A delegation of senior officials of the State Government led by Chief Secretary AP Padhi is in Mumbai for a two- day investors’ meet which began on November 30. They met prospective investors from Mumbai for attracting more investments to Odisha.
The team held extensive meetings with senior representatives of various companies across focus sectors of the State, including ancillary and downstream industries, metal, food processing, apparels and textiles.
“The focus of the State Government is on rapid implementation of projects through seamless inter-departmental coordination and the use of recently launched first-of-its-kind Single Window Portal GO SWIFT,” Padhi said on the sidelines of the investor meeting.
Principal Secretary, Industries Sanjeev Chopra and senior officials from Industrial Promotion and Investment Corporation of Odisha ltd (IPICOl), the State level agency for investment promotion and facilitation, are in the delegation.
The team highlighted the conducive business eco system of Odisha. They focused the stable Government for more than 17 years by CM Naveen Patnaik, 480 km long coastline with presence of deep water ports at Paradip and Dhamra with combined capacities expected to reach in excess of 400 MMTPA by 2020, largest producer of steel, stainless steel and aluminium in India, State emerging as education hub, more than 1,00,000 technical and skilled personnel graduating every year from the State, one of the lowest costs of doing business in terms of power tariff, labour wage rates, cost of living, cost of industrial land, etc.
The State delegation also informed the investors about the recent business reforms and incentive framework available for investor community across focus sectors.