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Sat, 12th Nov 2016 (Source:Times of India)
Around 700 industries in different sectors including many startups would participate in the Make in Odisha conclave scheduled to start here from November 30. Investors in smart city development, skill development and food processing sectors have expressed interest for the three-day conclave-- one of the biggest investors' meets in the history of Odisha, official sources said.
"The inaugural session would have industry big-shots like K M Birla, chairman of the Aditya Birla Group, Gautam Adani, chairman and founder of Adani Group, Venugopal Dhoot, chairman of Videocon Industries Limited and representatives from Hinduja Group have confirmed to participate in the conclave. Union finance minister Arun Jaitley would attend the valedictory session of the investment summit," industries secretary Sanjeev Chopra said after a preparatory meeting for the event.
Regarding foreign investment, Chopra said the resident commissioners' office in New Delhi is in touch with embassies of a number of countries. "We will soon get a clear picture regarding participation of foreign investors," he added.
The proposed investors' meet would be a great opportunity for the startups in Odisha. The Odisha government that recently came up with its startup policy has aimed to create around 1000 startups in next five years. "There would be seminars, exhibitions and competitions of new business ideas to encourage the young minds for startups. Young Indians (Yi)--a Confederation of Indian Industry (CII) wing would coordinate with the state government for the programme," Chopra said.
Sanjay Mehrotra, the Indian-American chief executive officer of SanDisk, a storage device manufacturing unit would also address a gathering of startups, official sources said. Briefing the media persons after the investment meet, chief secretary A P Padhi said Odisha would soon unveil its textile policy and MSME policy within next two weeks.
"The aim to unveil the policy before the investment meet is to make the investors aware about the incentives and other features in textile and MSME sectors in Odisha," said an officer. The conclave jointly organized in association with the Department of Industrial Policy & Promotion (DIPP) under the Union ministry of commerce would have total 280 stalls.
To woo investors to Odisha, the state government previously participated in the Make in India meet in Mumbai in February and Odisha Investors' Meet in Bengaluru recently.