Naveen Patnaik urges industry to invest in Odisha ahead of flagship summit

The conclave, which is being organised after a gap of four years, will be held between November 30 and December 4 in its third edition

Naveen Patnaik, Odisha
Odisha Chief Minister Naveen Patnaik
Shreya NandiNikesh Singh
2 min read Last Updated : Aug 31 2022 | 11:33 PM IST
Ahead of Odisha's flagship investment summit — Make in Odisha — Chief Minister Naveen Patnaik on Wednesday urged businesses to come forward and invest in the mineral-rich state.

"I would request your excellencies to kindly consider being a Partner Country of Odisha during the conclave. As part of the MIO (Make in Odisha) Conclave’22, we are setting up an International Pavilion at the venue,” the chief minister said.

“From being a large agriculture based economy, we have become one of the leading industry driven economies in the last two decades. Odisha had abundant natural resources, skilled and productive human resources, and stable polity,” he said.

The third edition of the conclave will take off after a period of four years from 30 November to 4 December 2022.

Suresh Chandra Mahapatra, Odisha chief secretary also made a strong pitch for businesses to come and make investment not only in the minerals space, but also in new areas of investment such as petrochemicals, electric vehicles, among others.

“Odisha has been famous for trade and commerce. Today, Odisha is the largest producer of steel, stainless steel, and aluminium in India. We are emerging as a leader in sectors like chemicals and petrochemicals, textiles and apparel, IT and ITeS, Food Processing and others. We are also attracting investments in new age sectors like green hydrogen and green ammonia, data centers, Electric Vehicle and EV component manufacturing to name a few.” he said.

Hemant Sharma (IAS), Principal Secretary, Industries Department, Odisha said that the government of Odisha will use the conclave to showcase the vast existing and emerging opportunities in the state for the investors. 

“Through the Conclave, we want to build new relationships and strengthen our old relationships with all of you. We want you all to be a partner in Odisha’s growth story,” he said.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Odisha Odisha economyNaveen PatnaikInvestment

Next Story