Bengaluru Investors’ meet: CM unveils Odisha start-up policy

Bengaluru: Chief Minister Naveen Patnaik unveiled Odisha Start-up Policy (OSP)-2016 at the Investors’ Meet that began here yesterday.

The new policy that aims to see 1,000 ventures in the state in the next five years and place Odisha among the top three investment destinations in the country by 2020 was recently approved by the state cabinet.

Official sources said Patnaik also held discussions with prospective investors at the meeting.

After the meet , he would release the master plan for the proposed Info Valley Project at Bhubaneswar.

An MoU between the Odisha Government and and Wadhwani Foundation will be signed on the occasion under which the foundation would assist Odisha in vocational and skill development training of youths in the state, official sources said.

The two-day meet is being jointly organised by the CII and Odisha and Karnataka Governments. On the first day, concerned Ministers and top officials of the State Industry and IT departments had discussion with representatives of 42 companies. Neyveli Lignite Corporation (NLC), a Navratna public sector undertaking (PSU), has evinced interest in investing Rs 25,000 crore in Odisha.