Odisha Industry Minister Attends The Global Chemicals & Petrochemicals Summit at Mumbai

Bhubaneswar: The two days summit on Global Chemicals & Petrochemicals Manufacturing Hubs in India was held at Mumbaitoday. The event was inaugurated by Shri D. V. Sadananda Gowda, Minister of Chemicals and Fertilizers, Ministry of Chemicals & Fertilizers, Government of India whereas Captain DibyaSankar Mishra,   Minister Industries, MSME, Energy & Home, Government of Odisha and Shri MekapatiGoutham Reddy, Hon’ble Minister for Industries, Commerce, Information Technology, and Government of Andhra Pradesh were attended as major speaker.

Addressing the gathering Captain Dibya Shankar Mishra, Hon’ble Minister Industries, MSME, Energy & Home, Govt. of Odishastated that Chemical & Petrochemicalsisoneof the six priority in the state of Odisha. The investment in petrochemicals will help in furthering common good and bringing profound impact in the lives of the poor and downtrodden bringing about a qualitative change in their lives. He stated that Odisha enjoyed a stable politicalenvironment, zero tolerance to corruption,low operation cost and a scamless single window scheme and is an ideal destination for investment.

On this occasion he also said that the State Government is giving special emphasis on the development of the Petroleum, Chemicals and petrochemicals Investment Region (PCPIR) at Paradip and the State Govt. has also developed a Plastics Park at Paradip. On behalf of the State Government he has invited all the investors for taking the business reforms and State-of –the-art infrastructure facilities in Odisha and setup manufacturing units in the State.

Mr Hemant Sharma Commissioner cum secretary, Industries/MSMEmade apresentation on petrochemicals and chemicals ecosystems in Odisha highlighting as how Odisha is the most favourableinvestment destination in the country. He said that Odishaenjoyed a competitive advantage in terms of low manpower costs,conducive power tariffs and low cost of living. Naturally endowed with coal, bauxite and chromium,Odisha is an ideal investmentdestination and with a revenue surplus budget which is well suited to address the concern of the industries.

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