The State Government on Friday claimed that it received investment announcement of Rs 90,490 crore with employment potential of more than 70,000 during the two-day Odisha Investors’ Meet concluded in Bengalulu on Friday.
While the delegation from Odisha met 66 top companies in 13 divers sectors, Chief Minister Naveen Patnaik personally met heads of 24 companies on the concluding day on Friday, informed a CMO release. The JSW Steel topped the proposers’ list expressing interest to invest Rs 50,000 crore to set up a steel plant in the State. This was announced by company CMD Sajjan Jindal after meeting the Chief Minister at the event.
“The capacity of the steel plant will be 10 MTs. Besides, we have proposed to set up a slurry pipeline at an initial investment of Rs 1200-1500 crore,” Jindal said
The Odisha Government is organising the meet in an attempt to encourage investments in sectors like manufacturing, IT, electronics, petrochemicals, food processing and tourism.