He noted that Odisha ranks among the top states of India in terms of live manufacturing investments and has been accorded the 'achiever' status in the recently released 'Ease of Doing Business' ratings.
The investment proposals submitted by foreign companies like EMAAR Group, Noon.com, Al Maya Group, GL Employment, MATU Investments and others are in the finalization stage.
While addressing the Odisha Investors' Meet on Wednesday evening, Chief Minister Naveen Patnaik urged industries to explore investment opportunities in the state during The Make in Odisha Conclave 22' that will be held in Bhubaneswar from November 30 to December 4.
The next investors’ meet is all set to be held in Delhi on August 31.
It is important to start investing because after a particular age, for some reason or the other, you will not be able to get the cash flow from your salary.
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The Naveen’s team will try to bring as much investment as possible in the fields like petrochemicals, plastic, food processing, sea food processing, textiles and tourism.
It is true that mutual funds, particularly equity funds, fluctuate with market trends and can consequently be very risky. However, data from equity funds over the long term indicates that the risks are evenly distributed over the long run.
Leading the sports ecosystem in the country, Odisha has hosted several international sporting events including Asian athletics championships 2017, men's hockey world cup 2018 and the ongoing hockey men's junior world cup 2021.
Bhubaneswar: Union Minister Dharmendra Pradhan today shot off a letter to Odisha Chief Minister Naveen Patnaik alleging non-cooperation of the State in matters relating to food processing and investment. Pradhan also sought a personal meeting with the CM at his office to discuss various investment opportunities for the State. Expressing his anguish on the CMO […]
Bhubaneswar: After managing to come out of the cobweb of confrontations and controversies in 2016, the Odisha government will set its feet on its fourth year of its fourth term in 2017. But some of the challenges it had encountered last year will chase like a shadow in 2017. Out of the major challenges the […]
Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited has aggressive plans to ramp up its cement production capacity which currently stands at 25 million tonne per annum (mtpa). For this the company, which participated in the ongoing ‘Make In Odisha’ conclave has planned to invest Rs 2000 crore in Odisha in the […]
Bhubaneswar: Though the State government is planning to cash in on the much awaited ‘Make In Odisha’ conclave scheduled to begin here from Wednesday, to prominently place the State in the industrial belt of the country, it is able to create about 36,000 acre of land bank, of the one lakh acre land it had […]
New Delhi: In a bid to promote the Make in Odisha conclave in Bhubaneswar, the State government organized a road show in New Delhi today. Odisha Industries minister Debi Prasad Mishra took part in the road show along with Secretary of the Industries Department, Sanjeev Chopra. The road show is an endeavour of the State […]
Chennai: Energy major Indian Oil Corporation (IOC) will be investing about Rs 7,112 crore in infrastructure facilities in Tamil Nadu over the next three years, said a senior official. At the IOC group level — IOC and group company Chennai Petroleum Corporation Ltd — will be investing about Rs 37,112 crore in Tamil Nadu. “The investments […]
Bhubaneswar: The Odisha government on Wednesday approved five investment proposals worth Rs 1,508 crore which will create employment opportunities for 2,155 people. The proposals were approved at the 78th meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Aditya Prasad Padhi. The SLSWCA accorded approval to IOCL to set up […]
Bengaluru: Global software major Infosys Ltd on Thursday said it made a follow-on investment of $1.5 million (Rs.9.75 crore) in Waterline Data Science, a US-based data discovery and data governance software firm. “The follow-on investment of $1.5 million has been made in cash through the Infosys Innovation Fund,” said the IT major in a regulatory […]
New Delhi: In major changes liberalising foreign direct investment in key sectors, the Union Cabinet on Wednesday approved 100 per cent foreign investment in single brand retail trading (SBRT) and construction development and decided to open up Air India for FDI up to 49 per cent. Besides, the government also decided that foreign institution investors and […]
Bhubaneswar: With aim to promote investments in downstream aluminium sector, the State government on Monday held talks with over 70 Indian companies and invited them to invest in downstream ecosystem. The Industries Department organised the event here in association with the Confederation of Indian Industry and highlighted the advantages of investing in Angul Aluminium Park, […]
New Delhi: India on Friday signed a loan deal worth $76 million with Japan International Cooperation Agency (JICA) for a project to upgrade the environment management plan at Alang-Sosiya ship recycling yards in Gujarat, an official statement said. The total cost of the project will be $111 million, out of which $76 million will be […]