Make in Odisha 2.0 may get global tag

State in talks with Japan, Germany, UK and China, seeks more than one partner country for second conclave

Image
Jayajit Dash Bhubaneswar
Last Updated : Nov 28 2017 | 7:13 PM IST
After tasting success at its inaugural edition, the second conclave of Make in Odisha, the showpiece event for investments is set to get bigger with global participation.

For the second  conclave scheduled on November 11-15 next year, the Odisha government in in talks to rope in more than one partner country.

"We have initiated some talks with Japan, Germany, UK and China. The government would follow up with some roadshows in these countries as well as domestically in the run up to our next investment conclave. Depending on the feedback, we can have their participation as partner country. Ideally, we are looking at more than one partner country for the event”, said a government official.

Like the previous edition, the next Make in Odisha conclave would see the state government partnering the Department of Industrial Policy & Promotion (DIPP) and Confederation of Indian Industry (CII). As many as 5,000 companies- domestic and overseas are to be invited for the mega event.

At the last year's conference, the state government drew investment intents worth Rs 2,03,000 crore across 10 sectors. Though the focus was on attracting investment in emerging areas and thrust sectors identified by the state government, metal sector emerged as the highest grosser with about Rs 97,000 crore investments. The thrust sectors listed in the state's Industrial Policy Resolution (IPR) are petrochemicals, chemicals & plastics, tourism, electronics manufacturing, food processing including seafood, textiles & apparel and ancillary & downstream industries in metal sector.

Apart from the six identified thrust sectors, the focus at the ensuing conclave would also be on drawing investments in healthcare and automobiles where Odisha needs to catch up with peer states.

T K Chand, chairman of CII's Odisha State Council and Nalco's CMD said, “In our view, Odisha can become big not only by focusing on mines and minerals, its core strengths, but also by looking at other sectors such as food processing, IT and electronics, petro-chemicals, chemicals and education. The Odisha government under the leadership of the chief minister Naveen Patnaik, has already taken some measures to attract investments in sectors other than mines and minerals, and CII is extremely happy that Odisha is steadily building its new areas of strength for the future.”

"To its credit, the state has prepared business friendly policies. Improving basic infrastructure for setting up business can be the key area of improvement,” he added.

The state government, meanwhile, is going ahead with its roadshows to promote Odisha as a favoured investment destination. Investor roadshows are lined up in Mumbai on November 30-December 1. A delegation led by the state chief secretary A P Padhi would meet investors in the thrust sectors.

In parallel, CII is hosting its 21st edition of 'Enterprise Odisha' from December 7-11 in Bhubaneswar.

"CII works very closely with the state government. We always provide industry inputs to the state government for building a robust industrial climate in the state. The upcoming 21st edition of  CII Enterprise Odisha to be held in the state capital from December 7-11 in Bhubaneswar from is a focused CII initiative to showcase the state among the major investors from across the country and beyond,” said Arun Misra, vice chairman, CII Odisha & vice president (Project Gopalpur), Tata Steel (Gopalpur Project) and managing director, Tata Steel SEZ Ltd.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story