Patnaik invites Investors to ‘Make in Odisha Conclave 2022’

MUMBAI: Odisha Chief Minister Naveen Patnaik will meet with leaders of Indian companies here to entice investments for his state ahead of the impending third "Make in Odisha" conference at Bhubaneshwar in November or December, authorities said here on Tuesday.

Over the next few days, Patnaik and a high-level team of senior officials are anticipated in Mumbai for the Odisha Investors Meet, where they will meet top executives of India Inc.

The Odisha government would put a lot of effort into Mumbai to draw investments in industries including manufacturing, tourism, petrochemicals, metals, textiles, electronics system design, and chemicals.

The Odisha government will make an effort to attract more investments for fintech, investment and commercial banks, financial agencies, stock markets, etc., in addition to the traditional sectors, said Odisha Industries Department Principal Secretary Hemant Sharma earlier this week. This is because Mumbai serves as the nation's financial hub. Leading figures from a number of major corporate houses, including the Ambanis, Adani, Tata, Godrej, Mahindras, and others, are anticipated to attend the Patnaik meeting in Mumbai.

Patnaik will conduct the third "Make in Odisha" conference at Bhubaneshwar from November 3-December 4 this year. In New Delhi in August, he met with ambassadors from more than two dozen nations and prominent businessmen. Similar conclave for industrialists have already been conducted by the CM of Odisha in Ahmedabad, New Delhi, and Dubai. Similar investor meetings could take place in Bengaluru and Hyderabad after Mumbai.  Before the second "Make in Odisha" global investors meeting in 2018, Patnaik held an investment roadshow in Mumbai to promote his state as one with policies that are welcoming to investors and abundant resources.

Odisha is quickly becoming one of the top locations for foreign direct investment (FDI), drawing capital from a variety of industries, including the processing of metals and downstream metal products, chemicals and petrochemicals, textiles and apparel, including technical textiles, food processing, including seafood processing, logistics, and clean energy.

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