Bhubaneswar: Asserting that Odisha is all set to become a major industrial hub very soon, Chief Minister Mohan Charan Majhi on Tuesday said that the state has received investment proposals four times more than the target set during the Utkarsh Odisha Conclave.
Speaking to reporters after the inauguration of the Utkarsh Odisha – Make In Odisha Conclave 2025 in Bhubaneswar, the Chief Minister said the volume of investment proposals took a big leap as the investors are highly encouraged by Prime Minister Narendra Modi’s assurances.
PM Modi while addressing the gathering at the grand event urged investors to tap Odisha’s immense potential and explore enormous opportunities, he said, adding that Modi stated that this is the right time to make investment in Odisha as more opportunities are opening up in the state.
Stating that the state had initially set a coal of attracting investment proposals to the tune of Rs five lakh crore, the Chief Minister said that the proposals received so far have surpassed this target, touching four times that amount.
“PM Modi urged both domestic and global investors to invest in Odisha. We had set a target of Rs 5 lakh crore, but we have received proposals four times that figure. Odisha is definitely on the path to becoming a major industrial hub,” Majhi said.
After inaugurating the global investment summit at Janata Maidan in the capital city, PM Modi emphasised that Odisha is now entering a new phase of growth, with opportunities across various sectors. He pointed out the state’s strategic location, rich cultural heritage, and the government’s commitment to improving the ease of doing business.
Utkarsh Odisha – Make in Odisha Conclave 2025 is a flagship Global Investment Summit, being hosted by the government of Odisha, which aims to position the state as the anchor of the Purvodaya vision as well as a leading investment destination and industrial hub in India. “Eastern India is a growth engine in the development of the country and Odisha plays a key role in this”, said the Prime Minister.
In his welcome address at the global summit, the Chief Minister said Odisha is not only the land of opportunities but going to be the driving engine of the country, especially in Eastern India as part of the Prime Minister’s vision of ‘Purvodaya’.
The state has the potential right from a rich and wide variety of natural resources, impressive road, rail and port infrastructure, decent air connectivity including direct flights to important business destinations like Dubai, Singapore, skilled workforce, a peaceful social fabric, a stable and forward-looking government and above all industry-friendly policies.
“As a precursor to this event, I had visited country’s business hubs like Delhi and Mumbai as well as Singapore to explore opportunities. I can now see the result of that interactions and the confidence you have reposed to come and invest in Odisha. Just a week ago, we had the privilege to welcome the Hon’ble President of Singapore and signed eight transformative MoUs with the leading Singaporean entities,” said CM Majhi.
