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Odisha CM Leaves For Delhi To Woo Investors With Aim To Attract Rs 5 Lakh Cr In 5 Years

by OB Bureau
October 2, 2024
in Featured, Odisha
Reading Time: 2 mins read
Odisha CM Leaves For Delhi To Woo Investors With Aim To Attract Rs 5 Lakh Cr In 5 Years
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Bhubaneswar: Chief Minister Mohan Charan Majhi left for New Delhi on Wednesday night on a two-day visit to the national capital to woo investors for Utkarsh Odisha: Make in Odisha Conclave, the state’s flagship global investors summit, slated to be held in Bhubaneswar on January 28-29, next year.

Shortly before his departure, the Chief Minister told reporters that he will hone one-to-one discussions with potential investors during his visit to Delhi. The main objective is to attract a large number of investors to set up their ventures in Odisha, he said.

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The CM said that the state government is targeting to attract Rs 5 lakh crore investments in five years and he will present proposals to both Indian and foreign industrialists and corporates during his visit to Delhi.

Majhi pointed out that his government has received Rs 45,000 crore investment proposals in the first 100 days.

Stating that his two-day Delhi visit aims to foster partnerships and attract investments for the upcoming event, by showcasing the potential and opportunities available in the state, Majhi said he is slated to attend an investors’ meet to invite them to Odisha.

The state government will host two high-profile events at New Delhi on Thursday as part of the curtain raiser of the fourth edition of Make-in-Odisha conclave ‘Utkarsh Odisha 2025′.
Talks will be held with different investors to set up units in important sectors like food processing, IT, chemicals and petro-chemicals, the CM said.

The Chief Minister is scheduled to address ambassadors of more than 10 countries in the first event where Odisha’s vibrant industrial ecosystem and emerging investment opportunities will be showcased to the global audience in the run-up to the mega investment summit.

The chief minister will chair the meeting, which will be attended by ambassadors, high commissioners, consul-generals, trade commissioners, and senior diplomats from across the globe. Majhi will personally invite global stakeholders to participate in Utkarsh Odisha to be held on January 28 and 29 in Bhubaneswar.

In the afternoon, G2B meetings have been planned where the chief minister will meet with prominent industry leaders and representatives from various sectoral associations. It will follow a curtain raiser for the conclave during which the state government will unveil the detailed programme of the investors’ summit.

The state will also host an interactive session with the CM and a roadshow for business leaders and industrialists from the Delhi NCR region in the evening.

The roadshow will emphasise the industrial ecosystem of Odisha, its robust infrastructure and opportunities for collaboration in sectors such as IT & ITeS, textiles, food processing, chemicals, petrochemicals, renewable energy, and electronics manufacturing.

Sources said Union Ministers Dharmendra Pradhan, Jual Oram and Ashwini Vaishnaw are slated to attend the events. Business leaders and investors from across sectors have been invited to explore how Odisha can serve as a key destination for their expansion plans. The Utkarsh Odisha conclave 2025 will be the largest ever industrial gathering in Odisha, building upon the state’s past successes.

The CM will be accompanied by a high-level delegation, including Industries and Skill Development and Technical Education Minister Sampad Chandra Swain, chief secretary Manoj Ahuja and principal secretary Hemant Sharma.

Last week, the CM had released the Utkarsh Odisha logo that symbolises Odisha’s vision for industrial leadership, deeply rooted in culture yet future-ready.

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