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Naveen lays stress on innovation

Fri, 15th Dec 2017 (Source:The Telegraph)

Odisha will lay greater emphasis on technology innovation and its adoption in all sectors of industry, chief minister Naveen Patnaik said here on Wednesday.

Speaking at the inaugural session of Enterprise Odisha, Naveen said: "The government is keen and emphatic of rapid industrialisation keeping in view gross economic development, employment generation and improvement of economic status of the economically-challenged people of the state."

Around 70 companies from various sectors - such as start-up, mining, iron and steel, plastic, oil and petroleum, IT services, fertilisers, MSME, agriculture, education, real estate and tourism - will take part in the event. Naveen further added that manufacturing would play a critical role in the economic development of Odisha through meaningful and judicious use of natural resources available in the state.

"We are encouraging MSMEs that could act as the feeder to the upcoming medium and large-scale industries. They could thereafter contribute substantially in creating employment," he said.

Top public and private companies along with banks such as SBI, Sidbi and Uco will also take part in the event. "It is a forum for leading firms to showcase the latest technologies and methods of production," said T.K. Chand, chairman of the Odisha chapter of the Confederation of Indian Industry, and chief managing director of Nalco.

The event will also feature sessions on manufacturing sector - scope and challenges, ease of doing business, mining, tourism and plastic. Yi Innovex, a contest of innovative ideas between start-ups, and a fund-raising workshop for start-ups, was also inaugurated as a part of the event.

The participants had an opportunity to learn from successful entrepreneurs about their journeys, the challenges they faced and the social impact their ventures created.

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