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Investors’ summit in Mumbai to showcase state’s biz brilliance

Updated: February 12th, 2016, 00:43 IST
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Bhubaneswar: The state government would organise Orissa Investors’ Meet in Mumbai February 14 as part of the ‘Make in India Week’ being held in Mumbai, industries department officials said Thursday. 

During the meeting, Chief Minister Naveen Patnaik will hold one-to-one meetings with investors and delegations from Japan, China and other countries.
“The main objective of the meet will be to project the business environment in the state and highlight the reforms undertaken by the state government to enable ‘Ease of Doing Business’ for domestic and international investors,” said an official of the department.
During the meet, the state will unveil Industrial Development Plan: Vision 2025. The state will also launch the investment related integrated services on the e-Biz portal and the Central Inspection Framework online portal, the first-of-its-kind synchronised single inspection framework in India.
The event will be followed by a panel discussion with the industrialists from Orissa on the investment opportunities available in the state, government sources said.
The new Industrial Policy Resolution-2015 provides a variety of sops like concessional land, VAT reimbursement and electricity duty exemption to attract mega investment to the state. These things will be highlighted at the meet, officials said adding in ‘Ease of Doing Business’ ranking evaluated by World Bank, Orissa has secured 7th rank and the government is bringing second phase of reforms to enhance the rank.
Industries minister Debi Prasad Mishra, Chief Secretary, development commissioner, principal secretary to Industries department and other officials will accompany the CM to the meet.
NITI Aayog member Sunit Mazumdar, CII president Rajesh Adani, Aditya Birla Group’s chairman Kumar Mangalam Birla, Essar Group chairman Shashi Ruia, MD of Tata Steel Ltd TV Naarendran and others are expected to attend the meet, official added.  PNN

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