India's eastern state Odisha attracted over INR 100,000 crore investments during Corona crisis: Chief Minister

On 12^th December, Naveen Patnaik, Chief Minister of India’s eastern state Odisha announced that the state government is dedicated creating a favourable environment for the promotion of industries in the state and eyeing on the implementation of new projects.

Odisha has developed an online system for over 30 government-to-business (G2B) services to reduce the regulatory burden on industries, Patnaik said.

“Odisha is concentrating on technological reforms to reduce physical interface in extending government services.”

“The state has been creating a conducive business environment by inculcating professionalism and behavioural change in the agencies,” he said.

The Chief Minister, while addressing the FICCI’s 93rd Annual General Meeting, said: “The state is fast emerging as the manufacturing hub of eastern India and was able to attract new investments of over INR 100,000 crore in various sectors during the COVID-19 crisis.”

He also added that the state has also developed a land bank with over one lakh acre available on a GIS-based platform to facilitate industries to select sites for their projects.

Naveen Patnaik stated clearly that apart from new investments, Odisha is also focusing on the grounding of the projects. Freshly, new industrial projects were launched in diverse sectors, including aluminium downstream. The government is eyeing distinct sectors including the ancillary and downstream businesses in the metal industry.

He concluded by saying: “We are working towards further development in major industrial regions such as Angul and Jharsuguda for aluminium and Kalingnagar for steel downstream projects.”