Bhubaneshwar: Odisha’s robust, dedicated and entrepreneur friendly food processing policy and guidelines make it a favourable destination for investing in the food processing sector. Realising that Food Processing is one of the most promising sectors in the Odisha with a high potential to grow in the future, the Industrial Promotion & Investment Corporation of Odisha (IPICOL) organised an interactive session on Food Processing Sector Industries. It was an attempt to showcase to potential investors and current stakeholders about the investment opportunities available in the state.
Odisha has been facilitating creation of an ideal business eco-system to make the state a hub in the eastern region. It is endowed with natural resources, long coastline and favorable climatic conditions for production of a variety of agri-produce, fruits, vegetables and marine produce.
The investment opportunities available in the state are:
- Food processing in sub-sectors such as Fisheries, Poultry, Cereals, Fruits and Vegetables, Nuts, Spices etc. and Packaging of Food Products.
- Infrastructure Development – Integrated Food Parks, Cold Storages and supporting Infrastructure
- Backward Integration & Skill Development
Minister of State (Independent Charge), Energy, Industries, Micro, Small & Medium Enterprises Captain Dibya Shankar Mishra invited the industry and entrepreneurs to invest in Odisha. “The Government will assist all the investors and industrialist to set up units in the state,” he said at the interactive session.