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Prime Minister Narendra Modi on Monday departed to attend World Economic Forums Annual Meeting 2018 in Davos. PM Modi is being accompanied by six Union Ministers.
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The Odisha conclave turned out to be a massive show of strength for Chief Minister Patnaik with the who’s who of the Indian and global industry in attendance – from Lakshmi Mittal, Anil Agarwal to Sajjan Jindal, Naveen Jindal and Karan Adani – on the first day. And they all expressed willingness to invest in the state. Odisha brings a myriad of investment opportunities that are sure to power the next leg of India’s growth and transformation journey.
Odisha has witnessed many initiatives into technology and infrastructure growth in terms of providing land, electricity and several other facilities under its single window policy made under the leadership of the Honourable chief Minister Shri Naveen Patnaik. The event witnessed the set-up of the Submarine Cable landing station at Puri. India’s subsea cable infrastructure is highly essential to support next-gen business.
About 741 companies showed interest in investing in Odisha. Of the total investment received, metals, ancillary and downstream sector accounted for the largest share at Rs 5.50 trillion, followed by power, renewable energy & green energy at Rs 2.38 trillion; logistics & infrastructure received proposals adding up to Rs 1.2 trillion, chemicals, petrochemicals & plastics received Rs 76,000 crore. Other sectors that attracted investment included cement, manufacturing, IT, agriculture & food processing.
Chief Minister Naveen Patnaik assured investors that the state will walk the extra mile for them. He said, “We will walk the talk. It will be a win-win situation.” The Chief Minister also expressed gratitude to the summit’s partner countries - Japan, Norway, and Germany and said, “I hope we would further strengthen the ties and create more opportunities for mutual trade, commerce, and people-to-people relationships.”
The event witnessed an opportunity as an effective platform for:
§ Networking
§ Impart knowledge
§ Forge partnershi
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