Odisha to organise roadshows abroad to attract investments

Bhubaneswar: It seems that Odisha government has now geared up for the proposed mega Make in Odisha Conclave scheduled to be held in November.

As part of its strategy to attract investments, the State government has planned to organise roadshows in Italy, Germany and Saudi Arabia to attract investments ahead of the Make in Odisha Conclave, a minister said on Saturday.

A 13-member team is scheduled to visit different countries to meet and woo investors for the Make in Odisha Conclave starting from November 11 to November 15, informed Industries Minister Ananta Das adding that the team will visit three countries, Italy, Germany and Saudi Arabia.

The tour is scheduled from July 1 to July 10, he added.

The team will be led by Odisha Industries Minister Ananta Das and department secretary Sanjeev Chopra.

The team would showcase its investment potential and the slew of measures taken for ease of doing business to the foreign companies during the tour.

In the second phase, the team will be visiting China, South Korea and Japan during the first or second week of August, informed the Minister.

Notably, the state government has partnered with the Federation of Indian Chambers of Commerce and Industry (FICCI) for the second Make in Odisha conclave after the Confederation of Indian Industry’s (CII) withdrawal from the conclave.

At the inaugural edition of Make in Odisha in December 2016, Odisha drew investment intents valued at Rs 2.03 trillion at the event.

Sixty per cent of those investments are now in various stages of approval or implementation, said the minister.