Large Investment Commitment from Industrialists in Make in Odisha 2018 Conclave
Odisha government is organizing the Make in Odisha Conclave 2018 in Bhubaneswar from November 11 to 15, 2018. On November 11, Shri Naveen Patnaik, the Chief Minister of Odisha inaugurated the business conclave.
On the second day of the conclave, distinguished industrialists from various sectors in India promised to invest in Odisha. Notable guests include RIL chairman Mukesh Ambani, Vedanta founder Anil Agarwal, Aditya Birla chairman Kumar Mangalam Birla, JSW Group chairman Sajjan Jindal, JSPL chairman Naveen Jindal, Tata group chairman N Chandrasekaran, among others.
On the second day of the conclave, distinguished industrialists from various sectors in India promised to invest in Odisha. Notable guests include RIL chairman Mukesh Ambani, Vedanta founder Anil Agarwal, Aditya Birla chairman Kumar Mangalam Birla, JSW Group chairman Sajjan Jindal, JSPL chairman Naveen Jindal, Tata group chairman N Chandrasekaran, among others.
Highlights from the conclave
- Mukesh Ambani promised to invest additional INR3,000 crores with the previous investment of INR6,000 crores.
- Naveen Jindal projected to invest over one lakh crores rupees to expand the Kalinga Nagar project. By 2030, Jindal steel will expand its production to 20 million tonnes.
- Tata will expand its Kalinga Nagar project from 3 million tonnes to 8 million tonnes with an additional invest of INR23,500 crores.
- Sajjan Jindal has high expectation from Odisha. He hopes Odisha will be a one trillion dollar economy in near future.
- Birla promised to invest INR14,500 crore in Odisha.
- Anil Agarwal stressed to encourage entrepreneurship in the state.
The Make In Odisha Conclave 2018 is the flagship biennial business event of the Government of Odisha. After the resounding success of the event in 2016, the State will be organizing the second edition of the marquee event at Bhubaneswar from November 11 to 15, 2018.
The conclave will showcase the policy & regulatory environment, investment opportunities across focus sectors and the manufacturing prowess of the State.
Shri Naveen Patnaik,
Chief Minister of Odisha
18+ Years of Stable and transparent Governance
Recognized as an Ideal Chief Minister 2018 by Bharatiya Chhatra Sansad and adjudged as the Best Administrator at the Outlook Speakout Awards, 2017
Odisha ranked First in investment implementation rate and consistently among the Top Three investment destinations in India
Highlights of Business Environment in Odisha
10 hours: Any Industrial Area to Port in the State
Home to :
Paradip: Largest port in India in terms of average output per ship-berth-day
Dhamra: Largest private port in Eastern India in terms of cargo handling capacity
A host of Investment regions and sector-specific clusters
8000 Km
Highways
2500 Km
Railway
1,25,000 acres
Industry Ready Land
Go SWIFT: First of its kind Single Window Portal in India to Ensure Investor Delight
Odisha Skill Development Authority (OSDA):
Dedicated authority to facilitate skill development to suit the needs of industries.
1,78,404 technical manpower graduating every year
Globally recognized Institutes of Higher Learning & Research in the domain of engineering, medicine, plastics technology and management
Development of first-of-its-kind World Skill Centre at Bhubaneswar
Most Cost Competitive State in India in terms of
Industrial Power Tariff Wage Rates Land Rates Cost of Living
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