Odisha CM Naveen Patnaik to visit Japan in April first week with eye on investments
Chief minister Naveen Patnaik is planning to visit Japan in the first week of April to attract investors to Odisha, government sources said. “Preparations are on for the CM’s brief trip to Japan. He may meet some top investors there to boost foreign investments here,” a government official said.
Japan has been one of the country partners for Odisha’s flagship business summit, Make in Odisha (MIO), in the last two editions in 2018 and 2022. The CM-led delegation will showcase Odisha’s investment potential and friendly policies to attract investments in sectors such as food processing, chemicals, plastics and petrochemicals besides textiles, apparel and tourism. Naveen had addressed an overseas investment summit at Dubai in August last year where Odisha had received investment proposals of around Rs 22,000 crore.
On Friday, Industry Minister Pratap Keshari Mishra told the Assembly that Odisha has emerged as a preferred investment destination due to political stability and conducive business environment and the state has been able to translate 45% intents in the first two MIOs into actual investments.
The MIO Conclave 2022 generated investment intents of Rs 10.50 lakh crore with potential for 10.50 lakh employment. In the run-up to the event, Naveen had met several industry honchos in Delhi, Mumbai, Bengaluru, Ahmedabad and Hyderabad.
