Patnaik pledges to encourage Mumbai entrepreneurs to invest in Odisha

Mumbai Odisha Chief Minister Naveen Patnaik met investors in Mumbai to showcase the investment opportunities of the state to become a major investment destination in the country. Odisha State Government has organized ‘Make in Odisha Conclave’ from 30th November to 4th December 2022 in Bhubaneswar next month. In line with this, the Odisha government has invited entrepreneurs in the IT, metal downstream, renewable energy, chemicals, plastics and advanced electronic manufacturing sectors to invest in Mumbai.

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Chief Minister Patnaik told the investors’ meeting that Odisha is a leading state maintaining a strong growth rate of 10.1 per cent and has an investment-friendly environment for industries. Due to the natural resources and strategic location of the state, it is fast emerging as a major industrial center in the country. Odisha offers a unique ecosystem of abundant natural resources, efficient and productive human resources, progressive policies and strong result-oriented governance. Therefore, he appealed to more and more investors to come and invest in the state. He claimed that Rs 2 lakh crore and Rs 4.19 lakh crore have been invested in the state through such activities conducted earlier in 2016 and 2018 respectively.

During his three-day visit to Mumbai, Patnaik met prominent industrialists including Aditya Birla Group Chairman Kumar Mangalam Birla, Vedanta Resources Limited Chairman Anil Agarwal and Mihadara Group Chairman Anand Mihadara. He also met leading bank heads like State Bank Chairman Dinesh Kumar Khara, ICICI Bank Executive Director Rakesh Jha and HDFC Bank’s Arivad Vohra.

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