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Odisha govt to amend norms to woo ESDM investors

The state govt is planning to bring down the minimum investment criteria to Rs 100 cr from Rs 200 cr

Odisha govt to amend norms to woo ESDM investors
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Investment

Nirmalya Behera Bhubaneswar
After failing to woo investors in the Electronics System Design & Manufacturing (ESDM) sector, the Odisha government is set to amend its special incentive package scheme meant for investors in the electronics sector to the woo the investors

The state government is planning to bring down the minimum investment criteria to Rs 100 crore from Rs 200 crore earlier for the investors to avail the 25% investment subsidy on fixed capital investment.

“The industries department has suggested to ease the eligibility norms so as to attract investors in the ESDM sector. The minimum investment criteria for the investors will be