Odisha’s Industrial Leap The Secret Behind the ₹48,330 Crore Investment Surge

Big investment proposal from Gujarat. Odisha has received an investment promise of Rs 48,000 crore. The project will create about 68,000 jobs. Chief Minister Mohan Charan Majhi has returned to Odisha with an investment promise of Rs 48,330 crore at the investors’ summit in Gujarat.

Western India has already taken the lead in India’s industrial growth. Now, eastern India has to take the lead in developing India. Odisha is ready to take the lead in that change. Chief Minister Mohan Charan Majhi said this at the Odisha Investors’ Summit Road Show in Vadodara, Gujarat.

According to the vision of the East, the Chief Minister has positioned Odisha as the growth engine of eastern India and invited prominent industrialists from Gujarat to invest in Odisha. Describing Odisha as the gateway to India’s fastest growing trade corridor, he highlighted the state’s strategic advantage in connecting industries to East Asia, Southeast Asia and the Indo-Pacific markets through major ports of Paradip, Dhamra and Gopalpur.

Describing Odisha’s industrial ecosystem, the Chief Minister said that the state offers a strong combination of raw material availability, modern infrastructure, port-led logistics, policy stability and fast project execution. He said that Odisha is steadily transforming from a resource-based economy to a value-added manufacturing and advanced industrial hub. Reiterating the government’s focus on investor convenience, the Chief Minister assured of proactive support to industries through Odisha’s Single-Window Clearance Mechanism and Handholding Support System.

Industries Minister Sampada Chandra Swain said that Odisha is emerging as a natural industrial expansion hub for Eastern India as per the vision of Purvodo. He highlighted the state’s strong infrastructure, port logistics, stable industrial policy, skilled workforce and roadmap to build a prosperous Odisha by 2036. Chief Secretary Anu Garg and Additional Chief Secretary (Industry) Hemant Sharma were present at the investors’ summit.

More than 132 meetings were held at the Odisha Investors’ Summit held in Ahmedabad, Mundra and Vadodara. Out of which, 4 round table meetings were held. 2 investment promotion road shows were held in Ahmedabad and Vadodara. More than 200 industrialists, business associations and institutional partners participated in the Odisha Investors’ Summit held in Vadodara. In this, Odisha has got an investment potential of Rs 48,330 crore from Gujarat. All these projects will create more than 67,838 job opportunities.

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