Bhubaneswar, Jan 25: The state plans to conduct roadshows in several countries and major cities of the country ahead of its Make in Odisha Conclave, scheduled to be held in November.
Bhubaneswar will host the event from November 11 to 15.
The roadshows are likely to be held in US, Germany, China, Japan and South Korea, sources said.
The state government has also looking to secure the participation of all ASEAN countries for the meet.
Recently, a high level state delegation participated in the ASEAN-India Business and Investment Meet organised in New Delhi and invited all ASEAN countries and investors to participate in the biennial global investor’s summit.
The department officials informed investors that the state government will have tailor-made policies and incentive framework to facilitate investments from the ASEAN region.
The delegation from Odisha also participated in the 42nd joint meeting of India-Japan Business Cooperation Committee (IJBCC) at TajMansingh in New Delhi and highlighted the investment opportunities offered in the six sectors identified as priority sectors by the state government: ancillary & downstream industry in metal sector; chemicals, plastics & petrochemicals; electronics manufacturing; food processing including seafood; textiles & apparel and tourism.
While talking at the ASEAN summit, Sanjeev Chopra, principal secretary, industries department, Odisha said: “Odisha is progressing like a juggernaut and growing faster than the national average. Recognised as the leader in implementation of business reforms, Odisha accounts for 7.5 per cent of total manufacturing investment made in India. Able and stable government, infrastructure led industrial development, pioneers in single window clearance procedures, highly skilled labour, sector specific industrial clusters and low cost of doing business are some of the factors that are driving the industrial growth in the state.
“With a network of 10,000 km of national and state highways and 2,540 km of rail corridor connecting the hinterland of resource-rich regions to the largest deep-water ports of Paradip and Dhamra on the east coast, we have ensured easy access to the markets of ASEAN region while offering new opportunities to its investors,” he was quoted as saying in an official release.
The investors were also informed about the key business reforms undertaken to facilitate the Ease of Doing Business in the state, including the recent launch of first of its kind single window portal for industries, GO SWIFT (Government of Odisha Single Window Investor Facilitation and Tracking) which serves the investors during the entire investment life cycle.
The state registered a GSDP growth rate of 7.94 per cent in 2016-17, surpassing the national growth rate of 7.1 per cent. Through its industrial development plan, ‘Vision 2025’, the government has set a target of generating employment for 30 lakh citizens by attracting investments worth Rs 2.5 lakh Crore in six focus sectors. (PNN)
