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Ground-breaking for 15 industrial units; 6 large investment proposals get the nod

Post News Network
Updated: November 3rd, 2018, 14:22 IST
in Business, Prime News
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Bhubaneswar: Odisha’s drive toward industrialisation received a twin push Saturday with Chief Minister Naveen Patnaik performing the ground-breaking for 15 industrial units and the High Level Clearance Authority (HLCA) clearing 6 mega manufacturing proposals.

The 15 units will collectively invest Rs 1807.92 crore and create employment opportunities for 8, 883 people while the 6 proposals entail investments to the tune of Rs 25,845 crore and have the potential to create 13,700 jobs across the state.  The HLCA is headed by the Chief Minister.

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Speaking after the ground-breaking ceremony here, Patnaik expressed satisfaction at the grounding of the industrial projects at a fast pace. “I am particularly happy to note that the private industrial policy of my government has seen good response from the investor community and we have performed ground-breaking of the industrial park at Dhamra, which will promote port-led manufacturing in the state,” he said recalling that in less than a year there have been ground-breaking or inauguration of 64 projects creating employment opportunities for more than 30,000 youth.

“This has only reaffirmed our position as the number one state in implementation of live manufacturing investments,” he said.

Patnaik said it was also the government’s focus to diversify industrial growth across the state adding that the maize processing plant at Nabarangpur will contribute significantly in creating new job opportunities for the people in the industrially backward district.

The 15 industrial units will provide employment to more than 8,800 people in the state, the Chief Minister said while congratulating all the concerned departments for their continuous efforts towards successful grounding of these projects.

The state provides unmatched facilitation mechanism to investors where the Chief Minister closely monitors the investment proposals leading to grounding of projects on time with all supporting infrastructure facilities. This assumes significance as Odisha is among the few states in India which is attracting big- ticket investment proposals in manufacturing consistently, official sources said.

 

PNN

Tags: Chief Minister Naveen Patnaikhigh level clearance authority (HLCA)Industrial units
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