Make In Odisha 2018 doubles last conclave’s results

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Odisha CM
Naveen Patnaik. (File Photo: IANS)

Chief Minister of Odisha Naveen Patnaik has set the implementation target at 75% over the next two years for the investment intents received at Make in Odisha Conclave 2018. The flagship biennial flagship investors’ meet of the State concluded yesterday in Bhubaneswar and was overwhelmingly successful by every measure. The conclave has been a watershed moment in Odisha’s industrialisation journey as it received investment intent of INR 4,19,574 crore across 15 diversified sectors which shall create 5,91,000 additional jobs. This is more than double the investment intent collected in the previous edition in 2016 which was to the tune of INR 2.03 lakh crore.

The conclave saw tremendous response with 5,074 industry captains and delegates from India and abroad participating in the event. 31,806 people have already visited the largest-ever industrial expo set up by the State. Japan was the Partner Country for the conclave.
The conclave will further the vision of the state to broad base the industrial growth with a slew of investment proposals in sectors such as Chemicals and Fertilizers, Petrochemicals, Food Processing, Healthcare, Tourism, Renewable Energy and Electronics which will create new employment opportunities for the skilled youth of the state.

Addressing the Conclave Hon’ble Chief Minister of Odisha, Naveen Patnaik said, ‘The second edition of MIO Conclave 2018 has been a defining moment in the history of industrialization of Odisha. I would like to thank the industry for joining us and reposing their trust in the State and her people. I am confident that the policy ecosystem and the investment opportunities showcased in the Conclave, and the deliberations held at the various sessions would help the State emerge as the most preferred investment destinations in the country.”

Mr. Sanjeev Chopra, Principal Secretary, Industries, Government of Odisha said, “The response to the conclave has been overwhelming. The focus of the conclave was not just to propel the industrial development further but also to provide a platform for the stakeholders 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. 65% of investment intents received during the Make in Odisha Conclave 2016 are in various stages of approval and implementation. The target by the Hon’ble CM is ambitious yet achievable. We are committed to leave no stone unturned in meeting this target. The focus for the next two years will continue to be on translating the investment intents into projects on the ground. I am positive that Odisha will be among the most industrialised states in India in the next 5-10 years.”

The theme of the Conclave was ‘I am Odisha’ with an intention to convey the achievements and successes of the State and her people to the global community. The top three stories received under the campaign were given ‘Pride of Odisha’ awards at the hands of the Chief Minister during the valedictory session.

The Chief Minister of Odisha, Naveen Patnaik also announced that the next edition of the ‘Make in Odisha Conclave’ will be held during Nov 30 – Dec 04, 2020.