the state offers for every businessman in this room. As you must be aware, the Government of Odisha recently organized its Flagship Investor Meet, the Make in Odisha Conclave’22 from 30th Nov – 04th Dec 2022 at Bhubaneswar. The conclave was attended by more than 18,000 industry delegates and as mentioned by my colleague, attracted investments worth more than Rs. 10 lakh crore from across the country and various sectors. From a predominantly agrarian economy to being the Industrial Hub of the East, the past two decades have been the story of the rise of Odisha, a rise that’s yet to hit its peak. The state, with continuous support from its industry partners, has been able to build a robust industrial infrastructure and a flourishing industry setup. Today we are joined by leaders and entrepreneurs from sectors like Metals, Chemicals, Plastics, Petrochemicals, Textile & Apparel, and Tourism among others. These traditional sectors, along with multiple New Age Sectors are being actively promoted by my Government. The state is taking further steps for value addition in these sectors. One such initiative is the “Skilled in Odisha” program, which has become a brand in itself. The state is looking at broad-basing the industrial presence and driving sustainability of the industrial landscape. As many as 20 sectors have been identified under Priority and Thrust Sector Categories in the IPR 2022, which means the state is ready to host and accommodate all futuristic industrial establishments. Also, the government is taking pioneering policy measures for promoting Green Industrial Practices and Decarbonization of the Manufacturing processes by polluting industries. Through this meet, we want to build new relationships and strengthen our old relationships with all of you. We want you all to be a partner in Odisha’s growth story”
After extending thanks to all the delegates, Shri Kalyan Charan Mohanty ,Executive Director – IPICOL urged everyone to explore Odisha for future investment and expansion plans. He also assured all of the continuous hand-holding support from the government, from allocation of land to getting necessary clearances to providing factory gate availability of power and water, and also ensuring a successful operation post setting up in Odisha.

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