By Bizodisha Bureau, Bhubaneswar, November 26, 2018: Odisha has received majority investment proposals in non-mineral sector in the recently concluded Make in Odisha Conclave 2018, officials said.

Of the 183 investment intents received in the lead up to and during the Make in Odisha Conclave 2018, 64% are greenfield projects in non-mineral sectors. More importantly, these greenfield projects in the non-mineral sector collectively have the potential to generate 2.3 lakh employment opportunities.

“It is encouraging to note that the majority of investment intents have been received for setting up new projects in non-mineral sectors which is a reflection of the tremendous opportunities Odisha provides across the focus sectors and validates the efficacy of investment promotion efforts by the State Government. While mining and metals have been the traditional mainstays of Odisha’s economy, the diversification of industrial base is critical for sustainable and employment-intensive industrial growth in the state,” industry principal secretary, Sanjeev Chopra said.

The sectoral break-up of investment intents in the non-mineral and metals segment showed that fertilizers, refinery & petrochemicals (20%), food processing (16.4%), textiles & apparel (9.3%) and logistics & infrastructure (6.55%) have attracted maximum investments.

The 10 largest greenfield non-mineral investment intents received have been given below.

 

 

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