Make In Odisha Conclave: State Receives Rs 4.19 Lakh Cr Investment Intents

Bhubaneswar: The state government has received an enthusiastic response from the industries at the ongoing Make in Odisha Conclave 2018 with investment intents to the tune of Rs 4.19 lakh crore across 15 diversified sectors.

The state government has received the investment intent in mineral, metal and downstream, chemical and fertilizer, petrochemical, food processing, healthcare, tourism, renewable energy and electronics segments sectors.

Companies that have promised mega investments are Haladia Petrochemicals (Rs 70,000 crore), Jindal Steel & Power (Rs 60,950 crore), Mahanadi Coalfields (Rs 58,797 crore), Steel Authority of India (Rs 41,400 crore), Nalco (Rs 37,861 crore) and Taiwan-based company (Rs 43,000 crore).

Speaking on the occasion on Tuesday, Chief Minister Naveen Patnaik said the second edition of the Conclave has been a defining moment in the history of industrialisation of Odisha. “I am confident that the policy ecosystem and the investment opportunities showcased in the Conclave and the deliberations held in the various sessions would help Odisha emerge as the most preferred investment destinations in the country,” he added.

He further said that the Conclave witnessed an overall investment intent of Rs 4,19,574 crore which will create 5.91 lakh additional jobs. “My government will extend all necessary support to the industry and we are committed to ensure grounding of investment intents received during the conclave,” he pointed out.

The Chief Minister announced that the third edition of the Conclave will be held from November 30 to December 4 in 2020.


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