The Government of Odisha’s Single Window for Investor Facilitation and Tracking (GO-SWIFT) has received a very encouraging response from investors across the country.
Launched in November 2017, the portal has received the 500th investment proposal from a Gurugram-based manufacturer of sanitary ware products. The company has proposed to invest Rs 350 crore to set up a manufacturing unit for glass containers with a capacity of 1, 30, 000 tonnes per annum at Cuttack.
The project will create direct and indirect employment opportunities for over 1,200 people. The State Level Facilitation Cell has recommended the proposal to State Level Single Window Clearance Authority for approval.
Commenting on the development, Principal Secretary, Industries Sanjeev Chopra said, “It is encouraging to note that within a short span of one year, the GO-SWIFT has received the 500th investment proposal. Due to significant ease of application and expeditious approval process, there has been a considerable increase in the number of investors wanting to set up their units in Odisha. The Make in Odisha Conclave 2018 has given further impetus to the flow of investment proposals. We will continue to raise the bar for ease of doing business and are focused on speedy implementation of projects on ground.”
Some of the leading companies whose proposals were received and approved by State Level Single Window Clearance Authority include Manpasand Beverages, ITC Foods,Apar Industries Limited, Sri Malani Foams (a company from the house of Century brand of mattresses), Vedanta, JSW Cement, Gokul Agroand Jindal Aluminum among others.