Odisha to become trillion dollar economy in near future


Bhubaneswar, December 1: “Odisha is destined to become a trillion dollar economy in the near future. We will emerge as the gateway to East & Southeast Asia,” said Chief Minister Naveen Patnaik here on Thursday.

Offering the better than the best, the Chief Minister invited investors from all sectors to join the Juggernaut.

Welcoming to industry leaders, investors and all delegates present here for the 3rd edition of the Make in Odisha Conclave, the Chief Minister said, “Our investor-friendly initiatives and transformatory governance has put us on a journey of progress and prosperity.”

“I invite each one of you to come join us on this journey. I assure you that our government will run the extra mile to make you comfortable in our state,” said CM Patnaik.

“Welcome to the Land of new opportunities! Welcome to Odisha! Odisha is fast emerging as a major investment destination in the country,” said Patnaik.

The CM said, “State’s new Industrial Policy provides the support and incentives which are beyond the best in the country. The State has launched new policies in the sectors of tourism, renewable energy, apparel and textile, food processing, exports and so on.”

Odisha is a major force in the field of mining and mineral-based industries. The State has attracted major investments in Steel and Aluminum projects and will emerge as the global hub in these sectors by the turn of this decade.

“However, we are ambitious to develop Odisha in other sectors too. We are making a huge capital investment in improving our transport infrastructure – expressways, railways, airports, sea ports,” added the Chief Minister.

The State is a pioneer in electricity reforms and has successfully created the framework and investment towards providing quality affordable energy, the CM further said.

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