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CM launches new logo to attract investment

Sat, 28th Nov 2015 (Source:Times of India)

To attract more investment, the state government on Friday launched a new logo, Invest Odisha, which was launched by chief minister Naveen Patnaik during the inaugural function of CII Enterprise Odisha-2015 here on Friday.

The new logo signifies and embodies the change that Odisha is undergoing to become the investment destination of choice in India and the diverse investment opportunities that the state has to offer across different sectors, said Naveen while launching the logo.

According to the new industrial policy, the state government is now looking beyond the mines and mineral sector. To attract more investment, it has identified some thrust sectors, including chemicals, plastics, petrochemicals, downstream and ancillary, agro and sea food processing, electronics manufacturing and textiles.

Industries minister Debiprasad Mishra, who was present on the occasion, said the state government has set deadline for various clearances and approvals related to setting up of industries. For green category industries, the approvals are being provided within 15 days and for other industries, the approvals are being provided within 30 days, he added.

To make land easily available to the industries, the state government also decided to create a land bank of 1, 00,000 acres.

Industries secretary Sanjeev Chopra said in one of the first of its kind initiatives in the country, the state government is setting up a centralized inspection framework based on a computerized platform.

The platform would help different problems faced by the industries, he added. Recently, the World Bank ranked Odisha in the 7th position among all states in terms of ease of doing business.

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