Bhubaneswar: Chief Minister Naveen Patnaik on Friday urged Indian multinational conglomerate company Larsen & Toubro Ltd (L&T) to expand their presence in Odisha and enter new verticals of business to gain from Odisha’s ever-growing industry landscape.
During a discussion with L&T CEO & MD S N Subrahmanyan, the Chief Minister said that the remarkable increase in the capacities for steel and aluminium manufacturing in Odisha will increase the need for mining and mechanical machinery, industrial and social infrastructure and also electricity.
“These factors may be considered by L&T to expand their presence in the state and also enter new verticals of business to gain from Odisha’s ever-growing industry landscape,” said Naveen.
The Odisha CM urged the multinational conglomerate company to develop common industrial facilities such as water and effluent treatment plants for upcoming industrial hubs such as Paradip, Gopalpur, and Dhamra.
While L&T has an eminent presence in Odisha, the company may explore an option to set up units in aerospace and defence manufacturing and green hydrogen sectors, Naveen stressed.
The Metallurgical & Material Handling arm of L&T can set up an office in Bhubaneswar. Odisha is home to all major minerals and metals, and hence L&T can explore setting up an office in the state, the CM told the company’s CEO during the discussion.
Talking about the Information Technology sector in Odisha, Naveen said that Mindtree has a Global Learning & Software Delivery Center in Bhubaneswar which can be upgraded to a Development Center.
Naveen also discussed the shipbuilding facilities in Odisha. Shipbuilding is one of the priority sectors in Odisha with three major ports Dhamra, Paradip and Gopalpur. L&T can develop services such as Refits, Repairs, and Midlife Upgrades for Defence & Commercial vessels, the CM said.
Patnaik urged the company to introduce its school adoption program in villages near infrastructural hubs to enhance the quality of education for the children of workers. He also asked L&T to increase the intake at its existing CSTI at Cuttack set up jointly with OSDA to 10000 per year and introduce new trade and satellite centres at other locations.
