Naveen meets Industry Leaders, Invites to Invest in Odisha

Bhubaneswar: Ahead of the curtain raiser event for the third edition of Make in Odisha Conclave, Chief Minister Naveen Patnaik on Wednesday met business honchos in Mumbai and invited them to invest in Odisha. Naveen tweeted about his interaction with Mahindra Group chairman Anand Mahindra and Chairman and MD of WAAREE Group Hitesh Chimanlal Doshi. “Invited him to explore vast opportunities for ‘Invest In Odisha’ and ease of doing business available in the state,” he wrote about his meeting with Anand Mahindra. He discussed new industrial propositions and opportunities in Odisha with Doshi. Following the meeting, Anand Mahindra tweeted: There’s only one way to describe CM @Naveen_Odisha— A Class Act. Cerebral, calm, confident, he’s a man of few words who lets his actions do the talking. One of his greatest legacies will be a model for mitigating natural disasters that is being emulated around the world… Naveen also met State Bank of India chairman Dinesh Khara, Apar Industries Ltd Chairman Chaitanya Desai and Dhruv Kotak, Chairman of JM Baxi Pvt Ltd, a 105-year-old business conglomerate, in marine services, ports and logistics & technology. According to sources, the CM is also scheduled to have a one-on-one interaction with Aditya Birla Group chairman Kumar Mangalam Birla, Vedanta Resources chairman Anil Agarwal, Larsen and Toubro country director DK Sen, Nilkamal Ltd managing director Hiten V Parekh, Supreme Industries chairman MP Taparia, BSE chairman SS Mundra and NSE chief executive officer Ashish Chauhan. The meeting with Agarwal assumes significance since Vedanta is looking for a second unit after announcing on Tuesday that Vedanta-Foxconn joint venture has selected Gujarat for setting up its display fabrication and semiconductor facility at an investment of Rs1.54 lakh crore. On its part, Odisha is looking for more investments in chemicals and petrochemicals, textiles and apparel, ITeS, financial services, food processing and other new age sectors like green hydrogen and green ammonia, datacentres, EV and EV component manufacturing and over 400 industrial and business houses are expected to attend the flagship biennial business event in Odisha from November 30 to December 4. In 2020, Odisha could attract Rs 28954 crore, which increased to Rs 89,167 crore in 2021. Till June 2022, investment proposals worth Rs 36828 crore has been received, which is the highest in the country.

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