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

Channelling CSR spending : CSR activities must now attempt to reach underinvested areas for enhanced impact

25-Dec-2018

Channelling CSR spending : CSR activities must now attempt to reach underinvested areas for enhanced impact

Source:http://www.millenniumpost.in

W Edwards Deming, the noted American statistician, once said, "In God we trust. All others must bring data." Thanks to the National CSR Data Portal, launched earlier this year, data on CSR spending by companies is now publicly available. In addition to providing state/UT-wise, district-wise and development sector-wise spending details, it also offers information on expenditure by different companies. It sources this data from information filed by companies on the MCA21 registry in their financial statements. A look at the comparative charts on this portal makes three things abundantly clear. Let's take figures for FY 2016-17. First, there is a huge difference in the geographical distribution of money spent on CSR. While Maharashtra managed to get the maximum at Rs 2,222.25 crore, Mizoram, Nagaland, Lakshadweep and Andaman & Nicobar Islands got less than Rs 1 crore. Second, even within a state or UT, spending may not be uniform. In Delhi, of 11 districts, Shahdara did not attract CSR funds. In West Bengal, while Kolkata got Rs 95 crore, many districts including Cooch Behar did not get any share of CSR money. Third, even across development sectors, while the 'Education, Differently Abled, Livelihood' sector got the maximum share of CSR spending at Rs 5,123.83 crore, Clean Ganga Fund got the minimum at Rs 24.23 crore. Many have highlighted this inequality in the geographical and sectoral distribution of CSR spending. Some have raised concerns of duplication of effort in some and exclusion of others.
To put this in perspective, let's look at the legal provisions. Companies Act, 2013 introduced the CSR provision in law. Section 135 mandates companies with a net worth of Rs 500 crore or more, turnover of Rs 1,000 crore or more or net profit of Rs 5 crore or more during the immediately preceding financial year, to set up a CSR Committee of the Board. This Committee needs to formulate a CSR Policy indicating activities in areas or subjects listed in Schedule VII of the Act. In every financial year, these companies need to spend at least 2 per cent of their average net profits made during three immediately preceding financial years on activities as per their CSR Policy. The provision clearly states that "…the company shall give preference to the local area and areas around it where it operates, for spending the amount earmarked for Corporate Social Responsibility activities". Many have held this to be responsible for certain areas being left out.

Schedule VII enumerates activities that companies can pursue. It covers diverse issues like poverty eradication, health, sanitation, education, gender equality, environment, heritage protection and sports. Companies are at liberty to choose from these. It is quite possible that local area preference may also limit the sectors where one can spend. Further, as some point out, companies may not be well versant with needs on the ground. While the National CSR Data Portal reflects the supply side, the demand side must be known too. There are areas and sectors in dire need of resources that are often overlooked. To check this, Odisha government has undertaken a unique initiative called 'GO CARE' (Government of Odisha CSR Administration and Responsive Engagement) portal. It seeks to "…guide the corporates about the human developmental indices and priority gap areas for various sectors". The state government has constituted a CSR Council and one of the aims of this Council is to reduce the disparity in CSR expenditure across districts. The GO CARE portal provides a list of projects recommended by the CSR Council which are spread across various sectors as listed out in Schedule VII of the Act. It also provides information on state indicators like demographics, education, environment, health, rural development and urban slums. Such an initiative becomes important in light of the fact that during 2014-17, only 10 districts of Odisha attracted a whopping 93 per cent of CSR money. Learning from Odisha, it might be a good idea to replicate this move across other states and UTs. Each of them can come up with a portal mapping areas and development sectors that need resources. Companies would then have a better idea of where to invest their CSR money most productively. This should only be to nudge companies to spend in underinvested areas; the final decision would still rest with companies. Such a move would have many advantages. First, it would instil a sense of healthy competition among states and UTs to attract CSR funds. Second, it would provide companies with useful information by mapping the demands of various geographical areas and development sectors. This would help them choose and make an informed decision about how to spend their money. Third, it would encourage eligible companies to meet their CSR quota. The data recently released by PRIME Database shows that in the last financial year, of the money meant to be spent by NSE listed companies on CSR, Rs 17.17 billion remained unspent. This has risen from Rs 15.74 billion in the previous financial year. To tackle this issue, the Ministry of Corporate Affairs has already issued preliminary notices to 272 companies for failing to meet their CSR spending requirement. Thus, state/UT wise portals would help distribute CSR spending across regions and sectors. Many have drawn parallels between the concept of CSR and Gandhiji's Trusteeship Doctrine. Explaining his principle, Gandhiji said, "Supposing I have come by a fair amount of wealth—either by way of legacy, or by means of trade and industry—I must know that all that wealth does not belong to me; what belongs to me is the right to an honourable livelihood, no better than that enjoyed by millions of others. The rest of my wealth belongs to the community and must be used for the welfare of the community". With this motivation, it's time for the government and companies to work together to channel CSR funds to places that need it the most.

Newsletter Subscribe Newsletter

News/Events

  • Channelling CSR spending : CSR activities must now attempt to reach underinvested areas for enhanced impact

    Channelling CSR spending : CSR activities must now attempt to reach underinvested areas for enhanced impact

    http://www.millenniumpost.in

    W Edwards Deming, the noted American statistician, once said, "In God we trust. All others must bring data." Thanks to the National CSR Data Portal, launched earlier this year, data on CSR spending by companies is now publicly available. In addition to providing state/UT-wise, district-wise and development sector-wise spending details, it also offers information on expenditure by different companies. It sources this data from information filed by companies on the MCA21 registry in their financial statements. A look at the comparative charts on this portal makes three things abundantly clear. Let's take figures for FY 2016-17. First, there is a huge difference in the geographical distribution of money spent on CSR. While Maharashtra managed to get the maximum at Rs 2,222.25 crore, Mizoram, Nagaland, Lakshadweep and Andaman & Nicobar Islands got less than Rs 1 crore. Second, even within a state or UT, spending may not be uniform. In Delhi, of 11 districts, Shahdara did not attract CSR funds. In West Bengal, while Kolkata got Rs 95 crore, many districts including Cooch Behar did not get any share of CSR money. Third, even across development sectors, while the 'Education, Differently Abled, Livelihood' sector got the maximum share of CSR spending at Rs 5,123.83 crore, Clean Ganga Fund got the minimum at Rs 24.23 crore. Many have highlighted this inequality in the geographical and sectoral distribution of CSR spending. Some have raised concerns of duplication of effort in some and exclusion of others.
    To put this in perspective, let's look at the legal provisions. Companies Act, 2013 introduced the CSR provision in law. Section 135 mandates companies with a net worth of Rs 500 crore or more, turnover of Rs 1,000 crore or more or net profit of Rs 5 crore or more during the immediately preceding financial year, to set up a CSR Committee of the Board. This Committee needs to formulate a CSR Policy indicating activities in areas or subjects listed in Schedule VII of the Act. In every financial year, these companies need to spend at least 2 per cent of their average net profits made during three immediately preceding financial years on activities as per their CSR Policy. The provision clearly states that "…the company shall give preference to the local area and areas around it where it operates, for spending the amount earmarked for Corporate Social Responsibility activities". Many have held this to be responsible for certain areas being left out.

    Schedule VII enumerates activities that companies can pursue. It covers diverse issues like poverty eradication, health, sanitation, education, gender equality, environment, heritage protection and sports. Companies are at liberty to choose from these. It is quite possible that local area preference may also limit the sectors where one can spend. Further, as some point out, companies may not be well versant with needs on the ground. While the National CSR Data Portal reflects the supply side, the demand side must be known too. There are areas and sectors in dire need of resources that are often overlooked. To check this, Odisha government has undertaken a unique initiative called 'GO CARE' (Government of Odisha CSR Administration and Responsive Engagement) portal. It seeks to "…guide the corporates about the human developmental indices and priority gap areas for various sectors". The state government has constituted a CSR Council and one of the aims of this Council is to reduce the disparity in CSR expenditure across districts. The GO CARE portal provides a list of projects recommended by the CSR Council which are spread across various sectors as listed out in Schedule VII of the Act. It also provides information on state indicators like demographics, education, environment, health, rural development and urban slums. Such an initiative becomes important in light of the fact that during 2014-17, only 10 districts of Odisha attracted a whopping 93 per cent of CSR money. Learning from Odisha, it might be a good idea to replicate this move across other states and UTs. Each of them can come up with a portal mapping areas and development sectors that need resources. Companies would then have a better idea of where to invest their CSR money most productively. This should only be to nudge companies to spend in underinvested areas; the final decision would still rest with companies. Such a move would have many advantages. First, it would instil a sense of healthy competition among states and UTs to attract CSR funds. Second, it would provide companies with useful information by mapping the demands of various geographical areas and development sectors. This would help them choose and make an informed decision about how to spend their money. Third, it would encourage eligible companies to meet their CSR quota. The data recently released by PRIME Database shows that in the last financial year, of the money meant to be spent by NSE listed companies on CSR, Rs 17.17 billion remained unspent. This has risen from Rs 15.74 billion in the previous financial year. To tackle this issue, the Ministry of Corporate Affairs has already issued preliminary notices to 272 companies for failing to meet their CSR spending requirement. Thus, state/UT wise portals would help distribute CSR spending across regions and sectors. Many have drawn parallels between the concept of CSR and Gandhiji's Trusteeship Doctrine. Explaining his principle, Gandhiji said, "Supposing I have come by a fair amount of wealth—either by way of legacy, or by means of trade and industry—I must know that all that wealth does not belong to me; what belongs to me is the right to an honourable livelihood, no better than that enjoyed by millions of others. The rest of my wealth belongs to the community and must be used for the welfare of the community". With this motivation, it's time for the government and companies to work together to channel CSR funds to places that need it the most.

    W Edwards Deming, the noted American statistician, once said, "In God we trust. All others must bring data." Thanks to the National CSR Data Portal, launched earlier ...

    25-Dec-2018

  • Odisha approves Rs 1,177 crore investment proposals

    Odisha approves Rs 1,177 crore investment proposals

    www.business-standard.com

    The Odisha government Friday approved nine different investment proposals aggregating to Rs 1,177.41 crore.

    The proposals got the state government's nod at the State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary A P Padhi.


    The investment proposals are for different sectors like sanitaryware, food processing, hospitality, electronics manufacturing and IT services that will create employment opportunities for 6,032 people, Padhi said.

    Officials said Hindustan Sanitaryware Industries Limited (HSIL) has proposed to set up a 1,30,000 tonnes per annum unit to manufacture glass containers at an investment of Rs 350 crore in Cuttack. The unit will create employment opportunities for 1,200 people, they said.

    The SLSWCA also approved Om Oil and Flour Mills Ltd (makers of RUCHI brand of spices) for setting up a greenfield project to manufacture spices, pasta, noodles, fruit-based beverages, ready-to-cook and ready-to-eat items at Ramdaspur, Cuttack with a total investment of Rs 100 crore. The unit will provide employment opportunities to 1,560 people.

    Omjay EV Limiteds proposal to set up an electric vehicle manufacturing unit at Jajpur entailing an investment of Rs 52.41 crore was also approved in the meeting. It will manufacture e-rickshaws and e-scooters with an installed capacity of 50,000 units per annum. It will create direct and indirect employment for 122 people, they said.

    Hindalcos proposal to establish a coal gasification plant of 21,000 NM3 (Normal meter cube per hour) at Hirakud, Sambalpur with an investment of Rs 60 crore was also approved in the meeting. It will generate employment for 20 people.

    In a boost to the states tourism sector, Mayfair Hotels and Resorts, a leading hotel chain in eastern India, received the nod to set up a golf resort at Satapada in Puri with an investment of Rs 125 crore. It will create employment opportunities for 550 people and help provide high-end accommodation facilities for tourists.

    The electronics and IT sector also received a boost with two proposals getting the government's nod. The first proposal was by Star GSM Upakaran Peripherals, a Jaipur-based cellular handset and accessories company, which will invest Rs 75 crore to set up a unit to manufacture 10 lakh mobile handsets and accessories per annum such as printed circuit boards, battery, charger, power banks and others at the Electronics Manufacturing Cluster at Infovalley on the outskirts of Bhubaneswar.

    This will create direct and indirect jobs for 1,300 people.

    The second proposal was from C-TEL Infosystems, a Hyderabad-based software company, which proposed to set up a software centre to develop Internet of Things (IoT) software at the Electronics Manufacturing Cluster in Infovalley.

    The unit will come up with an investment of Rs 65 crore and create direct and indirect job opportunities for 730 people.

    Two proposals from central PSUs also received approval in the meeting. Bharat Petroleum Corporation Ltd's proposal to invest an additional Rs 250 crore to set up a lignocellulosic biomass ethanol bio-refinery plant of capacity 100 KL per day at Bargarh was approved by SLSWCA. The employment potential of the project is 200 people.

    The second proposal was from HIL Ltd to set up a manufacturing unit for production of agrochemicals of capacity 10,000 MT at Chatrapur in Ganjam district with a total investment of Rs 100 crore. This will create employment for 350 people.

    Apart from these, the SLSWCA also recommended two investment proposals in the steel sector entailing combined investments of Rs 3,526 crore to the High Level Clearance Authority (HLCA) headed by Chief Minister Naveen Patnaik for approval.

    The Odisha government Friday approved nine different investment proposals aggregating to Rs 1,177.41 crore. The proposals got the state government's nod at the State Level ...

    04-Jan-2019

  • One third of Make in Odisha proposals to be approved in next one month

    One third of Make in Odisha proposals to be approved in next one month

    www.business-standard.com

    The Odisha government has laid out an action plan to expedite the implementation of investment intents it received in the Make in Odisha summit held in November 2018. In the first phase, it intends to put up one-third of the total 183 investment proposals received at the conclave before the single window project approval board in next one month to facilitate their implementation.

    The conclave had attracted 183 investment intents valued at Rs 4.19 trillion spreading across 15 sectors with promises to create 591000 jobs. Chief Minister Naveen Patnaik had set the implementation target at 75 per cent of these proposals within a time frame of next two years.

    "In the coming year, the focus continues to be on speedy implementation of industrial projects on the ground. In the next 30 days, one-third of the 183 investment intents received in the lead up to and during the Conclave will be accorded Single Window approval. The State Government is committed to create tens of thousands of jobs in the coming year for the youth of Odisha,” said Sanjeev Chopra, principal secretary (industries).

    Terming 2018 has been a seminal year for Odisha’s industrialization, he said, "With relentless focus on improving ease of doing business and a focused investment promotion strategy, the Make in Odisha Conclave was a success."

    The last edition of the conclave saw the state investment pool diversifying as project proposals came forth from emerging sectors such as petrochemicals & chemicals, food processing, textile, electronics manufacturing, IT & telecom and aerospace & defence manufacturing.

    Among the foreign participants, interest was shown primarily by investors from Japan, Thailand and Taiwan. The Make in Odisha conclave 2018 got an international touch with Japan's participation as the country partner.

    Close to 65 per cent of the intents received during the first edition of Make in Odisha in 2016 are in various stages of approval and implementation. The state had bagged 124 investment intents valued at Rs 2.03 trillion in 2016.

    The Odisha government has laid out an action plan to expedite the implementation of investment intents it received in the Make in Odisha summit held in November 2018. In the first ...

    02-Jan-2019

  • Vedanta plans $300 mn capex on Lanjigarh alumina refinery in FY20

    Vedanta plans $300 mn capex on Lanjigarh alumina refinery in FY20

    www.business-standard.com

    Vedanta hopes to recover the invested sum within two years, banking on locally sourced bauxite to trim logistics costs
    Metals and mining giant Vedanta Ltd has planned a Capex (capital expenditure) of $250-300 million in the next fiscal on the ramp-up of its Lanjigarh alumina refinery in Odisha.
    Vedanta, in a staggered manner, has proposed to expand the capacity of the refinery to six million tonnes per annum (mtpa). The refinery's present bottlenecked capacity is two mtpa.
    The company hopes to recover the invested sum within two years, banking on locally sourced bauxite to trim logistics costs.
    “Every tonne of aluminium produced with the Odisha sourced bauxite which can be used in expanding refinery capacity, will give us Ebitda (earnings before interest, taxes, depreciation and amortisation) advantage of $400 per tonne. So, if you are able to cover 50 per cent or 60 per cent of our requirement, then to that extent, $200 to $250 straight away goes up in the Ebitda margin on a permanent basis because reserves will last easily for 15 years and more mines will come up”, Arun Kumar, chief financial officer of Vedanta Ltd at the company's recent results conference call.
    Vedanta has a long-term linkage pact with state-run miner Odisha Mining Corporation (OMC). As per the terms of this agreement, 70 per cent of bauxite extracted by OMC from its captive Kodingamali mine would be supplied to Vedanta's Lanjigarh refinery. As the mine ramps up, Vedanta expects to source 250,000 tonnes bauxite each month. 
    The first phase of the Lanjigarh refinery would see the unit scaling capacity of four mtpa. By the end of this fiscal, Vedanta expects an exit run rate of two mtpa at the refinery. Since Vedanta's cost of alumina production is significantly lower than the current import prices, the company sees value in unlocking opportunity by expanding the alumina capacity.
    Vedanta is investing Rs 64.83 billion on the refinery ramp-up. The refinery scale up is expected to lessen Vedanta's dependence on imported alumina and thus, cut its aluminium making costs. A drastic reduction in alumina imports will make Vedanta's aluminium cost competitive, he reasoned. Presently, Vedanta's aluminium smelting costs are hovering around $2000 per tonne in line with the production costs of its peers- National Aluminium Company (Nalco) and Hindalco Industries. But unlike the other primary producers, Vedanta is not fed by captive bauxite mines, posing a challenge to contain its metal costs.
    At the end of FY18, Vedanta emerged the biggest producer of primary aluminium with an output of 1.7 million tonnes. By FY21, the Anil Agarwal controlled Group is eyeing production of 4-4.5 million tonnes of aluminium.
    To stave off vagaries of fluctuating input costs, Vedanta is aiming at upstream integration. It has proposed to install a caustic soda production unit at Dhamra with an estimated investment of Rs 65 billion. This proposal, too, has got the seal of approval from the Odisha government.
    Though upstream integration, Vedanta plans to contain its alumina production cost which escalated to $358 per tonne in Q2 led by cost-push factor of ingredients like coal and caustic soda.

    Vedanta hopes to recover the invested sum within two years, banking on locally sourced bauxite to trim logistics costs Metals and mining giant Vedanta Ltd has planned a Capex ...

    02-Jan-2019

  • HSIL to set up Rs 350cr glass container unit in Cuttack

    HSIL to set up Rs 350cr glass container unit in Cuttack

    www.business-standard.com

    Hindustan Sanitary ware & Industries Ltd (HSIL) has proposed to set up an Rs 350 crore manufacturing unit for glass containers at Cuttack, state government sources said Thursday.

    The plant would have a capacity of 1, 30,000 tonnes per annum and is expected to create direct and indirect employment for over 1,200 people, an official said.

    Odisha's State Level Facilitation Cell has already recommended the proposal to State Level Single Window Clearance Authority for approval, the official said.

    For Odisha government's Single Window for Investor Facilitation and Tracking (GO-SWIFT), a web portal for doing business in the state, it was the 500th investment proposal.

    "It is encouraging to note that within a short span of one year, GO-SWIFT has received the 500th investment proposal," said industries secretary Sanjeev Chopra.

    Hindustan Sanitary ware & Industries Ltd (HSIL) has proposed to set up an Rs 350 crore manufacturing unit for glass containers at Cuttack, state government sources said ...

    20-Dec-2018

  • Odisha banks on unique campaign to burnish investor image

    Odisha banks on unique campaign to burnish investor image

    www.business-standard.com

    The second edition of Make in Odisha drew investments of the order of Rs 4.19 trillion, more than double the figure of Rs 2.03 trillion the state pocketed at the maiden edition in 2016
    Enthused by the success of ‘I am Odisha’, the theme of Make in Odisha 2018 summit, the state government plans to extend the campaign’s run beyond the conclave to showcase Odisha’s success stories in entrepreneurship and innovation.

    The ‘I am Odisha’ campaign- a first of its kind, kicked off in August in the run up to the biennial investment summit. Its thrust was on showcasing the state’s strengths- its consistently high economic growth, strides made in infrastructure, skill development and an incipient yet emerging culture of entrepreneurship. The campaign is centred on building positive vibes on sectors that have impacted Odisha's industrial ecosystem. Besides, the campaign also sought to offer a platform to crowd source success stories from Odisha and the Odia diaspora settled abroad.

    “This campaign celebrated the achievements and successes of Odisha and helped enhance awareness about the state. Going by the encouraging response to the campaign, we are considering the second phase of the campaign in the coming months”, said Sanjeev Chopra, principal secretary (industries), Odisha government.
    The campaign’s run on social media spanned 10 weeks from August 1 to October 15 this year. It was bombarded with about 50 million impressions and garnered 800,000 engagements on the social media space. Before its deadline, the campaign received 155 entries from Odias with success stories to share in the realms of entrepreneurship and innovation. As many as 104 entries were shortlisted, 54 of which were featured on the website designed exclusively for the campaign. The campaign in its first phase, culminated with a contest held under the aegis of ‘Make in Odisha 2018’. Three winners chosen by a jury drawn from The Indus Entrepreneurs, Silicon Valley and a clutch of Odia entrepreneurs, were feted.

    The state government admits Odisha has been crippled by lack of ample awareness both inside the country and abroad. Campaigns like ‘I am Odisha’ could help turn the tide and make Odisha’s success resonate with a wider community of investors and entrepreneurs, officials believe.

    “Odisha has traditionally been a state about which awareness levels were fairly low within and outside the country. As a result, the state’s strength’s and achievements were not known widely. The objective of this branding campaign was to evoke Odia pride and break the perception barrier by showcasing the strengths and success stories of people belonging to the state. We are hopeful this will encourage more Odias to chase their dreams and make the state proud”, said Chopra.

    The second edition of Make in Odisha drew investments of the order of Rs 4.19 trillion, more than double the figure of Rs 2.03 trillion the state pocketed at the maiden edition in 2016. The state government has set targets to implement 75 per cent of the virgin investments within two years.

    The second edition of Make in Odisha drew investments of the order of Rs 4.19 trillion, more than double the figure of Rs 2.03 trillion the state pocketed at the maiden edition in ...

    22-Dec-2018

  • Lack of awareness about business opportunities the main challenge for Odisha

    Lack of awareness about business opportunities the main challenge for Odisha

    https://www.thehindu.com/business/lack-of-awareness-about-business-opportunities-the-main-challenge-for-odisha/article25680236.ece

    The eastern State of Odisha is fast catching up on economic growth and has emerged as a major investment destination due to its reforms and a pro-industry policy. In the first edition of the Make in Odisha Conclave in 2016, the State had generated an investment intent of Rs 200,000 crore and expects to receive more during the second edition. Sanjeev Chopra, Principal Secretary, Industry, Government of Odisha, goes into the details.

    What is the response to Make in Odisha Conclave 2018 (MIO) this time?

    The response to the Conclave has been overwhelming. More than 1,000 industry leaders and representatives participated in the conclave and the who’s who of India Inc. have pledged new manufacturing investments in the State. This is the first time the State is organising 19 sessions across various sectors impacting the economy and our people. The focus of the Conclave was not just to propel the industrial development further, but also to provide a platform for the experts to engage with the State Government to deliberate on the next phase of overall socio-economic growth of the State.

    We are extremely happy to have received some of the most prominent thought leaders for the event. We set up the largest ever industrial expo of the State. We have engaged with the companies to provide an immersive experience to the visitors, using technology, which has been widely appreciated.

    The theme of the Conclave was ‘I am Odisha’ through which we wanted to convey the achievements and successes of the State and the people to the global community. We received enthusiastic response from State’s young achievers as part of the campaign. The top three stories received under the campaign were given ‘Pride of Odisha’ awards.

    What has been achieved from the 2016 edition of MIO?

    The State has come a long way since the inaugural edition of Make in Odisha Conclave held in 2016. The top focus has been on implementing the projects on ground. In less than one year, we have grounded 64 projects which will create employment opportunities for more than 30,000 youth. This has only reaffirmed our position as the number one State in implementation of live manufacturing investments. The average time taken for approval of the projects in the State has been reduced to an average of 20 days.

    We are extremely pleased that as per the Vision 2025 set for industrial development in the State, the investments have come from a variety of diversified sectors including metal and downstream, food processing, textiles and apparel, electronics manufacturing, plastics, chemicals and petrochemicals among others.

    The Government of Odisha – Single Window Portal for Investor Facilitation and Tracking (GO-SWIFT) introduced in November 2017 – has completely eliminated paper-based approval processes. Within a year of launch, GO-SWIFT has received 470 investment proposals with a proposed investment of about 70,000 crore with employment potential for over 1.05 lakh people.

    The CM’s dashboard on the GOSWIFT portal provides all information on the approvals and implementation status of these projects on a real-time basis and is closely monitored by Chief Minister.

    The State has focused on providing best-in-class industrial infrastructure — the NIMZ in Kalinganagar, Angul Aluminium Park (only park in South Asia to provide direct supply of molten metal to industries), Paradip Plastics Park, PCPIR in Paradip and Seafood park in Deras on the outskirts of Bhubaneswar, to name a few. These parks are now ready for investments with key utility infrastructure set up. Odisha is among the few States with a dedicated private industrial parks policy, which has received encouraging response from the major companies.

    Industrial parks are being set up in the state by Tata, Vedanta, Jindal Steel, Welspun, Adani and Jindal Stainless.

    Also, we have created a GIS-enabled land bank of 1,25,000 acres dedicated for the industries. All these and many more initiatives have taken place since the last edition of the ‘Make in Odisha’ Conclave and we are committed to take these forward in the future.

    What are the challenges the State is facing when it comes to industrialisation?

    Two of the biggest challenges that the State faces is the lack of awareness amongst the investor community regarding the business opportunities in the State beyond mining and mineral sector, and lack of knowledge of availability of industrial infrastructure in the State. Through our investment facilitation and promotion initiatives, including events such as ‘Make in Odisha’ Conclave, we are working towards creating awareness and changing the perception of investors across the focus sectors of the State.

    Towards industrial infrastructure, the State is developing some of the start-of-the-art clusters with not just common facilities, utilities and industrial infrastructure facilities, but also trunk infrastructure facilities up to the battery limit of such clusters. These clusters are seeing good interest from the investor community in the recent past and are ready for investments.

    What are the focus sectors of Odisha? How are you planning to develop these sectors?

    We have identified six sectors for broad-based industrial growth which include food processing and seafood, downstream industries in metals, chemicals and petrochemicals, textiles and apparel, electronics manufacturing and tourism. For all the six sectors, we have laid down dedicated policies with competitive incentive framework, creating sector-specific industrial infrastructure, driving skilling interventions and investment promotion initiatives.

    What is the broader vision of the State?

    Our vision is to broad base the industrial growth in employment intensive sectors in line with the Vision 2025 for industrial development, to attract new investments worth Rs 2.5 lakh crore and create employment opportunities for 30 lakh citizens in the State.

    How big is Odisha’s economy now? Can it be a trillion-dollar economy by 2030?

    The State’s economy is on a steady growth path. In terms of size, the GSDP of the State is expected to rise up to Rs 3.46 lakh crore in 2017-18. During 2011-12 to 2016-17, the economy of the State has grown steadily at an annual average rate of 7.02% as against 6.80 % at the national level and we expect to see even better growth of the economy across all three sectors based on inherent strengths of the State, human and natural resources and governance.

    The eastern State of Odisha is fast catching up on economic growth and has emerged as a major investment destination due to its reforms and a pro-industry policy. In the first ...

    06-Dec-2018

  • 60 of 183 Make-in-Odisha projects to get nod

    60 of 183 Make-in-Odisha projects to get nod

    https://www.thehindubusinessline.com/news/60-of-183-make-in-odisha-projects-to-get-nod/article25783310.ece

    Nearly a third or 60-odd investment proposals out of 183 that the Odisha government received a month back in the run-up and during its global investor summit, Make in Odisha Conclave 2018, are expected to get approval over the next one month.

    The cumulative value of these proposals stands at Rs 43,552 crore and covers sectors such as minerals, and metal, fertiliser and chemicals, and agri and food processing.

    The biennial Make-in-Odisha conclave, held in November, drew investment intents of Rs 4,20,000 crore across 15 sectors, saw 34 expansion/brown-field projects and another 149 greenfield ones.

    According to Sanjeev Chopra, Principal Secretary, Industries Department, Government of Odisha, at least 80 per cent of the investment commitments received are expected to materialise.

    On a comparative basis, the first edition of the Make-in-Odisha conclave drew investment commitments of Rs 230,000 crore with 67 per cent of the proposals being in approval or implementation stage.

    Chopra explains that the Odisha government has consciously stayed away from “MoU signing spree”. In fact, it chose to come up with a single page (investment intention) form where companies would put up their investment proposal and other details. This was followed up by the authorities, and subsequently placed for a single- window clearance.

    “As of now some 60 projects will be placed for approval. In all, at least 80 per cent of the proposals received during (the run-up and during) the summit should materialise,” he told BusinessLine during an interview.

    While mining and metals segment has been the traditional mainstay for Odisha’s economy, the diversification of industrial base is critical, Chopra maintains. The focus is on downstream and value-added industry along with a cluster approach to help push local industries and also shore-up employment. The target is that by 2030 at least 50 per cent of the metals produced in the State should be value-added.

    Private industrial parks
    “We are looking to promote private industrial parks, too. Some players like Jindal Stainless Ltd (JSL) have given us proposals; while we are in discussions with Tata Steel too,” the bureaucrat said.

    A sector-wise break-up of the non-mining and mineral related proposals shows fertilisers, refineries, and petrochemicals topping the charts with a 20 per cent share. Food processing accounts for 16 per cent, followed by textiles and apparels, and logistics and infrastructure with 9 per cent and 7 per cent, respectively.

    Port-led development is another segment that the State is actively looking into.

    Of the 183 investment intents received in the lead up to and during the Make in Odisha Conclave 2018, 64 per cent are green-field projects in non-mineral sectors having a potential to generate 230,000 jobs, government sources said.

    Land acquisition
    Chopra admits that land woes are a “challenge”. And, accordingly, a land bank with 125,000 acres and GIS mapping of the plots has been done. But that does not always solve all problems. Non availability of large tracts of contiguous land has often derailed major projects. In fact, Haldia Petrochem, which committed to Rs 70,000-crore worth of investments in Odisha, is said to require around 2,000 acres of contiguous land near the port area.

    “To get around this problem, the Odisha government will look at direct purchase of land from owners rather than opting for acquisition,” Chopra said.

    According to him, district- level committees headed by the collector, have been set up. These will facilitate the land purchase process by identifying the tract, determining the market price, facilitating interaction and so on.

    Land purchase, however, will be done by the state-owned agency, Odisha Industrial Infrastructure Development Corporation (IDCO), on behalf of investors.

    Nearly a third or 60-odd investment proposals out of 183 that the Odisha government received a month back in the run-up and during its global investor summit, Make in Odisha ...

    19-Dec-2018

  • 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

Mr. Chintan Thakkar
Published on 22 Feb, 2018

Mr. Chintan Thakkar, Group Head - Corporate Affairs, Welspun Group shared his experience of Welspun's investment efforts in Odisha and ease of doing business in the State.

Mr. Chintan Thakkar
Mr. Chintan Thakkar

Published on 22 Feb, 2018

Mr. Chintan Thakkar, Group Head - Corporate Affairs, Welspun Group shared his experience of Welspun's investment efforts in Odisha and ease of doing business in the State.

Mr. Subrat Tripathy
Mr. Subrat Tripathy

Published on 25 Feb, 2018

Mr. Subrat Tripathy, CEO, The Dhamra Port Company Ltd. shared his views on the uniqueness of the investment landscape and ease of doing business in Odisha.

Mr. Gautam Sharma
Mr. Gautam Sharma

Published on 27 Feb, 2018

Mr. Gautam Sharma, Managing Director of Indo Nissin Foods Pvt. Ltd. Emphasising on how GO-SWIFT ensures quick approvals and has revolutionised the investment process, he says all states should follow this magnificent example.

Mr. Srikumar Misra
Mr. Srikumar Misra

Published on 27 Jul, 2018

Lauding the State’s forward-looking support, Srikumar Misra, Founder, MD & CEO, Milk Mantra, shares the company’s journey so far in #Odisha. #InvestOdisha #MIO2018

Mr. Shailendra Bebortha
Mr. Shailendra Bebortha

Published on 27 Jul, 2018

Mr. Shailendra Bebortha, Managing Director, IBC Solar India, shares his excitement in bringing sustainable living through #renewableenergy in the State.

Mr. Yogesh Vora
Mr. Yogesh Vora

Published on 27 Jul, 2018

Since their first plant in 2014, Indo Nissin's journey in Odisha has come a long way. Listen to what Mr. Yogesh Vora, General Manager, Indo Nissin, has to say about the experience of setting up India's largest instant noodles manufacturing facility in the state.

Mr. Subhas Chandra Bose Venigalla
Mr. Subhas Chandra Bose Venigalla

Published on 27 Jul, 2018

Cementing the State's ease of doing business and commitment to growth, Subhas Chandra Bose Venigalla, Director, Toshali Cements shares his experience so far in the land of opportunities. From Koraput to Cuttack, the company is thrilled to progress with Odisha.

Mr. Jaisheel Chaturvedi
Mr. Jaisheel Chaturvedi

Published on 27 Jul, 2018

In a statement of mutual trust and goodwill, Shahi Exports Pvt Ltd., India's largest apparel exporter is set to expand operations in Odisha. The move is testament to the State's ease of doing business and commitment to growth.

Pavitar Singh
Pavitar Singh

Published on 09 Dec, 2018

Pavitar Singh, CTO of Sprinklr and an entrepreneur in the technology industry shared his views on digital innovation and how startups can flourish in Odisha at the Make in Odisha Conclave 2018

Sumona Karjee Mishra
Sumona Karjee Mishra

Published on 09 Dec, 2018

Sumona Karjee Mishra, Prantae Solutions at Make In Odisha Conclave 2018

Shashank Singhal
Shashank Singhal

Published on 09 Dec, 2018

Shashank Singhal, Founder, MedTel Healthcare at Make In Odisha Conclave 2018

R. Madhavan
R. Madhavan

Published on 13 Dec, 2018

R. Madhavan, Chairman & MD, Hindustan Aeronautics Limited (HAL) at Make In Odisha Conclave 2018

Mr. Amitabh Kant
Mr. Amitabh Kant

Published on 04 Mar, 2017

Mr. Amitabh Kant, CEO of the NITI Aayog speaking at Make in India Week at Mumbai during Feb 2016

Mr. C.N. Raghupati
Mr. C.N. Raghupati

Published on 04 Mar, 2017

Mr. C.N. Raghupati, Former VP & Head, India Business, Infosys speaking at Make in India week at Mumbai during Feb 2016

Mr. G.B.S. Raju
Mr. G.B.S. Raju

Published on 04 Mar, 2017

Mr. G.B.S. Raju, Chairman & MD, GMR Energy speaking at Make in India week at Mumbai during Feb 2016

Mr. Kumar Mangalam Birla
Mr. Kumar Mangalam Birla

Published on 04 Mar, 2017

Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group speaking at Make in India week at Mumbai during Feb 2016

Mr. Bibek Debroy
Mr. Bibek Debroy

Published on 04 Mar, 2017

Mr. Bibek Debroy, Member, NITI Aayog speaking at Make in India week in Mumbai

Mr. D Bhattacharya
Mr. D Bhattacharya

Published on 04 Mar, 2017

Mr. D Bhattacharya, MD, Hindalco Industries Limited speaking at Make in India week at Mumbai

Mr. Madhu Kannan
Mr. Madhu Kannan

Published on 04 Mar, 2017

Mr. Madhu Kannan, Group Head for Business Development and Public Affairs at Tata Sons speaking at Make in India week at Mumbai.

Mr. Rajesh Adani
Mr. Rajesh Adani

Published on 04 Mar, 2017

Mr. Rajesh Adani, MD, Adani Group speaking at Make in India week at Mumbai

Mr. Ritesh Agarwal
Mr. Ritesh Agarwal

Published on 04 Mar, 2017

Mr. Ritesh Agarwal, Founder & CEO, OYO Rooms speaking at Make in India week at Mumbai.

Mr. Santosh mohapatra
Mr. Santosh mohapatra

Published on 04 Mar, 2017

Mr. Santosh mohapatra, Former Director, Dhamara Port speaking at Make in India week at Mumbai

Mr. Sashi Ruia
Mr. Sashi Ruia

Published on 04 Mar, 2017

Mr. Sashi Ruia, Chairman & Co-founder of Essar Group speaking at Make in India week at Mumbai

Mr. Sumit Majumder
Mr. Sumit Majumder

Published on 04 Mar, 2017

Mr. Sumit Majumder, Former President, CII speaking at Make in India week at Mumbai on 14th Feb 2016

Mr. T V Narendran
Mr. T V Narendran

Published on 04 Mar, 2017

Mr. T V Narendran, CEO & Managing Director, Tata Steel, India speaking at Make in India week at Mumbai

Mr. Y C Deveswar
Mr. Y C Deveswar

Published on 04 Mar, 2017

Mr. Y C Deveswar, Chairman, ITC Limited speaking at Make in India week at Mumbai

Mr. Satish Pai
Mr. Satish Pai

Published on 05 Mar, 2017

Mr. Satish Pai speaking at Make in Odisha event at Bhubaneswar

Mr. Sanjaj Mehrotra
Mr. Sanjaj Mehrotra

Published on 05 Mar, 2017

Mr. Sanjaj Mehrotra, Co-Founder, Former President & CEO, Sandisk speaking at Make in Odisha conclave at Bhubaneswar

Mr. Sashi Ruia
Mr. Sashi Ruia

Published on 05 Mar, 2017

Mr. Sashi Ruia, Chairman, Essar Group speaking at Make in Odisha Conclave at Bhubaneswar

Mr. T.V. Narendran
Mr. T.V. Narendran

Published on 05 Mar, 2017

Mr. T.V. Narendran, CEO & Managing Director, Tata Steel, India, speaking at Make in Odisha conclave at Bhubaneswar

Mr. T. Krishnakumar
Mr. T. Krishnakumar

Published on 05 Mar, 2017

Mr. T. Krishnakumar, President, India and Southwest Asia, Hindustan Coca Cola Bevarages Pvt. Ltd. speaking at Make in Odisha conclave at Bhubaneswar

Mr. Dharmendra Pradhan
Mr. Dharmendra Pradhan

Published on 05 Mar, 2017

Mr. Dharmendra Pradhan, Hon'ble Cabinet Ministers for Ministry of Petroleum and Ministry of Skill Development and Entrepreneurship Natural Gas speaking at Make in Odisha conclave at Bhubaneswar

Mr. Piyush Goyal
Mr. Piyush Goyal

Published on 05 Mar, 2017

Mr. Piyush Goyal, Hon'ble Cabinet Ministers, Ministry of Coal, Ministry of Railways, speaking at Make in Odisha conclave at Bhubaneswar

Mr. Ramesh Abhishek
Mr. Ramesh Abhishek

Published on 04 Mar, 2017

Mr. Ramesh Abhishek speaking at Make in Odisha conclave at Bhubaneswar

Mr. Arun Jaitley
Mr. Arun Jaitley

Published on 05 Mar, 2017

Mr. Arun Jaitley, Hon'ble Union Minister for Finance & Corporate Affairs speaking at Make in Odisha conclave at Bhubaneswar

Ms. Arundhati Bhattacharya
Ms. Arundhati Bhattacharya

Published on 05 Mar, 2017

Ms. Arundhati Bhattacharya, Former Chairperson, State Bank of India speaking at Make in Odisha conclave at Bhubaneswar

Mr. Marc A Hoffman
Mr. Marc A Hoffman

Published on 05 Mar, 2017

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

Mr. Saroj Kumar Poddar
Mr. Saroj Kumar Poddar

Published on 05 Mar, 2017

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

Mr. Sajjan Jindal
Mr. Sajjan Jindal

Published on 05 Mar, 2017

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

Mr. Anil Agarwal
Mr. Anil Agarwal

Published on 05 Mar, 2017

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

Dr. Naushad Forbes
Dr. Naushad Forbes

Published on 05 Mar, 2017

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

Mr. Gautam Adani
Mr. Gautam Adani

Published on 05 Mar, 2017

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

Mr. Sanjiv Puri
Mr. Sanjiv Puri

Published on 05 Mar, 2017

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

Want to
invest
in Odisha ?

Fill the investment
Intention Form

  Get in Touch Want to invest in Odisha

Got
A Question ?

Feel Free to ask Us

  Contact Form Got A Question

Help us in
Getting Better

Give Feedback

  Feedback Idea Box