The State Government would soon formulate a policy on the Defence and aerospace sectors.
Chief Minister Naveen Patnaik told a delegation of French investors while meeting them in the State Secretariat on Saturday.
The Chief Minister urged the delegation to invest in aircraft, food processing and medical equipment sector also.
In fact, the Make in Odisha (MiO) initiative of the State Government received a boost with France evincing interest to invest in Odisha in hotel, steel, electronics and energy sectors.
This was hinted by a Ambassador of France to India Alexandre Ziegler who led the delegation which met the Chief Minister.
According to a release from the Chief Minister’s Office, Patnaik requested the French investors to invest in the State and participate in the second edition of ‘Make in Odisha’ scheduled to be held in Bhubaneswar from November 11 to 15.
“A socio-economic and commercial bond can be established between India and France with investments in Odisha,” the CM told the delegation.
The Chief Minister said Odisha is a minerals-rich State and has the distinction of being the aluminium capital of South Asia with 54 per cent of total production. Similarly, the country’s 25 per cent steel is produced in Odisha making the State a steel hub, he added.
The Chief Minister said Odisha has its Vision-2030 for the development of downstream and ancillary industries in the metal sector.
Ziegler and members of Indo-French Chamber of Commerce also appreciated the suitable environment in Odisha for investment, said sources.