The State Government has taken significant initiatives to strengthen the trade and industry credentials and the State would emerge as the strongest industrial hub in the country in July 2016 ranking, Industries Minister Debi Prasad Mishra exuded hope at a seminar “Doing Business in Odisha” organised by the Confederation of Indian Industry (CII) here on Wednesday.
He said Odisha has already become one of the top three preferred destinations for investment in the country and aspires to be a leader as far as measures to ease doing business is concerned.
CII Eastern Region Director Dr Saugat Mukharjee said Odisha has emerged as the eastern gateway to international business investors.
Similarly, Nalco CMD Tapan Kumar Chand said Odisha has become a strong performer in terms of deals related to unification and acquirement.GDP growth is accelerated at 7 plus on account of accommodative fiscal policy as capital expenditure picking up. “Odisha has become state of happening for its growth,” he said.
CII Odisha State Council chairman DS Ravindra Raju said now it is favorable for industries to invest in Odisha.
Industries Principal Secretary Sanjeev Chopra made a presentation on the State Industrial Policy and Government initiatives.
There are 21 priority sectors and five focused sectors for investment and development, including agriculture and food processing, IT and tourism, electronic system, handicrafts, textiles and petroleum, chemicals and petrochemicals, renewable energy and pharmaceuticals, the Secretary said.
Home Secretary Asit Tripathy said India stands 143rd among 162 countries on the Global Peace Index. He emphasized on control of industrial violence to effect growth in the sector.
Other prominent persons like Admiral (Retd) AK Verma, CMD of GRSE ltd, Sanjay Kumar Singh, MD, Idco and CEO, OCAC and Sanjay Pattnaik, Vice-Chirman of CII Odisha State Council and Executive Director Tata Sponge Iron ltd spoke on the occasion.