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Make in Odisha conclave attracts over Rs 2 lakh investment intent

Orissa,National,Business/Economy, Fri, 02 Dec 2016 IANS

Bhubaneswar, Dec 2 (IANS) The Make in Odisha conclave, the state's biggest showpiece event, here has attracted over Rs two lakh crore investment intent in the state, Chief Minister Naveen Patnaik said on Friday.

The state received a total investment intent of Rs 2,03,270 crore.

"Through 'Make in Odisha', the state has received investment intent of over Rs two lakh crore," Patnaik said while addressing the industry players during the conclusion of the three-day conclave that began November 30.

"These proposed investments have the potential to generate 1.4 lakh additional jobs for the people of our state," he said, thanking industry leaders for reposing their faith in the state.

He also announced to organise the conclave biannually to realize its dream of Vision 2025 that envisages to attract investment worth Rs 2.5 lakh crore and to create employment opportunity for around 30 lakh people.

Out of the total investment proposals, there were investment proposals of Rs 97,911 crore in the mineral and metals sector, while the tourism sector received an investment proposal of Rs 2,076 crore.

An investment proposal of Rs 38,443 crore was received in infrastructure sector, while the power and regeneration sector received an investment proposal of Rs 29,932 crore.

The healthcare sector received Rs 1,392 crore while manufacturing sector received Rs 2685 crore investment proposal and fertiliser, chemical and petrochemical sector got Rs 27.23 thousand crore proposal, said state Industries Minister Debi Prasad Mishra.

He said food processing sector received Rs 2,101 crore while IT and ESDM sector received 1500 crore and textile and apparel sector Rs 172 crore.

Mishra said the industries like SAIL, Tata Steel, Adani group, National Thermal Power Corporation (NTPC), Indian Oil Corporation Ltd, JSPL are among the investors.

During the occasion, the Chief Minister announced to set up a convention centre and trade zone in the city with an investment of Rs 307 crore.

It will be named after Madhusudan Das, who pioneered industrialisation in Odisha.

--IANS

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