“We face fast development in industries, meals processing, chemical compounds, petrochemicals, renewable vitality — all contributing to a future the place Odisha leads the nation. That is the essence behind Utkarsh Odisha,” he mentioned.
Talking additional on Odisha’s sights as a state, Majhi said that it has all the time pulled in folks of all faiths and religions. “We’re a land with a attain, maritime historical past that spans centuries. Our state has been on the crossroads of historical commerce routes. It has a wonderful heritage and is well-known to the worldwide group for its handicrafts, temples and handlooms and attain by range,” he mentioned.
The Utkarsh Odisha: Make in Odisha Conclave 2025, scheduled from January 28-30, 2025, is the biennial international buyers meet hosted by the Authorities of Odisha to showcase the prevailing and rising alternatives for industrialisation within the state. This fourth version of the state’s flagship occasion has been rebranded to replicate the brand new resolve of the brand new authorities to take Odisha to new heights of commercial development and innovation. The conclave seeks to showcase Odisha as considered one of India’s main funding locations.
Majhi highlighted the concentrate on job creation, investor-friendly insurance policies, and safety for companies, inviting international partnerships to the conclave to be held in 2025. “Our dream is to place Odisha as an industrial hub. It offers me nice pleasure to face earlier than you to current the immense alternatives that Odisha gives for funding and development. Odisha, India’s finest saved secret, is now able to be explored,” he mentioned. The chief minister added that Odisha is poised to be on the forefront of a brand new journey of a developed India. “Spend money on Odisha, make investments sooner or later,” he said.
Speaking about Odisha’s financial prowess, Hemant Sharma, Principal Secretary Industries, Authorities of Odisha, highlighted that the state holds large potential within the type of alternatives it has on supply. “Odisha, Telangana, Andhra, Chattisgarh, Bengal and North East all come beneath Japanese India and homes 50 crore of India’s inhabitants. Because of this 1/third of India lives on this space. Should you see for each product and repair class, that is the quickest rising area, be it in auto, cellphone, garment or anything. The CAGR of development is highest on this area,” he mentioned, whereas talking within the capital on the curtain-raiser occasion for Utkarsh Odisha: Make in Odisha Conclave 2025. Sharma introduced an outline of the Odisha industrial ecosystem, detailing the insurance policies and expert workforce that assist sustainable development, notably for MSMEs within the state. Elaborating additional on the vary of benefits that Odisha can boast of, he mentioned that the financial development fee at 8.5% is larger than the nationwide common. Sharma additionally alluded to the Ease of Doing Enterprise (EODB) Rankings achievements of the state. “Not solely EODB but in addition the price of doing enterprise, price of water and energy is the bottom right here in India. We’re an influence surplus state and provides around the clock secure energy at your step. Odisha has additionally been a prime achiever in EODB rankings all alongside,” he added.
Detailing the brand new rising alternatives for Odisha, Sharma listed renewable vitality and prescription drugs as key areas to look out for.
Within the lead-up to the Utkarsh Odisha: Make in Odisha Conclave 2025, the Authorities of Odisha is organising a collection of pre-event roadshows throughout main Indian cities to construct momentum and entice investments from key industrial hubs.
