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Odisha offers best incentive for investors: CM Hyderabad

, Oct 17 : Inviting investors of the both Telugu states of Telangana and Andhra Pradesh to invest in the state, Odisha Chief Minister Naveen Patnaik on Monday evening that his government would provide ‘best incentive’ in the country and appealed to the investors to be a partner in the state’s growth. Addressing at a ‘Odisha investors meet’ here organized by Odisha Government in collaboration with the Federation of India Chambers of Commerce and Industry (FICCI) ahead Odisha Conclave 22 to showcase the state’s entrepreneurial prowess, Naveen Patnaik requested the industry leaders to participate in Make in Odisha Conclave (MIO)to be held in Bhubaneswar from November 30 to Dec 4, and be a partner in its transformational journey of Odisha. MIO’s aims to provide a platform for industry leaders from across the world to discuss a roadmap for industrial development in the coming years, he said “Odisha is one of the fastest growing economies in India and has consistently grown above the national average in the last decade and a half. We are fast emerging as a major industrial destination in the country because of our natural resource advantage and strategic location, the CM said Odisha’s abundant natural resources, skilled and productive human resources, progressive policies, and strong result-oriented governance provide a unique ecosystem. Today, Odisha is ranked among the top states in India in terms of live manufacturing investments and has been accorded the achievers status in the recently released ease of doing business ratings by the Government of India, he said. Through this Conclave we want to build new relationships and strengthen our old relationships with all of you, the CM added. Odisha Chief Secretary Suresh Chandra Mahapatra said best skilled development programmes in the state and skill hub of the East. Speaking on the occasion, Odisha state Principal Secretary (Industries) Hemant Sharma , who made a presentation about the industrial ecosystem in Odisha, said due to 22 years plus political stability, pro-progressive policies and Pro-people governance, the state is witnessing a fast industrial growth in the county. IDuring the last 2-years, the state generated Rs 4 lakh crore investments despite global pandemics, he said the state has rich minerals including iron ore, bauxite, manganese, nickel and coal. As many 36 representatives from various sectors from Telangana and Andhra Pradesh states have participated in the meet. Manoj Mishra, Secretary (, Electronics & IT Dept) highlighted the growth-focused and future-oriented IT Policy, Data Centre Policy, BPO Policy, and Electronics Policy brought in by the Odisha Government to further strengthen the ESDM and IT/ITeS sector and attract new investments into the state. Dr Omkar Rai, Executive Chairman, Start-Up Odisha focused on the ever-growing Start-up ecosystem in Odisha. Odisha Industries Minister Pratap Keshari Deb, stressed that “Under the visionary leadership of CM Naveen Patnaik , the state government has taken a Whole-of-Government approach toward service delivery to citizens and businesses. We are today becoming a destination of choice for investors across the country. He welcomed the Industry Captains; associations and their members present here to come and explore Odisha as your next investment destination” Earlier in the day, the Odisha CM met several senior industrialists across sectors to discuss their plans for Odisha and personally invited them to the Make in Odisha Conclave 22. During the discussions, Patnaik highlighted the major pro-business reforms undertaken by his government and asked the industrialists to explore Odisha as a potential destination for their businesses. Some of the major investors who met the Chief Minister for one-on-one G2B meetings included PricewaterhouseCoopers , Microsoft India, Bharat Biotech, Deloitte, Apollo Specialty Hospitals , KIMS, Ramky Group, Maha Cement , Sagar Cement Ltd and Oracle.

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