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Tag: Investment In Odisha

ArcelorMittal & Nippon Steel To Invest Rs 2000 Crore In Odisha

Bhubaneswar: Global steel giant ArcelorMittal & Nippon Steel on Saturday expressed its willingness to invest around Rs 2000 crore in Odisha. The CEO of ArcelorMittal group Lakshmi Mittal informed about the investment proposal while holding discussions with Odisha Chief Minister Naveen Patnaik via video conferencing today. During the online discussion, Lakshmi Mittal informed that his […]

Odisha Govt Clears Investment Proposals Worth Rs 6,923 Cr

Bhubaneswar: The Odisha government on Saturday approved three more investment proposals worth around Rs 6,923 crore which is likely to create employment for 4,638 people, official sources said. The project proposals got the state government’s nod at the High-Level Clearance Authority (HLCA) meeting held under the chairmanship of Chief Minister Naveen Patnaik. The HLCA approved […]

Odisha Attracted Rs 5 Lakh Crore Investments In 3 Years: CM Naveen Patnaik

Bhubaneswar: Chief Minister Naveen Patnaik on Wednesday said the state has attracted investments to the tune of Rs 5 lakh crore in the last three years and it will create a large industrial base which will spur growth of the MSME sector in the state. Inaugurating the Odisha MSME International Trade Fair 2020 here, Patnaik […]

Make In Odisha: Ambani assures Rs 3000 Cr investment; Tata Sons Rs 25000 Cr

Bhubaneswar: The ‘Business Leadership Summit’ kicked off on the second day of ‘Make In Odisha Conclave’ here on Monday with Reliance chairman Mukesh Ambani announcing an investment of Rs 3,000 crore in the State in the next three years while Tata Sons Group chairman, Natarajan Chandrasekaran assuring Rs 25,000 crore investment. Speaking on the occasion, […]

Is BJD trying to restore brand Naveen through 'Make in Odisha' Conclave?

Bhubaneswar: As Odisha government inaugurates the second edition of ‘Make In Odisha Conclave’, the State’s special flagship biennial business event, talks continue to make rounds that the ruling-BJD is trying to promote the image of Chief Minister Naveen Patnaik through the programme after the recent incidents of several corruption issues, ouster of top leaders and […]

Make in Odisha: Since 2016, only 3 companies have commenced operation

Bhubaneswar: Only three companies have so far have commenced production since the first Make in Odisha conclave held two years back. According to the State government, as many as 124 industries gave proposals during the event held in 2016 out of which foundation stones have been laid only for 64. Interestingly, 15 out of these […]

Odisha clears 7 proposals worth Rs 7,416 crore

Bhubaneswar: Odisha Government Tuesday approved seven investment proposals worth Rs 7,416 crore which would generate employment opportunities for 4,454 people, an official said. The proposals approved by the government belong to a variety of projects steel, downstream industries in metals and minerals and plastics. The governments nod to the projects came during the 80th meeting […]

Centre, State vie to woo investors to Odisha

Bhubaneswar: With the ‘Make In Odisha’ conclave barely a few weeks away, the State government and the Centre seem to be vying to take credit for bringing maximum investments to the state. Close on heels of the State government’s ‘Investment Roadshow’ in Mumbai, Union Minister Dharmendra Pradhan today led an ‘Investors’ Summit’ in Surat and […]

Odisha approves five investment proposals of Rs 1,508 cr

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 […]

Odisha seeing hectic investment promotion activities: Chief Secy

Bhubaneswar: Odisha has witnessed a quantum jump in the investment promotion activities during last five years which is evident from the number of projects sanctioned by the State Level Single Window Clearance Authority (SLSWCA), Chief Secretary A P Padhi has said. The SLSWCA has cleared 55 investment intents in 2017 compared to 29 in 2016 […]

GO SWIFT portal receives over 3600 industrial units on board for investment in Odisha

Bhubaneswar: As many as 3615 industrial units have come on board Odisha’s Single-Window Investor Facilitation and Tracking portal – GO SWIFT, only a month after its launch. “With the launch of the portal, Odisha has made remarkable development from a pre-dominantly paper-based system to an end-to-end online system for all major clearances and support sought […]

GST, demonetisation will help states like Odisha: Arun Jaitley

Bhubaneswar: Union Finance minister Arun Jaitley today said the recent currency changes, and also the proposed Goods and Services Tax (GST) would eventually benefit the whole country and certainly a state like Odisha. Addressing the ‘Make in Odisha’ Conclave in Bhubaneswar, Jaitley said “India of course has remained one of the finest islands of growth […]