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Odisha Invites Chinese Industries To Establish Investment Links

05 September 2019

Debashish Maharana

Bhubaneswar: An Invest Odisha delegation led by Industries and Micro, Small and Medium Enterprises (MSME) Minister Dibya Shankar Mishra have visited Guangzhou in China to attract investment opportunities.

After a road show, the delegation visited Nine Dragon Paper (Holdings) Limited at Donguang near Gaunzhou, which has shown interest in investing in Odisha. Another road show was organised in the afternoon which was attended by the Chinese Industries representatives and was facilitated by the Indian Consulate in Guangzhou under the leadership of Sujit Ghosh.

During an interaction session, Mishra urged that India and China have ancient links and that under the leadership of Chief Minister Naveen Patnaik, Odisha has come up a long way and is now one of the most industry ready State in India, with some of the best parameters in infrastructure and skill availability.

The Minister invited the Chinese industries to visit the state and establish investment links for which the state of Odisha is committed to give the best of facilitation and services.

MD IPICOL and Special Secretary of Industries department, Nitin Jawale, gave a presentation on Investment climate and opportunities in Odisha. He also answered the queries raised by Chinese companies in the interaction session.

The event was followed by one to one meeting with members of China Association of Small and Medium Enterprises (CASME) about bringing industries and supply chains in different sectors in Odisha and some others including, Phenix Battery Company a manufacturer of mobile phone batteries.