By Bizodisha Bureau, Bhubaneswar, October 24, 2019: The Odisha government on Wednesday invited potential investors to invest in the food processing sector in the state.

“The government will assist all the investors and industrialists to set up units in the state,” minister of state (independent) for industries, Dibya Shankar Mishra said adding that food processing is one of the most promising sectors in the state with a high potential for growth. He was speaking on the occasion of an event to enlighten potential investors and current stakeholders on the investment opportunities in the food processing sector.

The event was organized by the Industrial Promotion and Investment Corporation of Odisha (IPICOL) here on Wednesday. With the country’s agro and food processing sector expected to reach a size of $530 billion by 2020, Odisha has been facilitating creation of an ideal business ecosystem to make the state a hub in the eastern region, the Minister said.

Odisha is endowed with natural resources, long coastline and favorable climatic conditions for production of a variety of agri-produce, fruits, vegetables and marine produce, he added. The state’s robust, dedicated and entrepreneur-friendly processing policy and guidelines, which make isha a favourable destination for investing in food processing sector, were highlighted in course of the session.