News

Make In Odisha business summit receives Rs 10.5 lakh crore investment intents: CM

Make In Odisha business summit receives Rs 10.5 lakh crore investment intents: CM PTI Updated: December 4th, 2022, 13:25 IST in Business , Metro , Top Stories 0 OP Pic Share on Facebook Share on Twitter Share on WhatsApp Share on Linkedin Bhubaneswar: Odisha has received an impressive Rs 10.50 lakh crore investment intents at the third edition of the Make In Odisha (MIO), Conclave, 2022, Chief Minister Naveen Patnaik said Saturday. It’s a win-win situation for the investors and the state, he said. “I am happy to announce that the conclave has generated investment intents of Rs 10.50 lakh crore with potential for 10.50 lakh direct and indirect employment. It’s heartening to see the huge response we have got especially in the post covid scenario,” an elated chief minister said at the concluding session of the MIO, Conclave. Patnaik called all stakeholders to work hard to implement these investments on the ground and take Odisha to a new era of growth. The chief minister assured all investors that the state will walk the extra mile for them. “We will walk the talk. It will be a win-win situation,” he said. Patnaik gave special thanks to MIO, Conclave’s country partners – Japan, Norway, and Germany. “I hope that we further strengthen our relationships and create more opportunities for mutual trade, commerce, and people-to-people relationships,” he said. Describing the summit as a “grand success,” Industries secretary Hemant Sharma said Rs 10,48,807 crore investment intents were received in different sectors through 741 proposals. If implemented, this investment would generate employment for 19,37,701 people in the state. The MIO Conclave, 22 was termed “grand success” as it generated around five times more investment intents than the first edition of the conclave in 2016. In the second edition, the state had received Rs 4.23 lakh crore investment intents, an official in the Industries department said. The investment proposals have been received in different 21 sectors. The highest 145 proposals came from mineral, metal, ancillary and downstream sector having investment intents of Rs 5,49,764 crore followed by Fertilizer, chemicals, petro chemicals and plastic (Rs 70,080 crore), agriculture and food processing (Rs 7429 crore), power, renewable energy and green energy (Rs 2,38,455 crore). PTI Tags: make in odisha conclave Naveen Patnaik Share Tweet Send Share Suggest A Correction Enter your email to get our daily news in your inbox. Leave this field empty if you’re human: Related Posts Bird poacher arrested, carcasses of seven birds seized December 4, 2022 Transformation in education now a reality in Odisha: Naveen December 4, 2022 Mayurbhanj: 65-year-old man sentenced to life imprisonment in murder case December 4, 2022 Senior scribe Baishnab Jena dies at 68 December 4, 2022 Jumbos unsafe in Athamallik December 4, 2022 Indian markets do better than global leaders despite interest rate hikes December 4, 2022 Leave a Reply Cancel reply Your email address will not be published. Required fields are marked * Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.

See also  JSW to invest Rs 1 lakh crore in Odisha, says Sajjan Jindal

Creator :Post News Network

Published on : 2022-12-04 07:55:14

Source :orissapost

Article from : See Article