“Experience the countless opportunities my State has to offer and I also assure you unmatched facilitation support from my government.” This is Odisha Chief Minister Naveen Patnaik’s message to investors.

Speaking at an investor meet organised by Odisha government in association with Federation of Indian Chamber of Commerce and Industry(FICCI) here on Wednesday, Patnaik invited the business community from Tamil Nadu to take part in the second edition of ‘Make in Odisha Conclave 2018’ and invest generously in the State.

First conclave

The first edition of the biennial conclave held in 2016 evoked enthusiastic response with investment proposals worth over ₹2 lakh crore, Patnaik said, adding that 65 per cent of the projects are in various stages of approval and implementation.

Highlighting Odisha’s contribution as the largest producer of steel and aluminium, the Chief Minister said the government is making all efforts to upscale mineral production to take advantage of the State’s rich mineral resources.

Urging the business community from the State to invest in Odisha, Patnaik said, “We have introduced various measures to facilitate ease of doing business such as Government of Odisha - Single Window Portal for Investor Facilitation and Tracking (GO-SWIFT), through which end-to-end business clearances are given in a matter of just 20 days.

New proposal

“I am glad to announce that we have received 400th investment proposal through GO-SWIFT portal within 10 months of its implementation,” Patnaik said.

The Chief Minister handed over the approval for the 400th GO-SWIFT proposal to Abraham Stephanos, MD, Tata Steel Processing and Distribution Ltd (TSPDL).

The approval allows TSPDL to set up a steel doors & windows manufacturing unit with a capacity of 1,80,000 units a year at Kalinganagar Industrial complex in Jajpur with a total investment of ₹92 crore. The unit will employ 250 people.

The Chief Minister also launched ‘36-hour Smart Odisha Hackathon’ inviting budding entrepreneurs and students to come up with innovative solutions to resolve the pressing challenges of public service delivery.

Testimonials

R Thyagarajan, Chairman, Shriram Group, said on the occasion that encouraged by the support received from the Odisha government and customers, the group has expanded its business from commercial vehicle finance to life and general insurance business in the State.

“We are in discussion with Odisha government officials on entering the metallurgical business with a new plant in the State in a few months,” Thyagarajan said.

Leading businessmen from Tamil Nadu such as PR Venketrama Raja, Chairman, Ramco Group, MAMR Muthiah, Managing Director, Chettinad Group, and Abraham Stephanos, Managing Director, TSPDL, also shared their experience in ease of doing business in the State and lauded the Odisha government for its support in facilitating business.

The current edition of the biennial investor conclave to be held in Bhubaneswar on November 11-15 will have sector-specific seminars across food processing, smart city, logistics & infrastructure, tourism and aerospace industries.

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