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I have no vested interest: Patnaik tells industry captains

Press Trust of India  |  Bhubaneswar 

Chief Minister today said he did not have any other vested interest than development of the state and called upon the industry community to be partners in the growth story.

"I have a vested interest in the progress of and the prosperity of my people... The people of my state, who have been continuously blessing me know that I have no other vested interest. This is the USP of our state," Patnaik told the gathering comprising the big names like Anil Agarwal, Goutam Adani, Sashi Ruia, Satish Pai, Arundhati Bhattacharya, Sanjay Mehrotra, Saroj Kumar Poddar and many others.

Vedanta Group chairman Anil Agarwal, Adani Group chairman Goutam Adani and Tata Steel's T V Narendran while speaking in the conclave also highlighted how political stability in has helped them to set up industries in the state.

"Come, join us and be partners in our growth sector. I promise each one of you that our will walk the extra mile to facilitate investment to promote growth, to provide employment and to reduce disparities," Patnaik said not forgetting to recall his legendary father Biju Patnaik, who was also an industrialist before joining politics.

The CM said the state has identified five focus sector which are promoted through Odisha's industrial policy.

"We will set international benchmark. Odisha is the first state to proactively pursue transparent auction of mineral resources after the amendments in the MMDR Act. I assure you that our policies will sort out the much needed raw material linkage in this changed scenario," he said.

The Chief Minister said apart from investor-friendly policies and technological interventions, the state's prime focus is on creating world class industrial infrastructure facilities for investors.

"We are developing large investment regions in the form of National Investment and Manufacturing Zone (NIMZ) at Kalinga Nagar, a petroleum, chemicals and petrochemicals investment region (PCPIR) at Paradip, a port-based manufacturing zone at Dhamra and a number of sector specific industrial clusters," Patnaik added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, December 02 2016. 00:32 IST