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23 Aug 2018
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| Odisha Government (The
Total Investment & Insurance Solutions) |
The Odisha Government has tied up with Japan for
it mega investment Conclave 2018 to take place in November this year. The state
has already identified 600 acres near capital city Bhubaneswar that could serve
as a dedicated industrial park for Japanese investors.
While Japan will be ‘Country Partner’ to the Make in Odisha conclave, SBI is banking partner for the event. Making the announcement on Thursday, Chief Minister Naveen Patnaik said, “This will provide a new impetus to the relations between Odisha and Japan and open up varied sectors for collaboration. We also appreciate SBI coming onboard as the Banking Partner for the event.”
The Odisha CM will be traveling to promote the state at a roadshow organised in Delhi on September 12.
Patnaik today also started off, with a ground- breaking, of a bunch of private manufacturing projects of a cumulative investment of Rs 2,901.20 crore which his government claimed would together provide for 3,091 jobs.
A delegation led by the state’s Minister for Industries is scheduled to visit Tokyo later this month to pitch Odisha as an investment destination, particularly for food processing, seafood, chemicals, plastics and petrochemicals and downstream industries in the metals sector, electronics, textiles and tourism.
According to Sanjeev Chopra, Principal Secretary, Industries Department, Odisha seeks a deeper engagement with Japan, whose companies such as noodle- maker Nissin and refractory firm TRL Krosaki have been operating from Odisha for many years now. “We have also identified 600 acres of land near Bhubaneswar which can be developed as a multi-product dedicated industrial park for Japanese companies,” added Chopra.
While Japan will be ‘Country Partner’ to the Make in Odisha conclave, SBI is banking partner for the event. Making the announcement on Thursday, Chief Minister Naveen Patnaik said, “This will provide a new impetus to the relations between Odisha and Japan and open up varied sectors for collaboration. We also appreciate SBI coming onboard as the Banking Partner for the event.”
The Odisha CM will be traveling to promote the state at a roadshow organised in Delhi on September 12.
Patnaik today also started off, with a ground- breaking, of a bunch of private manufacturing projects of a cumulative investment of Rs 2,901.20 crore which his government claimed would together provide for 3,091 jobs.
A delegation led by the state’s Minister for Industries is scheduled to visit Tokyo later this month to pitch Odisha as an investment destination, particularly for food processing, seafood, chemicals, plastics and petrochemicals and downstream industries in the metals sector, electronics, textiles and tourism.
According to Sanjeev Chopra, Principal Secretary, Industries Department, Odisha seeks a deeper engagement with Japan, whose companies such as noodle- maker Nissin and refractory firm TRL Krosaki have been operating from Odisha for many years now. “We have also identified 600 acres of land near Bhubaneswar which can be developed as a multi-product dedicated industrial park for Japanese companies,” added Chopra.
The biennale Make in Odisha Conclave 2018 will be
held in Bhubaneswar from November 11-15. Patnaik’s government claims its investment friendly
policies and environment are reflected in the fact that out of the investment
intents received, close to 65 per cent of the projects are in various stages of
approval and implementation. The new projects taking off are also a reflection
of Odisha’s efforts to broad-base industrial development beyond the mineral-based
industries. The Total
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