Odisha organises investors’ meet in Kolkata

BHUBANESWAR: In the run-up to the Make in Odisha conclave 2018, the state government on Thursday organised an investors’ meet in Kolkata to showcase business ecosystem in Odisha.
According to an official statement, the state government delegation, led by industries secretary Sanjeev Chopra, got encouraging response with over 20 Kolkata-based industrialists participating in the investors’ interface. The state government delegation discussed issues like low cost of doing business in the state, incentives for investors, dedicated sector-specific clusters and over 1,21,000 acres of land bank available for industrial development.
“We are pleased to receive an encouraging response from the business community of Kolkata.Odisha’s business friendly policies and the development of world-class infrastructure have received very positive feedback from investors across the country as we have been able to create an ideal business ecosystem for various sectors to flourish in the state,” said the statement quoting Chopra.
The industries secretary said the state government has seen a significant rise in attracting manufacturing projects with more than 118 large projects approved with employment potential of 1.28 lakh in past four years. “The average time taken for approval of the projects is also reduced to 20 days from the date of receipt of completed project application,” he added.
The state delegation also participated in a roadshow organized by Indian Oil Corporation Limited in Kolkata where the strategic advantages and opportunities for plastics and technical textiles were showcased at the Paradip Plastics Park and Bhadrak Textiles Park.
In addition to the investors meet and the roadshow, the delegation also met the Consul General of China and Deputy Consul General of Japan in Kolkata and invited companies from both the countries to participate in the second edition of the biennial Make in Odisha Conclave 2018.