Business house representatives thank Naveen for Make in Odisha Conclave


Bhubaneswar: Representatives of various corporates and business houses met Chief Minister Naveen Patnaik and thanked him for the spectacular and seamless organization of recently-concluded Make in Odisha conclave 2018.

They congratulated the Chief Minister for the fruitful Conclave and the promise it augurs for investment in Odisha.

The second edition of the Make in Odisha Conclave 2018, a flagship biennial global investors’ meet, held in Bhubaneswar from November 11 to 15.

Chief Minister Naveen Patnaik announced that it received an overall investment intent of Rs 4,19,574 crore across 15 sectors, with claims to create up to 5,91,000 additional jobs.

The theme of the conclave, ‘I am Odisha’, intended to convey the achievements and success of the state and its citizens to the global community.

The top two investment proposals were received from Haldia Petrochemicals (Rs 70,000 crore), in the fertilizer, refinery, petrochemical, chemical and plastics department and with potential employment of 31,000;  and Jindal Steel and Power (Rs 60,950 crore) in the minerals, metals and metal downstream with potential employment of 3,41,650.

The Aditya Birla Group will be investing Rs 14,500 crore, the Indian Oil Corporation Rs 10,273 crore and TATA Steel will invest Rs 10,000 crore. Mukesh Ambani, Chairman and Managing Director of Reliance Industries, committed to invest Rs 3,000 crore in Odisha over the next three years.

The Chief Minister also announced the dates of the next edition of the conclave, which will be held between November 30 and December 4, 2020.

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