Odisha plans new industrial policy to focus on creating 3 mn jobs

State govt will harvest the gains from two editions of its showpiece conclaves -- Make in Odisha staged in 2016 and 2018 - to bolster investments and enhance employability of youth

After winning a resounding mandate in 2019 polls, the Naveen Patnaik-led government in Odisha plans to unveil a new industrial policy with thrust on generation of new employment opportunities.

The state government had last recast its Industrial policy statement in 2015, injecting a suite of reforms and incentives to draw fresh investments and boost job creation.

“Best-in-class industrial parks will be established for each of the focus sectors. Industrial corridors will be created for setting up small and medium enterprises across the state. For extension of credit at concessional rates to the eligible MSMEs (micro, small & medium enterprises), a suitable interest