By Bizodisha Bureau, Bhubaneswar, October 24, 2016 : About 800 companies so far have expressed their interest to participate in the three-day ‘Make In Odisha’ conclave scheduled to be held here from November 30 to December 2, being organised jointly by Odisha government and Department of Industrial Policy & Promotion (DIPP), Government of India.
The proposed Conclave aims to showcase manufacturing ecosystem in Odisha, highlight investment opportunities and elicit investment intentions from the corporate, an official of the Industries Department said adding that Odisha has prepared a shelf of over 125 projects which it will showcase at the upcoming mega event.
In a bid to make the show a grand success, Odisha government is holding pre-event investor reach-out activities like road shows have been planned in Hyderabad, Kolkata, Delhi and Pune from October 25.
Micro, Small and Medium Enterprises principal secretary L N Gupta informed that industries minister Debi Prasad Mishra, and officials would be present during the road shows.
“The government will showcase its newly introduced start up policy and land bank for green field projects during the day-long show,” he added.
While first pre-event meet will be held in Hyderabad on October 25, second event will be held in Pune on October 26 followed by Kolkata on October 27. The last and fourth road show will be held in Delhi in November first week.
Among the projects to be showcased for luring investments is the Petroleum, Chemicals & Petrochemicals Investment Region (PCPIR). The PCPIR is planned over 284 sq km straddling the coastal districts of Jagatsinghpur and Kendrapara. Investment opportunities exist in the areas of applications like integrated petrochemical products such as polyester chips, fibres, PET bottles, PET chips, sheets and thermoforming, industrial distillates, research & development and development of infrastructure.
Last week, chief minister Naveen Patnaik during a meet with envoys of at least 28 countries in New Delhi had claimed that owing to a favourable business climate, Odisha received investment assurances of around Rs 70,000 crore during the Make in India Week in Mumbai in February and Rs 90,000 crore during the Odisha Investors’ Meet in Bengaluru in August this year.
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