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Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Breaking News

Dy CM Singh Deo Highlights Odisha’s Growth Potential, Invites Investments At CII Summit In Mumbai

OMMCOM NEWS by OMMCOM NEWS
August 19, 2025
in Breaking News, Odisha

Bhubaneswar: Deputy Chief Minister Kanak Vardhan Singh Deo participated in the 4th Confederation of Indian Industries (CII) East India Summit 2025, held at Hotel Taj Mahal Palace in Mumbai.

The East India Summit is a flagship initiative focused on unlocking the vast economic potential of Eastern India, featuring state-specific sessions, policy roundtables, and dialogue platforms between investors and government representatives.

 In his keynote address, Singh Deo highlighted Odisha’s investible proposition, citing its mineral endowment, deep-water ports, robust rail and road linkages, availability of land, and natural resources for port-led industrial growth. He emphasized that Odisha is building integrated industrial ecosystems and export-oriented manufacturing corridors with logistics and market access as strategic priorities. The state is open to strategic partnerships, anchor manufacturing, advanced technology, and greenfield value chains.

Quoting the Prime Minister, Singh Deo said, “This is the right time to invest in East India,” and invited industrialists to invest in Odisha. He also mentioned that the state government has grounded a record 56 projects, representing an investment of ₹1.78 lakh crore, with a job potential of 1.11 lakh, aiming to generate one lakh new jobs and ensure inclusive growth.

The CII East India Summit served as a catalyst for transforming the region into an economic powerhouse. Other participants included Deputy Chief Minister of Bihar Samrat Choudhary, Industries Minister of Bihar Nitish Mishra, Finance Minister of Chhattisgarh O P Choudhary, Chairman of CII Eastern Region Shashwat Goenka, Chairman of CII Western Region Rishi Kumar Bagla, and Commissioner-cum-Secretary of MSME Department, Odisha, D Prasanth Kumar Reddy, along with administrative officers, investors, industrialists, and entrepreneurs from Bihar, Chhattisgarh, and West Bengal.

Tags: KV Singh DeoMumbai
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