Bhubaneswar: Odisha Government is planning to come up with a defence manufacturing policy in the next three months to boost manufacturing in defence and aerospace sectors in the State, an official said on Monday.
“We see immense potential for defence and aerospace manufacturing and are planning to come up with a defence manufacturing policy in the next three months,” the Department of Industries’ Principal Secretary Sanjeev Chopra said.
Odisha has been a leader in metals production and was now focusing on ancillary and downstream industries which could be beneficial to areas like defence and automotive. The State Government has also been focusing on chemicals and petrochemicals, textiles and apparel, agro and seafood processing, electronics manufacturing and tourism, according to the official.
The state is also aspiring to be a major coastal economic zone with a coastline of 480 km, Chopra said.
He also said the state has been making efforts to bring investments from automotive players but it “has not made much headway”.
Odisha has set a target to attract 2.5 lakh crore investments with an employment of 30 lakh new jobs by 2025.