The Odisha Chief Minister launched the third five-day ‘Make In Odisha Conclave’ on Wednesday, which was attended by several corporate leaders from around the world.
Along with corporates on stage, the Chief Minister cut a red ribbon to kick off his 5-day fiesta to showcase Odisha’s worth to corporate investors looking to invest Rs 6 lakh crore. With the slogan “Join the Juggernaut,” the state has gone to great lengths to promote itself as an appealing place to do business.
The Odisha Chief Minister welcomed the delegates on the occasion, saying, “We have a strong partnership with FICCI and hope to build on the success of this conclave and continue to work together in the near future to bring in investment and prosperity to Odisha.”
With an extravagant display of culture, heritage, and legacy represented by hundreds of drones dazzling to represent Odisha’s famous icons, as well as a laser show and cultural programme depicting Odisha’s transformation story under Navin Patnaik’s regime.
This year’s conclave is expected to attract over 11,600 attendees, 124 speakers, and 38 events over the course of five days. Representatives from partner countries such as Japan, Norway, and Germany attended the state’s premier business summit.
According to an official, the summit will focus on sectors such as metals and metal downstream, chemicals and petrochemicals, textiles and apparel, food processing, electronics system design and manufacturing (ESDM), logistics, and clean energy.
The Chief Minister also went to the MIO 2022 exhibition, which featured the six focus sectors for the “Vision 2025: Odisha Industrial Development Plan.”
“The previous two MIOs were quite successful, as 42% and 33% of the proposed projects were grounded in the state, which is significantly more than in other states.” “Government continuity, policy stability, and an enabling ecosystem will attract investors to the state,” Pratap Keshari Dev, Minister of Industries, Government of Odisha, previously stated.
The government expects to earn 6 lakh crore from the five-day event, with 50,000 crores coming in from ancillary and downstream investments combined. According to officials, Adani Group intends to build a 3 million tonne aluminium refinery in Odisha, and Coal India also intends to build an aluminium refinery in the state. Two Japanese companies are also expected to invest in Odisha.
The conclave will host plenary sessions on topics ranging from technology to women entrepreneurship to showcasing skilled-in-Odisha and platform ideas via start-up Odisha in the coming days.
Prasanta Patnaik