Bhubaneswar: Following the successful organisation of the biennial investors’ meet Make in Odisha Conclave 2018, Odisha’s industrialisation journey received a major boost with Chief Minister Naveen Patnaik performing the groundbreaking-cum-inauguration for 18 industrial units which will collectively invest Rs 2196.30 crores and create employment opportunities for 3,465 people.
Speaking at the ceremony, the Odisha CM said, “Odisha’s vision is to become the Manufacturing Hub of the East. Through Vision 2025 for industrial development, we had devised an action plan to bring more manufacturing investments across the State to provide higher employment opportunities to our people. My Government is working towards ensuring that the investment intents get converted into actual investments. We witnessed groundbreaking of 14 new projects and inauguration of another 4 industrial projects today. I am happy to note that GO-SWIFT, the online single window portal has received 600 industrial project applications in just over 14 months, which translates to almost 2 new proposals for industrial projects every working day during this period in the State. This is an incredible achievement for the State and I congratulate all the concerned Departments who have made this possible.”
Speaking at the ceremony, Chief Secretary Aditya Prasad Padhi said, “The State has recently launched a dedicated mechanism of ‘Industry Care’ to further facilitate and provide aftercare services to the industrial units set up in the State. MSMEs in the State are getting our focused attention. The State Project Monitoring Group (SPMG) portal named e-Suvidha which was till recently receiving and resolving grievances of industrial units with an investment of more than Rs 50 crore, has now been opened up for all industrial units including MSMEs. I request all concerned Departments to ensure expeditious resolution of issues and grievances of all large as well as MSME enterprises in the State through the ‘Industry Care’ framework.”
Notably, food processing including seafood received a significant boost with 6 projects witnessing inauguration/groundbreaking thereby grounding investments of INR 672.39 crore. In another important development, two aluminium downstream units had their groundbreaking done at the Angul Aluminium Park (a JV between state-owned IDCO and aluminium major Nalco Angul) which was a first in this industrial park’s short history. Angul Aluminium Park is the only such downstream aluminium park in the whole of South Asia and its USP is that direct molten metal shall be provided by Nalco whose plant is nearby.
The State provides unmatched facilitation mechanism to investors where the Odisha Chief Minister closely monitors the investment proposals leading to the grounding of projects on time with all supporting infrastructure facilities. This assumes significance as Odisha is among the few states in India which are attracting big-ticket investment proposals in manufacturing consistently.
With the objective of attracting 2.5 lakh crore of fresh investments and generating 30 lakh job opportunities as part of CM Naveen Patnaik’s Vision—2025, the Government of Odisha is diversifying and broadening the state’s industrial development across the focus sectors. Odisha’s investor-friendly policies and the development of world-class infrastructure have received very positive feedback from investors across the country as the State has been able to create an ideal business ecosystem for various sectors to flourish in the state.
Notably, food processing including seafood, a strategic priority of the State Government’s industrialisation plan contributed over half of the projects (8 of the 15 projects). This further strengthens Odisha’s position as the food processing hub of Eastern India.