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MoU Inked With FICCI For Next Make In Odisha Edition; Odisha An Investment Destination Of Choice, Reiterates CM

Bhubaneswar: FICCI will be the national partner of the Odisha Government to support investment promotion activities for the next edition of Make in Odisha as a memorandum of understanding (MoU) was signed today between the IPICOL and FICCI through video conference.

While IPICOL MD Nitin Jawale was at Bhubaneswar, FICCI Deputy General Secretary Arun Chawla was at Delhi and the MoU was signed through video conferencing.

Speaking on the occasion, Chief Minister Naveen Patnaik said that the positive policy framework, robust infrastructure, skilled human resources and result-oriented administrative set up will help Odisha realizing this vision.

He added that the 5-T Initiatives have brought about a change in governance and making significant contribution to the overall industrial ecosystem of the State.

With the signing of this MoU, he expressed confidence that the State will take the next leap in terms of industrial growth and development.

Welcoming FICCI as national partner, the Odisha CM said that the Make in Odisha Conclaves in 2016 and 2018 brought in significant increase in the quantum of new investments resulting in creation of a diversified industrial base in the State, and as an outcome, the State has established itself as one of the premier investment destinations in the country.

Highlighting the State’s superior performance as an attractive investment destination despite COVID -19, the Chief Minister said that even during these trying times Odisha has undertaken various investment promotion activities and leveraged digital technology to reach out to the investor community.

This is evident by the fact that the State has attracted over Rs 24,300 crore worth of new investments since February 2020, he informed.

He further said that Odisha has implemented a robust single window framework to enable seamless, hassle-free and prompt investment facilitation services.

Wishing the partnership a great success, the Chief Minister said that the initiatives implemented by various departments have led to expeditious implementation of industrial projects in the State.

Odisha remains amongst the top destinations in terms of grounding of industrial projects, he declared.

The State has all the mechanisms put in place to realise the vision of making Odisha an investment destination of choice, both nationally and globally, the Odisha CM reiterated.

Joining from Hyderabad, FICCI President Dr. Sangitha Reddy said that Odisha has a special relationship with FICCI.

Highlighting the investment climate of Odisha, she said that Odisha has all the critical building blocks for success of the State. The industries body is honoured to become the national partner and it will leave no stone unturned to make it a great success, she added.

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