Naveen opens NOCCi Business Park in B'swar

Chief Minister Naveen Patnaik on Saturday said his Government lays emphasis not only on big industries but also on growth of the MSME sector, downstream and ancillary. He was inaugurating the NOCCi Business Park for industries, trade and commerce, a world-class facility, here.

Patnaik described the park as first of its kind in the State and one of the in eastern India. The project of around Rs 85 crore is built with a 75-per cent share of the Government of India and 25 per cent by the State Government and stakeholders.

Baleswar BJD MP Rabindra Kumar Jena said that as per the Reserve Bank of India, Odisha is the hottest venue for investment. The investment could be around Rs 55,000 crore while Maharashtra is second with Rs 22,000 crore. Odisha’s export could touch Rs 25,000 crore.

Secretary, Department of Industrial Policy and Promotion Amitabh Kant stated that the NOCCi project is one of the best in eastern India in PP mode.

NOCCi president Devasis Mahanty sought the State Government’s encouragement and addressing of various issues faced by industries.

The NOCCi Business Park is built in a 10-acre area having star-rated accommodation, recreation, cottage industry exposition and open-air theatre and is close to NH-5.