Focus Sector

Tourism
Food Processing including Sea Food
Chemicals, Plastics & Petrochemicals
Electronics Manufacturing
Ancillary & Downstream Industries in Metal Sector
Textiles & Apparel
Tourism

Tourism

Over past six decades, tourism has continuously expanded and diversified with ever-increasing number of destinations, to become one of the largest and fastest-growing economic sectors in the world. In a broader sense, Tourism is about travel, travellers and visitors, which creates opportunities for various businesses and influences wide range of industries. These industries that provide consumption goods and services together constitute to the ‘Tourism Sector’. Hence, tourism is not only a growth engine but also an employment creator, impacting both the economic and socio-cultural development of a country. 

The Travel & Tourism (T&T) industry is the largest contributor to employment and economy, which is 9.8% of the global GDP (US $7.2 trillion) in 2015 (exceeding forecast of 9% contribution), including direct, indirect and induced impacts. Despite the slow economic growth, the tourism sector has shown significant resilience globally. Despite global economic uncertainty, the sector grew by 3.1%. This upward trend in T&T sector is likely to continue over next two decades, at an expected annual growth of 4% – faster than financial services, transport and manufacturing sectors. Tourism added 7.2 million jobs to the global economy, about 1 in 11 jobs globally. One job in the core tourism industry creates about one and half indirect jobs in tourism-related economy. Furthermore, for accommodation industry, for each of the core job supports three indirectly dependent jobs.

Odisha Tourism and Hospitality Sectoral Overview

Odisha is known for its scenic beauty, exquisite temples, extraordinary monuments, exquisite craftsmanship, wildlife sanctuaries, natural landscape and pristine beached all over the world. Tourism in Odisha has grown considerably in recent years on account of good infrastructure facilities, favourable government policies, improvement of existing tourist locations, development of new tourist destinations and strong growth of hotel and restaurant industry in the state.

  1. Tourism in Odisha is one of the main contributors to the Economy of Odisha (13% of GDP of Odisha). Blend with both forward and backward linkages, hospitality sector generate more than 92 thousand direct employment and 2.77 lakh indirect employments in the ratio of 1:3 in Odisha. Most tourists to Odisha come from West Bengal and Andhra Pradesh.
  2. Domestic and foreign tourist arrivals have been increasing continuously during last decade in Odisha with just 31.1 lakh domestic tourists and 22,854 foreign tourists in 2001 to 117.86 lakh domestic and 66,971 foreign tourists in 2015, posing an annual growth of 9.12 per cent
  3. There is an increasing trend in spending and average duration of a trip to Odisha for both domestic and foreign investors. The average spending of domestic and international tourist has increased by 6.4% and 20% respectively during FY2004-05 to FY2013-14. Almost 46% of the tourists visiting the state are from Western Europe.
  4. Odisha secured 3rd rank in terms of intensity of overnight domestic tourism, with an average of 541 trips per 100 households, as compared to the all-India average of 418 trips per 100 households. Therefore, the tourism intensity in Odisha is 29 per cent higher than the national-level tourism intensity. (source:National Council of Applied Economic Research, 2015)
  5. Odisha secured 4th rank with 552 trips per 100 households as against 440 for India. The rank for urban Odisha was 3rd with an average of 479 trips per 100 households as compared to 365 for urban India (source:National Council of Applied Economic Research, 2015) 
 

Sector Profile

Food Processing including Sea Food

Food Processing including Sea Food

Food industry is a $3.2 trillion industry worldwide. Only 6% of the processed food is currently traded worldwide. However, in the past two decades the global imports have increased at a CAGR of 5.56%, indicating an increase in processed food trading.

India is the 4th largest exporter of all agricultural products. India is also a major producer of grains, vegetables, fruits and animal products. With all these produces, Indian food processing industry is worth $135 billion and is expected to grow at a CAGR of 10%.

Odisha is one of India’s agriculturally rich states. It is one of the largest producer of fruits, rice, pulses and major crops in the country. Odisha has 363,000 hectares of area under agriculture and horticulture, which has been increasing over the years. The state houses a large poultry industry, which is recognized as an agricultural activity. The State has excellent potential in developing value added products from dairy.

With all the available resources, Odisha intents to be a major destination for investments in the agro/food processing sector. The state has identified agro and food processing infrastructure as a priority sector for interventions. As an initial step to encourage food processing infrastructure, the state houses 274,000 MT of cold storage facilities.

Recognizing the potential of Food processing industry, the state has formulated an exclusive Food processing policy in 2013 itself, providing incentives to units willing to set up food processing investments in the state. To provide fillip to the Food processing industry, the policy provides a one-time capital grant towards development of Food Parks.

To encourage investments in the sector, two Mega Food Parks are under development. These exclusive parks being developed in Rayagada and Khurda offer plug and play infrastructure with cold storage facilities, testing labs, skill development centers creating a complete ecosystem to the development of the industry.

The state has also identified the sector as a priority sector, as part of the IPR – 2015 and is according special incentives to the investor units.

Opportunities are abound in the field of rice processing, support infrastructure, vegetable processing and poultry sectors. Odisha welcomes investments in this sector and shall provide ‘single point’ services to the interested investors. Further details and information about the sector and incentives are available in the detailed profile.

Sea Food

India is the second largest producer of seafood in the world with its 8,118 km long coastline. India is also one of the largest exporters of shrimps to the markets of Europe, Japan and US. The exports has also seen an unprecedented 42.6% growth over 2013-14.

Odisha, with its long coastline of 480 km, has setup suitable infrastructures facilities to enable seafood processing such as marine fish landing centers, processing plants, marine crafts, ice plants, cold storages and peeling sheds.

An exclusive Sea Food Park is under development to boost the opportunities in the sector. The Greenfield cluster at Deras houses state-of-the-art common infrastructure for collective processing of seafood products. It houses exclusive common facilities for sea food processing like cold storage, pre-processing center, block ice factory, skill development center, polythene unit, R&D center, etc. It is the only such facility on the east coast of India. With all the required infrastructure and utilities available, this park will provide the necessary base to setup a competitive seafood unit.

The Industrial Policy 2015 has identified seafood processing as a thrust sector and has made special incentives for the development of this sector. Other than IPR, the Odisha Food Processing policy also provides for various incentive schemes for investors in this sector. Further details and information about the sector and incentives are available in the detailed profile.

 
Sector Profile
Chemicals, Plastics & Petrochemicals

Chemicals, Plastics & Petrochemicals

India is the fourth largest consumer of crude oil and petroleum products in the world. India is also the third largest producer of chemicals in Asia.

The sector has been growing significantly over the past few years. This can be substantiated by the 400% increase in the value of chemical exports from Odisha over years the last 2 years (2013-14 and 2012-13). PCPIR region in Paradip is being developed as world class infrastructure to provide a conducive business environment and promote and attract exclusive investments in the Petroleum, Chemicals, Petrochemicals and allied sector. It is one of the only four proposed PCPIRs in India and is also located near one of the largest freight ports in India, which provides a gate way to all the markets in Indo-China and eastern Asia.

Spread across an area of nearly 68,000 acres and with envisaged investment of USD 43.74 billion in numerous sectors such as Petroleum & Petro-Chemicals Sector, Chemicals & Fertilizers, Ancillary Sectors, Housing & Allied Infrastructure and External Infrastructure and it is one of the largest integrated investment regions in India.

Indian Oil Corporation Limited (IOCL), India’s biggest state-owned oil gas corporation is the anchor tenant of the project and has also committed to Petrochemical feedstock such as Polypropylene, Mono Ethylene Glycol, Paraxylene-Purified Terephthalic Acid (PTA) Complex and Petcoke Gasification from its refinery. The development shall be State-of-art with a combination of production units, public utilities, logistics, environmental protection mechanisms, residential areas and administrative offices and robust Infrastructure with efficient road network, effective water supply system and all modern facilities. The Industrial Policy also recognizes the sector as a Priority Sector and will incentivize all investments in this sector.

Further details and information about the sector and incentives are available in the detailed profile.

 
Sector Profile
Electronics Manufacturing

Electronics Manufacturing

IT/ITES and ESDM sector is a new industry, changing the face of knowledge economy. With the growing need for IT and hardware solutions across the globe, this sector has seen phenomenal growth in the recent past.

India is one of the major contributors to the international IT services market. The IT industry is expected to grow by 15% in the future and India will be a major software exporter. Odisha has attracted some of the largest IT companies in India. Bhubaneswar is home to the four largest IT companies in India, TCS, Infosys, Wipro and Mahindra Satyam. The State has created state-of-the-art infrastructure facilities equipped with plug-n-play facilities and abundant power supply to ensure smooth operation of IT sector.

Odisha has developed IT specific SEZs to cater to the demand of the sector. Large IT infrastructure initiatives such as Info Park, Info valley, Infocity and IT investment regions are under development giving a fillip to the IT/ITES sector.

Recognizing the strong footprint of the IT sector the state has identified ESDM as a priority sector. The presence of IT ecosystem coupled with an exclusive electronics manufacturing cluster shall establish Odisha as a major destination for ESDM investments.

The state has an exclusive ICT policy providing incentives and creating a sound ecosystem to the startup movement. The IPR 2015 identifies IT/ITES and ESDM as focus sectors.

Recognizing the importance of ESDM the government has announced a special incentive package scheme for the sector comprising of subsidy on fixed capital investment for plant & machinery, exemption from Entry Tax on acquisition of machinery and equipment, Training subsidy, etc.

Further details and information about the sector and incentives are available in the detailed profile.

Sector Profile
 
Ancillary & Downstream Industries in Metal Sector

Ancillary & Downstream Industries in Metal Sector

In India, the metal industry has witnessed an exponential growth. As one of the largest growing economies, India is a major consumer of metals such as steel, stainless steel and aluminium. India is the largest consumer of sponge iron in the world, second largest consumer of stainless steel and third largest consumer of finished steel. India is also the fourth largest crude steel producer and fifth largest aluminium producer in the world.

Odisha with its bountiful natural resources has always been the favorite investment destination in the metals sector. Odisha is the largest Aluminium producing State in the country with 54% of the aluminium smelting capacity. It is also the largest Stainless steel producer of the country and has 20% of the Steelmaking capacity of India.

With all the available resources, Odisha has huge potential for ancillary and downstream industries in the metal sector. The Government has been pro-active and pushing the envelope to come up with an array of Investment regions and Industrial Parks such as the Kalinganagar National Investment and Manufacturing Zone, Downstream Aluminum Park at Angul, Downstream Steel Park at Angul, Stainless Steel Industrial Park at Kalinganagar, etc. The industrial parks would have committed feedstock from the mother plants in the vicinity and world class infrastructure with enabling ecosystem.

Odisha invites investors to explore the large opportunities in the sector and reap the benefits of the investor friendly ecosystem. Further details and information about the sector and incentives are available in the detailed profile.

 
Textiles & Apparel

Textiles & Apparel

India is among the ten largest exporters of apparels in the world. India also ranks second in cotton and silk production, while leading the world in jute production. India is one of the cheapest countries in terms of cost competitiveness of the materials.

Odisha has a long history of textile industry. The handlooms of Odisha have gained worldwide acclaim and reputation for design and quality. Various designs have existed in Odisha such as Sambalpuri, Bomkei and Berhampuri. Odisha is also famous for its Ikat type of weaving.

Odisha is planning to setup two textile parks to encourage investments in these regions. These are integrated textile parks with common facilities and infrastructure to support the entire value chain in the sector. With abundance of cotton, the parks will have regular supply of raw materials. The State also proposes to setup cotton processing, spinning and weaving, textile and garment plants for investment across State.

The State has also created provisions for setup of technical textiles manufacturing, made from synthetic fibers for industrial uses, at the PCPIR in Paradip. The IPR identifies textiles as a Priority sector and provides many incentives for the investing units including technical textiles.

Further details and information about the sector and incentives are available in the detailed profile.

Sector Profile

News/Events

How Odisha turned around its fortunes in 18 years

13-Nov-2018

How Odisha turned around its fortunes in 18 years

Source:www.theweek.in

Odisha has put its best foot forward to woo the world and its investors with a plethora of incentives at the Make in Odisha Conclave this week. With assurances of Rs 1.38 lakh crore worth investment popping up without a sweat on Day 1 itself, the Naveen Patnaik government’s ambitious target of mopping up Rs 2.5 lakh crore worth of total investment seems effortless.

But beyond the impressive figures lie the real story of how Patnaik, through a clever mix of personality cult and administrative optimisation planned marquee events like the conclave to reinvent the image of his state (the state will host the Hockey World Cup in the next fortnight), which was infamous for cyclones and starvation deaths. Despite being rich in metals and minerals deposits (Odisha produces a quarter of India’s steel, half its aluminium and almost all of its chrome), the state had lagged behind in wealth generation as well as human development indices like poverty, health and education.

Patnaik’s long rule—he’s been chief minister since 2000—seems to have made a dent in that. Poverty levels have fallen while farmer incomes have doubled. Odisha is power and water resources surplus, which is an instant icebreaker for entrepreneurs. Educational institutions such as AIIMS, IIT and IIM have opened up, while the state’s growth rate at eight per cent is higher than the national average.

But when the first Make in Odisha meet took place two years ago, the odds were stacked firmly against it. After all, such government-business co-ordination meets were till then the preserve of advanced states like Gujarat and Kerala, and often a dicey proposition when it comes to the actual realisation of the promised investment once the event is over. 

That is where Odisha was comparatively successful. Its intrepid and resourceful sarkari machinery (Patnaik is believed to give a free-hand to his senior bureaucrats) not only got the big names and big promises out of them, they followed up on the realisation of the promised Rs 2 lakh crore investment and 124 investment intents from 2016. “About two-thirds of these projects are in various stages of implementation,” Patnaik said in his address at the second Conclave on Monday.

After the good start, Odisha is now aiming even higher—beyond the Rs 2.5 lakh crore target, the state now also wants to progress beyond just being a raw material provider to conventional industries. The aim is to attract investment in core areas like aerospace and defence manufacturing and food processing, and become a trading post by developing a system of deep water ports. “Apart from (existing ports) Paradip and Dhamra, we are developing deep water ports at Subarnarekha and Gopalpur, a riverine port on Mahanadi river and a chain of 12 other non-major ports,” explained Patnaik. The additional ports will help in faster delivery of raw materials onto the international sea routes on its coast towards manufacturing hubs like China, Korea and Japan.

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News/Events

  • How Odisha turned around its fortunes in 18 years

    How Odisha turned around its fortunes in 18 years

    www.theweek.in

    Odisha has put its best foot forward to woo the world and its investors with a plethora of incentives at the Make in Odisha Conclave this week. With assurances of Rs 1.38 lakh crore worth investment popping up without a sweat on Day 1 itself, the Naveen Patnaik government’s ambitious target of mopping up Rs 2.5 lakh crore worth of total investment seems effortless.

    But beyond the impressive figures lie the real story of how Patnaik, through a clever mix of personality cult and administrative optimisation planned marquee events like the conclave to reinvent the image of his state (the state will host the Hockey World Cup in the next fortnight), which was infamous for cyclones and starvation deaths. Despite being rich in metals and minerals deposits (Odisha produces a quarter of India’s steel, half its aluminium and almost all of its chrome), the state had lagged behind in wealth generation as well as human development indices like poverty, health and education.

    Patnaik’s long rule—he’s been chief minister since 2000—seems to have made a dent in that. Poverty levels have fallen while farmer incomes have doubled. Odisha is power and water resources surplus, which is an instant icebreaker for entrepreneurs. Educational institutions such as AIIMS, IIT and IIM have opened up, while the state’s growth rate at eight per cent is higher than the national average.

    But when the first Make in Odisha meet took place two years ago, the odds were stacked firmly against it. After all, such government-business co-ordination meets were till then the preserve of advanced states like Gujarat and Kerala, and often a dicey proposition when it comes to the actual realisation of the promised investment once the event is over. 

    That is where Odisha was comparatively successful. Its intrepid and resourceful sarkari machinery (Patnaik is believed to give a free-hand to his senior bureaucrats) not only got the big names and big promises out of them, they followed up on the realisation of the promised Rs 2 lakh crore investment and 124 investment intents from 2016. “About two-thirds of these projects are in various stages of implementation,” Patnaik said in his address at the second Conclave on Monday.

    After the good start, Odisha is now aiming even higher—beyond the Rs 2.5 lakh crore target, the state now also wants to progress beyond just being a raw material provider to conventional industries. The aim is to attract investment in core areas like aerospace and defence manufacturing and food processing, and become a trading post by developing a system of deep water ports. “Apart from (existing ports) Paradip and Dhamra, we are developing deep water ports at Subarnarekha and Gopalpur, a riverine port on Mahanadi river and a chain of 12 other non-major ports,” explained Patnaik. The additional ports will help in faster delivery of raw materials onto the international sea routes on its coast towards manufacturing hubs like China, Korea and Japan.

    Odisha has put its best foot forward to woo the world and its investors with a plethora of incentives at the Make in Odisha Conclave this week. With assurances of Rs 1.38 lakh ...

    13-Nov-2018

  • Make in Odisha conclave Government aims to implement 75 percent  of proposed investments

    Make in Odisha conclave Government aims to implement 75 percent of proposed investments

    www.cnbctv18.com

    The Odisha government is confident of implementing 75 percent of its Rs 4.19 lakh crore worth of investment at 'Make in Odisha' Conclave 2018.

    Speaking exclusively to CNBC-TV18, the state’s principal secretary (Industries), Sanjeev Chopra said that although the target was challenging, it would be possible.

    “The chief minister (Naveen Patnaik) has tasked us with ensuring that 75 percent of these proposed investments hit the ground in the next two years,” said Chopra.

    “Between 2004 and 2014, we signed 92 MoUs, 46 of which have gone into production. In the 2016 'Make in Odisha' Conclave, we got about 124 proposals, worth about Rs 2 lakh crore, and 65 percent of them are under different stages of implementation and approval. So, going by experience, a majority of investments this year will also hit the ground,” he added.

    The five-day 'Make In Odisha' Conclave got off to a rollicking start this year, with corporate honchos announcing big investment plans in Odisha.

    Tata Sons chairman, N Chandrasekaran, announced an additional Rs 25,000 crore investment in Tata Steel’s Kalinganagar plant, while Reliance Industries Ltd chairman, Mukesh Ambani, said Reliance Jio would add another Rs 3,000 crore to the company’s existing Rs 6,000 crore investment in the region.

    By the end of the two-day-long deliberations between the government and India Inc, Odisha chief minister Naveen Patnaik announced that the state had netted Rs 4,19,574 crore in investments, which had potential to create 5,91,000 jobs.

    The top investors were Haldia Petrochemicals (Rs 70,000 crore), Jindal Steel and Power Limited (Rs 60,950 crore), Mahanadi Coalfields Limited (Rs 58,997 crore), an unnamed Taiwanese company (Rs 43,000 crore) and the Steel Authority of India (Rs 41,400 crore).

    The Odisha government told CNBC-TV18 that a number of steel plants had agreed to set up downstream industries within the state.

    “This is particularly relevant for MSMEs, because we have huge mother plants of the Jindals, Tatas, Jindal, Bhushan and Vedanta, and most of these companies have entered into an agreement with the state government to set up downstream plants,” said Chopra.

    However, there was disappointment as well. The government’s two focus areas – food processing and defence – received only a lukewarm response from India Inc. Food processing saw investment of only around Rs 650 crore, albeit with big names like ITC and Britannia parting with nearly Rs 600 crore.

    CNBC-TV18 had reported that another focus area, aerospace and defence, saw only about Rs 1,650 crore from just one company – little-known Chivaro Technologies – despite names like Punj Lloyd and Lockheed Martin present at the summit. But the government maintains that it's not disappointed.

    “Unfortunately, the awareness levels very low about the state in general, and about the prospects of aerospace in particular,” said Chopra, responding to the story, “While we are talking about awareness, the sector across the country has seen much upturn. So it’s not a case only with Odisha but across the country, because these are based on offset obligations. It’s only a matter of time – maybe it will take 2-3 years before we are proved right."

    The Odisha government’s Vision 2030 is of importance as it mandates conversion of half the state’s steel production into finished products. This would mean that BEML’s suggestion to set-up a coach-making unit in Odisha could well see the light of day.

    “We always welcome these ideas and the state government has been proactively reaching out to the central government also because the railway ministry was looking at aluminum coaches,” said Chopra, “The coach-making factory is in the realm of the central government as well. We will work with them, to make it possible."

    The Odisha government is confident of implementing 75 percent of its Rs 4.19 lakh crore worth of investment at 'Make in Odisha' Conclave 2018. Speaking exclusively to ...

    14-Nov-2018

  • Make in Odisha: Rs 4.1 lakh crore investment proposals received

    Make in Odisha: Rs 4.1 lakh crore investment proposals received

    energy.economictimes.indiatimes.com

    New Delhi: The Make in Odisha conclave organised by Naveen Patnaik government in Odisha has witnessed investment proposals worth a whopping Rs 4.19 lakh crore for projects across 15 sectors that will create 5.91 lakh additional jobs.

    The second edition of the event held in Bhubaneswar saw participation of 5,074 industry leaders and delegates and 31,806 people visited the industrial expo set up by the state during the event for which Japan is the Partner Country.

    “The second edition of Make in Odisha Conclave 2018 has been a defining moment in the history of industrialization of Odisha. I am confident the policy ecosystem and investment opportunities showcased in the conclave, and the deliberations held at various sessions would help the state emerge as the most preferred investment destinations in the country,” Patnaik said.

    The investment proposals will help broad base the state’s industrial growth in sectors such as Chemicals and Fertilizers, Petrochemicals, Food Processing, Healthcare, Tourism, Renewable Energy and Electronics.

    Patnaik also announced that the next edition of the conclave will be held between 30 Nov 30 and 4 December, 2020.

    New Delhi: The Make in Odisha conclave organised by Naveen Patnaik government in Odisha has witnessed investment proposals worth a whopping Rs 4.19 lakh crore for projects across ...

    14-Nov-2018

  • Odisha's success story: What the rest of India can learn

    Odisha's success story: What the rest of India can learn

    www.theweek.in

     

    If someone were to tell you a few years ago that Odisha, the “backward” state on the east coast of the country, were to become one of the topmost business destinations, you would have probably laughed at their face. For long, the state was in news only for the wrong reasons—either it's cyclones, starvation deaths, or worse, atrocities against Christians or other minorities.

    Last week, as Odisha's long-serving Chief Minister Naveen Patnaik stood up to make his valedictory speech at the second Make in Odisha Conclave in the state capital Bhubaneswar, it was pretty evident that a paradigm shift had taken place. Not only did the state manage to get literally the who's who of Indian business (the big bosses from Reliance, Tata, Birla, Jindal, Adani, Vedanta etc, were all there) to attend the conclave, all of them came bearing gifts of additional investments. The icing on the cake? On the last day of the event, the total investments pledged came to a whopping 4.19 lakh crores, though the target from this conclave was Rs 2.5 lakh crore.
    And that may be just a start. “Odisha is one of the three states that can become a one trillion dollar economy,” observed Sajjan Jindal, chairman of JSW. A pretty satisfied Patnaik said in his valedictory speech that it has been “a defining moment in the history of industrialisation of Odisha.”
    So how did Odisha swing it? Other states, including relatively advanced ones like Gujarat and Kerala, too, have attempted such investment drives, but the results have not exactly been the same. What has Odisha done right that other states can learn from?
    Tom-tom your strengths
    Odisha is a state rich in minerals and metals, with a fifth of India's coal, a quarter of its iron ore, a third of bauxite and almost all its chromite. This has led to the establishment of many government PSUs, especially those making steel and aluminium in the state. The state has consistently pointed out to its rich natural reserves of minerals, and a wide coastline with closer access to the manufacturing hubs in China and rest of the east to attract new investors.
    Getting the basics right
    For far too long, entrepreneurs were worried about coming to the state because of its backward infrastructure and worries over getting skilled manpower. Odisha set out to rectify this over the past several years, constructing highways linking the far-off mineral rich districts to the ports, as well as the twin-cities of Cuttack-Bhubaneswar which had air and rail connectivity. The state is power surplus and has 11 per cent of the entire nation's water resources (presence of the massive Hirakud dam helps). These are statistics that automatically entice investors. Odisha has also established a range of higher educational centres like AIIMS and IIT to provide a catchment of skilled manpower required by businesses coming in. The 'smart city' tag the capital Bhubaneswar got also helps in a big way. Mukesh Ambani commented in his speech at the conclave how mobile data usage in Odisha is among the highest in the country.
    Businesses love stability
    While nothing much can be done to avoid natural disasters like cyclones, the negative stories from Odisha like starvation deaths and communal riots seem firmly a thing of the past. Even with cyclones, the state's intensive mobilisation to prevent losses—inspiringly called the 'zero casualty' target—during the last few cyclones (including last month's Titli) has earned kudos. Patnaik has been firmly in the saddle for the past 18 years and his stable rule and the lack of political or religious strife in the state in the last several years has given a shot in the arm to the government's efforts to woo investors.
    Make it easy
    The vast hinterland ripe for industrial townships, big factories and big business houses have found the ease of getting clearances—all regulatory departments are housed under one roof and provide time-bound approvals—and also allotting cheap land appears lucrative. Compare that to states like Gujarat and Maharashtra where land itself comes at a premium, or states like Kerala and West Bengal with their reactionary political landscape, and you can see why the likes of Tatas and Birlas have been making a beeline for erstwhile Kalinga.
    Planning for the future
    While its resources USP could bring in conventional industries like steel and aluminium makers, Odisha wants to be future forward. The areas it now wants to develop businesses range from aerospace and defence manufacturing, food processing and IT. Bhubaneswar winning awards for being a 'smart city' is something the state officials cannot stop paying lip service to. The idea, coupled with investing in technical institutes and skill development schemes in partnership with countries like Japan and Singapore, is to lure new age IT businesses to the state.
    Bureaucratic 'green' tape
    While most of India rues the bureaucratic red tape, in Odisha, it is quite the reverse. Politicians, led by the chief minister, are said to have taken a back seat, letting a team of efficient bureaucrats run the show, from planning and inviting businesses to facilitating their establishing outposts in the state. The difference was starkly visible at the investor events, where no other minister or politician hogged the limelight other than the chief minister. It was all top bureaucrats running the show, from Patnaik's powerful secretary V.K. Pandian to the principal secretary of industries, Sanjeev Chopra.
    Sustained efforts
    Unlike other states where the investor summits are the pivotal focus, Odisha's conclave is only a milestone in the ongoing process of attracting business and talent. The state machinery works at getting companies and business leaders to pledge funds after long sessions of presentations, deliberations and incentives much before the actual meet. And it doesn't end with a successful summit—officials, led by the CM, follow-up on the investment promises on a regular basis. This is why Patnaik could announce at the 2018 meet that out of the promises made at the previous conclave, two years ago, two-thirds have come in, and are in various stages of implementation.
    Branding is key
    With presentations, promotions, ancillary events and even a hashtag #iamodisha, the Make in Odisha Conclave often resembled more of a product launch event of a global consumer company than an investment summit organised by an Indian state. With other events like next week's Hockey World Cup taking place in the state and a calendar of events to keep Odisha highlighted on the national stage, the idea is to provide a positive spin on a state that has traditionally been considered backward. In the words of principal secretary Chopra, “The focus of the conclave was not just to propel industrial development further, but was to provide a platform to engage (investors) in the next phase of ...growth.” It definitely seems to be working.

      If someone were to tell you a few years ago that Odisha, the “backward” state on the east coast of the country, were to become one of the topmost business ...

    19-Nov-2018

  • Make in Odisha 2018: State to showcase its competitive advantages

    Make in Odisha 2018: State to showcase its competitive advantages

    www.theweek.in

    Odisha will highlight its competitive advantages before the global investor community in the upcoming Make in Odisha Conclave with an aim to increase the growth of manufacturing sector. The Make in Odisha Conclave 2018 will be held in Bhubaneswar from November 11 to 15. The government is also expected to come up with policies on bio-technology, Electronic System Design & Manufacturing (ESDM), food processing, healthcare investment, textiles, tourism and women empowerment at the event.

    According to Sanjeev Chopra, principal secretary of Odisha industries department, Make in Odisha Conclave 2018 is the flagship biennial business event of the state government. The inaugural edition of Make in Odisha Conclave had been organised in 2016 to showcase the manufacturing prowess of the state and the investment potential in various sectors. It was an overwhelming success with announcement of investment intent to the tune of Rs 2.03 lakh crores.

    The state government has also demonstrated strong commitment to deliver projects on ground which is reflected in the fact that, out of these investment received, close to 65 per cent projects are in various stages of approval and implementation. Chopra added, after the resounding success of first event in 2016, the state will be organising the second edition of the marque event to showcase the policy and regulatory environment, investment opportunities across focus sectors and the manufacturing prowess of the state. It will be a celebration over five days presenting Odisha, its potential and achievements to the world. It will also be a platform to exchange ideas and share knowledge. The conclave will have sector specific seminars across food processing, smart city, logistics and infrastructure, tourism, ESDM, manufacturing, aerospace and defence apart from engaging events.

    Chief Minister Naveen Patnaik had reviewed the preparedness for the event where in he said Odisha, for the first time, is becoming one of the most preferred investment destinations in the country and the thrust is to bring more diversified industries to provide higher employment opportunities to the people. Expressing happiness over various departments' initiative to organise sector specific seminars to showcase business ecosystem, the chief minister has asked all departments to plan and benchmark each event to global standards. Japan has agreed to partner the upcoming conclave. A team led by state's Industry Minister Ananta Das visited Japan and China to present roadshows for the purpose. Meanwhile,in the run-up to the conclave, the state government organised investors' meetings at Mumbai, Chennai and New Delhi, where chief minister and other top functionaries of the state government had interacted with captains of Indian Inc.

    Presenting the state's potential chief minister said, Odisha's natural strength lies in being a mineral rich state. During the last 18 years of his government, the state has focused on enhancing the production levels of key minerals and value added products. There has been a significant increase in the metal output and today, Odisha is home to major aluminium and steel companies of the country. Enhancing and strengthening the infrastructure has been a priority of the government. Accordingly, the state's port capacity has been increased ten times to 190 million. Similarly, power generation has increased more than threefold and the road network has increased by over 50 per cent. As per the chief minister, “a major focus area of my government has been to provide a transparent ecosystem for the industries.” The meetings with investors also highlighted the strategic advantages of Odisha such as the low cost of doing business, incentives for investors, dedicated sector specific clusters and over 1,20,000 acres of land bank available for industries.
    ASSOCHAM has ranked Odisha as the No.1 state in the country in terms of investment implementation rate and the state is consistently ranked among the top 3 states in terms of live manufacturing investments. Odisha has registered a GSDP growth rate of 7.94 per cent in 2016-17 surpassing the national growth rate of 7.1 per cent. In line with the theme of Make in Odisha Conclave 2018, a video has been launched on social media named 'Odisha: The ultimate investment destination' by the Industrial Promotion and Investment Corporation of Odisha (IPICOL). Sanjeev Chopra said, the idea behind the video was to creatively portray key strengths of Odisha as a preferred destination for manufacturing investments. It builds on the 'I AM ODISHA' campaign by succinctly capturing the economic development of the state over the past two decades.
    The state government will also make available all policy, cost of doing business and infrastructure related information through a single user friendly portal 'Invest Odisha'. The website, which was launched recently, helps the investors to compare the competitiveness of Odisha with other states as well as countries to enable them to take informed investment decisions. Last month, talking to investors at Delhi, chief minister highlighted his government's thrust on delivering projects on ground. He said, “during the last nine months we have successfully inaugurated or conducted groundbreaking ceremony for 50 projects worth investment of more than Rs 17,000 crore having employment opportunity for 21,000 people. This would not have been possible without using the mantra of three Ts—Teamwork, Technology and Transparency.” In fact, the Make in Odisha Conclave 2018 is trying to showcase this spirit in real sense.

    Odisha will highlight its competitive advantages before the global investor community in the upcoming Make in Odisha Conclave with an aim to increase the growth of manufacturing ...

    20-Oct-2018

  • Total S A, Adani group to jointly develop LNG regasification terminals in Odisha

    Total S A, Adani group to jointly develop LNG regasification terminals in Odisha

    www.thehindubusinessline.com

    Will also build a retail network of 1,500 service stations over a period of 10 years
    French energy giant Total S A and Adani Group will jointly develop liquefied natural gas (LNG) regasification terminals at Dhamra in Odisha and fuel the retail network of 1,500 service stations over 10 years.

    Both the companies have signed an agreement, but terms of the deal were not disclosed. Total is the world’s second largest LNG private player.

    The partnership has set a target of developing various regasification terminals, including Dhamra LNG, on the east coast of India. Most essentially it would be a big stride towards India’s vision of achieving a healthier energy mix through promotion of LNG.

    Total and Adani will create a joint venture to build a retail network of 1,500 service stations over a period of 10 years, on the main roads of the country, such as highways and intercity connections. The joint venture will strive to take advantage of a market growing at 4 per cent per year driven by the development of road infrastructure and the emergence of middle class.

    The planned service stations, in line with international standards, will offer Indian customers Total’s full line-up of fuels, lubricants, as well as a broad range of other products and services.

    Patrick Pouyanné, Chairman and CEO, Total, said: “India’s energy consumption will grow fastest among all major economies in the world over the next decade. The partnership between Total and the Adani Group illustrates our joint commitment to assisting India to diversify its energy mix and to ensure a supply of reliable, affordable and clean energy to consumers. We are thrilled to build this broad partnership with the Adani Group, benefiting from its in-depth knowledge of the Indian infrastructure and energy market, as well as its access to infrastructure through a significant footprint in several of the country’s key ports.”

    Will also build a retail network of 1,500 service stations over a period of 10 years French energy giant Total S A and Adani Group will jointly develop liquefied natural gas ...

    17-Oct-2018

  • JSW Steel aims to begin work on Odisha's 12 mn tonne steel plant in 2019-20

    JSW Steel aims to begin work on Odisha's 12 mn tonne steel plant in 2019-20

    www.business-standard.com

    JSW Steel has pledged Rs 550 billion investment on the mega steel plant and attendant infrastructure - a captive power plant, a slurry pipeline and pellet unit

    Sajjan Jindal-led JSW Steel aims to begin construction activity on a 12 million tonne mega steel plant proposed in Odisha's coastal area in the next financial year. The steel plant will be built in a staggered manner. In the first phase, a blast furnace with a 5 million tonne capacity will be commissioned.

    The JSW Steel project will be built at a site near Paradip abandoned by Posco India. The South Korean multinational in 2005 had announced a steel plant of 12 million tonne per annum (mtpa) with an investment of $12 billion. Later, Posco mothballed the mega steel plant and offered to give up the land handed over by the state government authorities. Odisha Industrial Infrastructure Development Corporation Ltd (Idco), the state-owned land agency had acquired 2700 acres of land for the Posco project. Out of this, 1700 acres was transferred to Posco India.


    Odisha's industries minister Anant Das recently said the land initially acquired for the Posco project has been allotted to JSW Steel. State officials maintain 2900 acres land has been allotted for the JSW Steel project.

    “We are committed to the Odisha steel plant. The project will be developed in phases. A consultant has been roped in to decide on the product mix of the plant. Work on the project will begin after we obtain all clearances”, a senior JSW Steel official said.

    ALSO READ: JSW Steel has strong financials, enough headroom to expand: Seshagiri Rao

    JSW Steel has pledged Rs 550 billion investment on the mega steel plant and attendant infrastructure - 900 Mw captive power plant, 32 million tonne pellet unit and a slurry pipeline to transport iron ore concentrates from Joda to the project site proposed near Paradip.

    In the first phase, JSW Steel will develop 2900 acres of land. The company in its original proposal submitted to the state government, had asked for 4500 acres.

    JSW Steel has formed a wholly owned subsidiary- JSW Utkal Steel Ltd to fasttrack the implementation of its 12 million tonne crude steel plant and other inter-linked projects in Odisha. While the steel plant was initially proposed to be developed by JSW Steel, another group company JSW Infrastructure got the clearance to build the slurry pipeline. The company had requested the state government to transfer all clearances and approvals to JSW Utkal Steel Ltd.

     

    JSW Steel has pledged Rs 550 billion investment on the mega steel plant and attendant infrastructure - a captive power plant, a slurry pipeline and pellet unit Sajjan ...

    08-Oct-2018

  • 72nd Survey of Projects Investment in India

    72nd Survey of Projects Investment in India

    http://projexsurvey.projectstoday.com

    Survey Highlights:

     

    Revival seen in the private sector investment in Q1 spilled over to Q2

    Central government stepped up its projex spending

    Slowdown seen in state government-sponsored projex

    Odisha, the most beneficiary state of fresh investment

    Andhra Pradesh attracted the highest private fresh projex

    After several lull quarters, projex revival seen in the Mining sector

    Mega projects in the Manufacturing sector reflect signs of revival

    Steel, cement, aluminium, automobiles and electronics attracted private investment

    Distressed thermal power projects face the heat of RBI guidelines

    Solar project promoters in a confused state

    Fresh projex from a couple of states to slow down further due to elections in December 2018

    Revival in construction activities, good monsoon and increase in rural demands augurs well for projex in India during 2018-19

     

    The 72nd Projex Investment Survey of Projects Today reveals that 2,826 new projects worth Rs 3,07,137.24 crore were announced in the second quarter of the current fiscal (Q2/FY19). Increase in the share of the Manufacturing sector in total fresh projex and successive second quarter growth in private projex are major findings of the 72nd Projex Survey.

     

    Fresh projex (projects expenditure) increased by an impressive 47.8 percent during Q2/FY19 as against a fall of 29.6 percent observed in Q1/FY19 on quarter-on-quarter basis. In Q1/FY19, 2,698 projects worth Rs 2,07,824 crore were announced. Further, the number of mega projects (investment of Rs 1,000 crore or more) also increased from 36 in Q1/FY19 to 40 in Q2/FY19. Mega projects reflect confidence of project promoters to commit more funds in the prevailing investment environment.

     

    Private projex growth rate impressive

    The private sector announced 226 more new projects in Q2/FY19 and showed signs of sustaining its increased fresh projex activities in Q2 too. As a result, fresh projex announced in Q2/FY19 increased by a healthy 35.3 percent on top of 21.1 percent growth recorded in Q1 of the current fiscal.

     

    In all, the sector saw announcement of fresh investment to the tune of Rs 1,23,062.9 crore in the form of 869 projects. In Q1/FY19 private promoters had announced 643 new projects entailing a total investment of Rs 90,980.6 crore. Cement, steel, electronics, automobile ancillaries and construction sectors witnessed increased fresh private investment in Q2/FY19.

     

    The three major South Indian states, Andhra Pradesh, Karnataka and Telangana, were the top three states favoured by private promoters.

     

    In all, 25 mega projects were announced by private companies in Q2/FY19. Of these, Rs 15,000 crore telephone equipment project of Reliance Industries Jio was the largest. Greenko Solar Energy’s Rs 7,000 crore solar power project in Karnataka; Gulf Petrochem’s Rs 3,600 crore bitumen refinery project in Gujarat and StreamCloud’s Rs 2,200 crore data centre in Maharashtra were the other prominent private projects announced during this quarter.

     

    The 15.9 percent fall in fresh investment by the state-owned agencies was fairly compensated by the Central government-owned entities. As a result, the total fresh projex by the government sector increased by a healthy 57.5 percent in Q2/FY19 of the current fiscal. In Q1/19, fresh projex by the government sector had recorded a decline of 47.4 percent on Q-o-Q basis.

     

    As against 2,052 government projects worth Rs 1,16,843.4 crore announced in Q1/FY19, around 1,957 new projects worth Rs 1,84,074.3 crore were announced in Q2/FY19. Aluminium, Petrochemicals, Railways, Roadways and Lignite Mining sectors saw large-size investment proposals from the government entities. The Dedicated Freight Corridor Corpn., National Aluminium Co, NLC India and the National Highways Authority of India announced mega investment plans during the latest quarter ended September 2018.

     

    Sectoral Growth

    The Infrastructure and Manufacturing sectors were the leaders in attracting fresh projex; the Electricity and Irrigation sectors were the laggards. The Mining sector saw new investment intentions being announced by sate-owned NLC India in Tamil Nadu.

     

    Within the Manufacturing sector the spread of fresh projects was wider than what was observed in the earlier quarters. Sub-sectors like Petrochemicals, Refinery, Steel, Aluminium, Cement, Electronics and Auto Ancillaries attracted sizeable fresh investment during Q2/FY19.

     

    The Mining sector, mired in policy setbacks and court orders, saw announcement of 33 new projects entailing a total investment of Rs 14,343.09 crore. An Rs 10,872 crore lignite mining project of NLC India in Tamil Nadu was the largest mining project announced in Q2/FY19.

     

    A number of thermal power projects promoters are busy in salvaging their already set-up power plants due to rising bad debts and increasing pressure from lenders and the tough stand taken by RBI on the issue of referring such projects to NCLT. Non-availability of regular fuel supply arrangements, defaults in payments by state Discoms, increased cost of borrowings, huge debt and unclear policy have not only affected the recently commissioned thermal power projects, but have also forced project promoters to go slow on projects which are currently in planning and under-execution stages. According to the latest reports, 34 thermal power projects with an estimated debt of Rs 1.77 lakh crore are lined up to be referred to NCLT.

     

    As against 59 new solar projects worth Rs 33,087.78 crore announced in Q1/FY19, only 32 new projects entailing a total investment of Rs 11,810.12 crore were announced in the quarter ended September 2018. The project promoters of solar projects are facing two major issues — hike in import duties on equipment and continuous falling tariffs. Reflecting this, new projex announcements came down in Q2/FY19. The government should address their concerns quickly so that its goal of achieving 20 GW from the Solar sector by 2020 is fulfilled. Non-availability of transmission lines is the other factor which has affected both Solar and Wind power projects.

     

    The infrastructure sector, comprising social and transport infrastructure, accounted for 55.11 percent of fresh projex announced during Q2/FY19. The 2,239 new projects announced in this sector, mostly owned by government entities, are expected to bring in fresh investment to the tune of Rs 1,69,268 crore, indicating a growth of 68.3 percent on Q-o-Q basis. While bulk of the increase in projex can be attributed to the Rs 56,749 crore East Corridor projects announced by the Dedicated Freight Corridor Corporation of India, sectors like Hospitals, Water Supply schemes, Roadways, Commercial Complexes and Real Estate received sizeable fresh investments compared with the preceding quarter.

     

    The national highways builder, NHAI, announced 26 new highways in Q2/FY19. Of these, the Rs 7,000 crore Ismailabad (Pehowa)-Charkhi Dadri-Narnaul Corridor Project was the largest. Post-monsoon, the highway building activities are expected to gather speed as the government intends to award 20,000 km and build 16,420 km new highways during FY19. The pace of road building has increased impressively in recent years from 12.05 km/day in 2013-14 to around 27 km/day in 2017-18. The ministry has set a rather steep goal of building 45 km/day during the current fiscal.

     

    Real Estate and Commercial Complexes, where the private sector dominates, saw impressive increase in fresh projects investment during Q2/FY19. The sectors saw announcement of 482 new projects worth Rs 29,749.38 crore in Q2/FY19. Compared with the preceding quarters projex statistics, this indicated a growth of 27.5 percent.

     

    Odisha on top

    Odisha topped the fresh projex table by cornering around 12 percent of the total fresh projex announced in Q2/FY19. Twin projects of National Aluminium worth Rs 20,522 crore and a mega cement project of Dalmia Cement helped the state in heading the table. Andhra Pradesh with 166 new projects worth Rs 31,104 crore ranked second. It was followed by Karnataka, Maharashtra and Gujarat. Together, these five states garnered around 42.8 percent of the total fresh projex emanated in Q2/FY19.

    Andhra Pradesh, favourite of Private Promoters

    Andhra Pradesh, traditionally one of the favourite investment destinations of the private sector, topped the table by bagging 78 new projects worth Rs 29,034 crores. Six of the 25 mega private projects (investment of Rs 1000 crore or more) are located in this state. Two other southern states – Karnataka (131 projects worth Rs 21,206 crore) and Telangana (116 projects worth Rs 15,540 crore) secured the second and third ranks.

    Gujarat with 119 projects worth Rs 13,759 crore and Odisha with 38 projects worth Rs 9,029 crore completed the list of top five private-sector-friendly states. The top five states together accounted for nearly three-fourth of the fresh private investment announced in Q2/FY19.

    Projex in 2018-19

    The continued buoyancy seen in fresh projex announcements by the private sector in Q2/FY19 augurs well for fresh capacity addition activities in the country. Good monsoon stabilized GST regime, revival in rural demand for consumer goods and sustained government spending on highways building and other related infrastructures should see further pick-up in project investment activities in coming quarters.

    Having said that, the falling rupee, rising oil prices and the fear of hike in interest rates are the challenges Indian project promoters will have to face in coming months. Further, the upcoming Assembly Elections in major states like Rajasthan, Madhya Pradesh, Chhattisgarh and Telangana will see a fall in state-sponsored fresh projex announcements in coming months.

     

    Survey Highlights:   Revival seen in the private sector investment in Q1 spilled over to Q2 Central government stepped up its projex spending Slowdown seen in ...

    04-Oct-2018

  • JSL-led SPV to invest Rs 7.7 billion on downstream park in Kalinganagar

    JSL-led SPV to invest Rs 7.7 billion on downstream park in Kalinganagar

    https://www.business-standard.com

    The park is billed to draw investments worth Rs 7.2 billion from 90 downstream units. The number of units will be in addition to the one installed by the anchor investor Leading stainless steel producer Jindal Stainless Ltd (JSL) will pump in Rs 7.7 billion via a special purpose vehicle (SPV), to develop external as well as socio-economic infrastructure on a downstream steel park in Kalinganagar, where it is the anchor investor.

    The park is billed to draw investments worth Rs 7.2 billion from 90 downstream units. The number of units will be in addition to the one installed by the anchor investor.

    While building trunk infrastructure such as roads will entail Rs 1.7 billion in investments, the rest will be devoted to creating social infrastructure, including accommodation for the employees.

    "The park will be adjacent to our facility, sprawling on about 300 acres of land. We are awaiting the allotment of land by the state authorities," said a JSL official.

    The park promises creation of direct jobs for 8,000 people. Besides, 10,000 others are projected to be indirect beneficiaries of the employment spin off.

    Investments valued at Rs 7.2 billion are expected to flow in to the park as per estimates by consulting firm CBRE. The park has got in-principle approval from the Odisha government.

    Development of downstream parks in metals sector augurs well for the state government as it prepares for its second showpiece investment summit, 'Make in Odisha' from November 11 to 15 this year.

    Ancillary and downstream industries in metals such as steel and aluminium are listed as one of the six focus sectors by the state government in its Industrial Policy Resolution (IPR), 2015.

    Despite accounting for around 20 per cent of the country’s crude steel output and leading others in stainless steel production, there is scarcely any downstream steel activity in the state. Odisha is home to leading steel makers like Tata Steel, Jindal Steel & Power Ltd (JSPL), Bhushan Steel and Jindal Stainless, to name a few manufacturers. Downstream steel parks are expected to provide impetus to value addition and boost steel consumption in the state. Although Odisha produces nearly 22 million tonnes of steel each year, hardly 10 per cent is consumed within the state due to lack of demand.

    Opportunities for downstream and ancillary industry in Odisha exist in areas like equipment manufacturing, foundries, flat and cold rolled products, fabrication, machining and precision equipment, appliances & white goods, auto components, fasteners and kitchenware.

    A report by leading consultancy KPMG has pegged the investment at Rs 12 billion on infrastructure development to develop a full-fledged ecosystem for downstream steel industries. It has suggested establishment of six downstream steel parks at Jharsuguda, Rourkela, Barbil, Paradip, Sambalpur and Dhenkanal for greater value addition of steel within the state with supplies of molten material from the mother plants. Each downstream park has the potential to create employment for approximately 5,000 people.

    The park is billed to draw investments worth Rs 7.2 billion from 90 downstream units. The number of units will be in addition to the one installed by the anchor investor Leading ...

    01-Oct-2018

  • Join the juggernaut, Odisha CM tells TN investors-test

    Join the juggernaut, Odisha CM tells TN investors-test

    https://www.thehindubusinessline.com/news/join-the-juggernaut-odisha-cm-tells-tn-investors/article25

    “Experience the countless opportunities my State has to offer and I also assure you unmatched facilitation support from my government.” This is Odisha Chief Minister Naveen Patnaik’s message to investors.

    Speaking at an investor meet organised by Odisha government in association with Federation of Indian Chamber of Commerce and Industry(FICCI) here on Wednesday, Patnaik invited the business community from Tamil Nadu to take part in the second edition of ‘Make in Odisha Conclave 2018’ and invest generously in the State.

    “Experience the countless opportunities my State has to offer and I also assure you unmatched facilitation support from my government.” This is Odisha Chief Minister ...

    28-Sep-2018

Mr. Gautam Adani, Chairman, Adani Group
Published on Mar 5, 2017

Mr. Gautam Adani, Chairman, Adani Group speaking at Make in Odisha conclave at Bhubaneswar

Mr Gautam Adani
Mr. Gautam Adani, Chairman, Adani Group

Published on Mar 5, 2017

Mr. Gautam Adani, Chairman, Adani Group speaking at Make in Odisha conclave at Bhubaneswar

Mr Sanjiv Puri
Mr. Sanjiv Puri, Managing Director, ITC Ltd.

Published on Mar 5, 2017

Mr. Sanjiv Puri, Managing Director, ITC Ltd. speaking at Make in Odisha conclave at Bhubaneswar

Dr Naushad Forbes
Dr. Naushad Forbes, Co-Chairman, Forbes Marshall

Published on Mar 5, 2017

Dr. Naushad Forbes, Co-Chairman, Forbes Marshall speaking at Make in Odisha conclave at Bhubaneswar

Mr Anil Agarwal
Mr. Anil Agarwal, Founder & Chaiman, Vedanta Resources

Published on Mar 5, 2017

Mr. Anil Agarwal, Founder & Chaiman, Vedanta Resources speaking at Make in Odisha conclave at Bhubaneswar

Mr Sajjan Jindal
Mr. Sajjan Jindal, Chairman, JSW Group

Published on Mar 5, 2017

Mr. Sajjan Jindal, Chairman, JSW Group speaking at Make in Odisha conclave at Bhubaneswar

Mr Saroj Kumar Poddar
Mr. Saroj Kumar Poddar, Chairman, Adventz Group

Published on Mar 5, 2017

Mr. Saroj Kumar Poddar speaking at Make in Odisha summit at Bhubaneswar

Mr Marc A Hoffman
Mr. Marc A Hoffman, CEO & MD, SMS India Pvt. Ltd.

Published on Mar 5, 2017

Mr. Gautam Adani, Chairman, Adani Group

Ms Arundhati Bhattacharya
Ms. Arundhati Bhattacharya, Former Chairperson, State Bank of India

Published on Mar 5, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Arun Jaitley
Mr. Arun Jaitley, Hon'ble Union Minister for Finance & Corporate Affairs

Published on Mar 5, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Ramesh Abhishek
Mr. Ramesh Abhishek, Secretary, DIPP

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Piyush Goyal
Mr. Piyush Goyal, Hon'ble Cabinet Ministers, Ministry of Coal, Ministry of Railways

Published on Mar 5, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Dharmendra Pradhan
Mr. Dharmendra Pradhan, Hon'ble Cabinet Ministers for Ministry of Petroleum and Natural Gas

Published on Mar 5, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr T. Krishnakumar
Mr. T. Krishnakumar, President, India and Southwest Asia, Hindustan Coca Cola Bevarages Pvt. Ltd.

Published on Mar 5, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr T.V. Narendran
Mr. T.V. Narendran, CEO & Managing Director, Tata Steel, India

Published on Mar 5, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Sashi Ruia
Mr. Sashi Ruia, Chairman, Essar Group

Published on Mar 5, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Sanjaj Mehrotra
Mr. Sanjaj Mehrotra, Co-Founder, Former President & CEO, Sandisk

Published on Mar 5, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Satish Pai
Mr. Satish Pai, MD, Hindalco

Published on Mar 5, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Y C Deveswar
Mr. Y C Deveswar, Chairman, ITC Limited

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr T V Narendran
Mr. T V Narendran, CEO & Managing Director, Tata Steel, India

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Sumit Majumder
Mr. Sumit Majumder, Former President, CII

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Sashi Ruia
Mr. Sashi Ruia, Chairman & Co-founder of Essar Group

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Santosh mohapatra
Mr. Santosh mohapatra, Former Director, Dhamara Port

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Ritesh Agarwal
Mr. Ritesh Agarwal, Founder & CEO, OYO Rooms

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Rajesh Adani
Mr. Rajesh Adani, MD, Adani Group

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Madhu Kannan
Mr. Madhu Kannan, Group Head for Business Development, Tata Sons

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr D Bhattacharya
Mr. D Bhattacharya, MD, Hindalco Industries Limited

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Bibek Debroy
Mr. Bibek Debroy, Member, NITI Aayog

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Kumar Mangalam Birla
Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr G.B.S. Raju
Mr. G.B.S. Raju, Chairman & MD, GMR Energy

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr C.N. Raghupati
Mr. C.N. Raghupati, Former Senior VP & Head, India Business, Infosys

Published on Mar 4, 2017

Mr. Gautam Adani, Chairman, Adani Group

Mr Amitabh Kant
Mr. Amitabh Kant, CEO of the NITI Aayog

Published on Mar 3, 2017

Mr. Gautam Adani, Chairman, Adani Group

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