Odisha Holds Investors’ Meet at Raipur to Showcase Great Opportunities in State

Raipur/Bhubaneswar, July 17: The Government of Odisha has successfully organised Odisha Investors’ Meet at Raipur with a focus on attracting investments in varied industry sectors. The road show aimed to showcase the immense potential of Biju Economic Corridor along the Biju Expressway and favorable business environment offered by Odisha in these sectors, encouraging investors to explore opportunities in the State.

The event was graced by the presence of esteemed dignitaries, including Pratap Keshari Deb, Minister Energy, MSME and Industries, Pradeep Kumar Jena, Chief Secretary, Hemant Sharma, Principal Secretary of the Industries Department and Chairman of IDCO and IPICOL.

It witnessed active participation from over 200 delegates representing various industries in Chhattisgarh. The Industries Minister commenced the Raipur Roadshow by extending a warm welcome to all attendees. He emphasized the Government of Odisha's commitment to apprise the audience about the State's industrial landscape in the Metal Ancillaries and Food Processing sectors. He highlighted Odisha's remarkable progress and development, showcasing impressive growth rates in Gross State Domestic Product (GSDP) and its rapid industrialization.

He further stated that, under the dynamic leadership of Chief Minister Naveen Patnaik, Odisha today is at the brink of the ‘Industrial Revolution Next’ in the Manufacturing Sector. Addressing the esteemed gathering, the Chief Secretary emphasized Odisha's status as one of the fastest-growing economies in India.

He highlighted the State's consistent growth above the national average, driven by abundant natural resources and its strategic location catering to the ASEAN region. Jena emphasized the State's skilled and productive human resources, progressive policies, and result-oriented governance, creating a unique ecosystem for investors to establish their industrial units in Odisha. He welcomed industry captains, associations, and their members present at the event to explore Odisha as their next investment destination.

The Principal Secretary of the Industries Department and Chairman of IDCO and IPICOL delivered a comprehensive presentation on the robust industrial ecosystem in Odisha. He emphasized the state's conducive business environment, built on two decades of stable governance, high rankings in the Ease of Doing Business index, competitive cost of operations, effective investment facilitation, attractive incentives, and a skilled workforce.

He also shed light on the industrial parks and regions developed by the Government of Odisha to provide exceptional facilitation to investors across sectors. He further highlighted the growing markets in Eastern and North-Eastern parts of India, which present lucrative opportunities for businesses establishing their presence in Odisha.

Representatives from leading companies such as Vedanta and JSPL shared their positive experiences of investing and operating in Odisha. They praised the State's industrial infrastructure, streamlined processes through the single-window system, and the unwavering support received from the Government of Odisha.

The session concluded with Bhupendra Singh Poonia, MD IDCO and IPICOL, expressing heartfelt gratitude to all the investors for their participation in the Raipur Roadshow. He urged the investors to consider Odisha as their preferred investment destination.

In addition to the roadshow, the Government of Odisha Delegation held fruitful discussions with over 50 industry leaders from various sectors to understand their investment plans.