Bhubaneswar: The Utkarsh Odisha – Make in Odisha Conclave has received an overwhelming response, with 145 investment-related Memorandums of Understanding (MoUs) signed, paving the way for transformative industrial projects and partnerships in Odisha.
Chief Minister Mohan Majhi announced that MoUs worth Rs 12.89 Lakh Crore of investment have been received across various sectors, including chemicals and petrochemicals, textiles, mining and metallurgy, renewable energy, IT/ITeS, tourism, and food processing. These investments are expected to generate over 8.94 Lakh job opportunities, creating a significant socio-economic impact and ensuring inclusive growth across the state.
In addition to the MoUs signed, 448 investment intention forms with an investment value of Rs 3.84 Lakh Crore were received, with an employment potential of 3.92 Lakh jobs. The conclave has been a huge success, with the state receiving a total of 593 projects with an investment of Rs 16.73 Lakh Crore and employment potential of 12.88 Lakh across over 20 sectors.
The conclave attracted delegates from over 16 countries, including representatives from partner countries such as Singapore, Malaysia, and Australia, further strengthening Odisha’s position as a global investment destination.
Chief Minister Majhi also announced that the exhibition will be extended for one more day, until January 31, 2025, to allow the general public, especially youth and students, to better understand Odisha’s emergence as a rising industrial powerhouse.
The Chief Minister expressed gratitude to Prime Minister Narendra Modi for his unwavering support to Odisha, citing the Prime Minister’s message to global industries that “Odisha is the best. Odisha is now an excellent place for investment.” Majhi also congratulated the Industries Department, IPICOL, IDCO, CII, PwC, and all involved departments for their meticulous planning and execution.
