In order to accumulate capital from mining industry, president designate of PHD Chamber of Commerce and Industry and Deputy Managing Director of DCM Shriram Industries limited Alok B Shriram urged the State Government to make investment process simpler and appealing.
Mining sector of State has a lot of potential but has lost its charm because of complicated clearance procedure. In various parts of the State, lavender blue granite commonly known as Odisha blue, sweat green, ikon brown variety of granite and other minerals are abundantly available but due to lack of fruitful and industry friendly policies, investors are not showing interest. Shriram urged the State Government to make process simpler which will attract more and more domestic and foreign investors.
“Single window clearance mechanism should be devised to reduce hassle and thus attracting even more industrialists to the mining industry in the State,” Shriram said while stressing upon tackling the Naxal problem in the State.
“Prime Minister Narendra Modi’s “Make in India Campaign” would pull investors only when well being of industrialists, labours and various other people associated with the concerned company is kept in mind while making the policies,” added Shriram.