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Odisha urges Telangana Inc to invest in the state

Wed, 26th Oct 2016 (Source:The Times of India)

The Odisha government on Tuesday organised a roadshow in Hyderabad to draw investors to its Make-in-Odisha conclave, which will be held during November 30-December 2, 2016, in the state's capital city -- Bhubaneswar.

"Odisha has a progressive industrial policy and robust industrial infrastructure ecosystem. Good governance, single window facilitation, best-in-class incentives, and above all, an industry-friendly state government, which is committed to making, starting and doing business an easier proposition, are reason enough for companies to set up operations in Odisha," said Odisha industries minister Debiprasad Mishra, who hobnobbed with around 30 top honchos of Hyderabad-based companies on Tuesday here. Some of those who met him include top brass of Penna Cements, Bharat Biotech, MIDHANI, KIMS, Hyderabad Foods Ltd, Virinchi Ltd, ADP and Konaseema Gas Power.

He said the state has identified key sectors such as metals, agro and seafood processing, electronics manufacturing, chemicals, plastics and petrochemicals and textiles, among others, to boost economic growth in the state. "We aim to attract investments to the tune of Rs 2.5 lakh crore and generate direct and indirect employment opportunities for 30 lakh people," Mishra said.

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