Odisha showcases biz potentials at Raipur Investors’ Meet

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Guests during Odisha Investors' Meet at Raipur

Bhubaneswar: Odisha today is at the brink of the ‘Industrial Revolution Next’ in the manufacturing sector, said Industries & MSME Minister Pratap Keshari Deb at Odisha Investors’ Meet at Raipur on Saturday.

Commencing the Raipur Roadshow, Deb emphasised Odisha Government’s commitment towards the State’s industrial landscape in 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.

The investors’ meet aimed at attracting investments in varied industry sectors and 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.

Addressing the gathering, Chief Secretary Pradeep Kumar Jena emphasised 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.

Principal Secretary of Industries Department and Chairman of IDCO and IPICOL Hemant Sharma delivered a comprehensive presentation on the robust industrial ecosystem in Odisha. He emphasised 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.

Sharma 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. Speaking about Odisha’s industrial readiness, Sharma stated, “Under the visionary leadership of Chief Minister Naveen Patnaik, Odisha is emerging as the Industrial Hub of the East and a gateway to the East and Southeast Asian Markets.”

The roadshow witnessed active participation from over 200 delegates representing various industries in Chhattisgarh. Representatives from leading companies such as Vedanta, JSPL shared their positive experiences of investing and operating in Odisha.

The session concluded with MD of IDCO & IPICOL Bhupendra Singh Poonia 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.