To attract investments in various sectors, the State Government has planned to organise road shows in Italy, Germany and Saudi Arabia ahead of the ‘Make in Odisha’ Conclave-2018.
Industries Minister Ananta Das participated in panel discussion with industry experts in Italian city of Milan to promote industrial development in Odisha. The Minister is now on a visit to Milan on the invitation of Italian Consul General for Eastern India Damiano Francovigh,
A discussion was held on ‘Odisha-Industrial hub for Italian companies bilateral meetings’ chaired by President IIMH Alberto Cavicchiolo on Monday, said sources in the Industries department.
Several companies such as Nalco, Hindalco, JS Group, Renovation, Daniel and C Tenova, Vedanta, Foundry Ecocer, Sideridraulic have been invited to participate in the ongoing discussions.
Industries Secretaries Sanjiv Chopra and Odisha Industrial Infrastructure Development Corporation (Idco) CMD Sanjay Kumar Singh are a part of the 13-member team led by the Minister. The team would visit Italy, Germany and Saudi Arabia to invite investors to the ‘Make in Odisha’ conclave, scheduled to be organised here from November 11 to November 15. The team would showcase its investment potential and the slew of measures taken for ease of doing business to foreign investors during the tour.
In the second phase, the team would visit China, South Korea and Japan in August.
The State Government is partnering with the Federation of Indian Chambers of Commerce and Industry (FICCI) for the second ‘Make in Odisha’ conclave after withdrawal of the Confederation of Indian Industries (CIIs).
In the first ‘Make in Odisha’ concalve held in December 2016, the State had drawn investment intents of Rs 2.03 lakh crore. Sixty per cent of investment proposals are now in various stages of approval or implementation, as claimed by the Government.