May 26, 2024

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CM Patnaik woos enterprise stalwarts in Mumbai for MIO 3.0; Vedanta commits Rs 25K cr funding

5 min read

By Express News Service

BHUBANESWAR: Amid the excitement over Vedanta’s transfer to arrange a semiconductor chip plant in Gujarat and an iPhone manufacturing hub in Maharashtra, group chairman Anil Agarwal met Chief Minister Naveen Patnaik in Mumbai on Wednesday and reasserted the corporate’s continued funding in Odisha.

Agarwal mentioned the corporate has lined up new investments of greater than Rs 25,000 crore for enlargement of aluminium, ferrochrome and mining enterprise, which can create extra job alternatives and income for the State. 

“Vedanta stands testimony to what is possible if you ‘Make in Odisha’. It is amongst the most favourable investment destinations in India, ably led by the stable governance, which is reflected in the State’s ease of doing business rankings. Single window clearance system, 5T framework and focus on infrastructure projects have increased the investor community’s confidence in Odisha,” he mentioned after the assembly with the Chief Minister. 

Naveen interacted with India’s prime enterprise honchos within the run as much as the Make-in-Odisha Conclave 200 in Bhubaneswar later this yr and invited them to discover huge alternatives for funding within the State and ease of doing enterprise out there right here.

Besides Agarwal, Aditya Birla Group Chairman Kumar Mangalam Birla, Mahindra Group Chairman Anand Mahindra, APAR Industries Chairman Chaitanya Desai, WAAREE Group CMD Hitesh Chimanlal Doshi, JM Baxi Group MD Dhruv Kotak and CFO of STT GDC India Bimal Khandelwal held discussions with him. 

“There’s only one way to describe CM @Naveen_Odisha – A Class Act. Cerebral, calm, confident, he’s a man of few words who lets his actions do the talking. One of his greatest legacies will be a model for mitigating natural disasters that is being emulated around the world,” tweeted Mahindra after his assembly.

Naveen additionally met SBI Chairman Dinesh Kumar Khara, ICICI Bank Executive Director Rakesh Jha and Country Head of HDFC Bank Arvind Vohra and apprised them concerning the development alternatives within the banking sector. He invited them to arrange new branches and develop banking companies within the unbanked areas. 

Addressing the potential buyers, Naveen mentioned Odisha is without doubt one of the quickest rising economies within the nation and has persistently grown above the nationwide common within the final decade and a half.

“Odisha has been ranked among the top states in India in terms of live manufacturing investments and have been accorded the achiever status in the recently released ease of doing business ratings by the Centre. The Make in Odisha Conclave is a platform for our state to showcase our growth story and to present what we have to offer to our investors across the globe. It is also a platform for industry captains and thought leaders to talk about the future outlook of various industrial sectors,” he mentioned.

During one-to-one interplay with business leaders as a part of the curtain raiser occasion for third version of the summit, the Chief Minister mentioned about new industrial propositions and highlighted large scope in part manufacturing, establishing of ancillary, downstream industries, logistics companies, maritime commerce and cargo operations within the State. 

Minister for Industries, MSME and Energy Pratap Keshari Deb harassed the State’s extremely expert workforce and mentioned Odisha has established a primary of its type World Skill Centre (WSC) to make youth job-ready. 

Chief Secretary Suresh Chandra Mahapatra make clear how Odisha has been one of many main breakout states within the nation when it comes to improvement, registering spectacular GSDP development charges yr after yr and industrializing at break-neck velocity.

Principal Secretary of Industries division Hemant Sharma, IPICOL Chairman Bhupendra Singh Poonia and FICCI Maharashtra State Council Chairman Sulajja Firodia Motwani additionally spoke.

BHUBANESWAR: Amid the excitement over Vedanta’s transfer to arrange a semiconductor chip plant in Gujarat and an iPhone manufacturing hub in Maharashtra, group chairman Anil Agarwal met Chief Minister Naveen Patnaik in Mumbai on Wednesday and reasserted the corporate’s continued funding in Odisha.

Agarwal mentioned the corporate has lined up new investments of greater than Rs 25,000 crore for enlargement of aluminium, ferrochrome and mining enterprise, which can create extra job alternatives and income for the State. 

“Vedanta stands testimony to what is possible if you ‘Make in Odisha’. It is amongst the most favourable investment destinations in India, ably led by the stable governance, which is reflected in the State’s ease of doing business rankings. Single window clearance system, 5T framework and focus on infrastructure projects have increased the investor community’s confidence in Odisha,” he mentioned after the assembly with the Chief Minister. 

Naveen interacted with India’s prime enterprise honchos within the run as much as the Make-in-Odisha Conclave 200 in Bhubaneswar later this yr and invited them to discover huge alternatives for funding within the State and ease of doing enterprise out there right here.

Besides Agarwal, Aditya Birla Group Chairman Kumar Mangalam Birla, Mahindra Group Chairman Anand Mahindra, APAR Industries Chairman Chaitanya Desai, WAAREE Group CMD Hitesh Chimanlal Doshi, JM Baxi Group MD Dhruv Kotak and CFO of STT GDC India Bimal Khandelwal held discussions with him. 

“There’s only one way to describe CM @Naveen_Odisha – A Class Act. Cerebral, calm, confident, he’s a man of few words who lets his actions do the talking. One of his greatest legacies will be a model for mitigating natural disasters that is being emulated around the world,” tweeted Mahindra after his assembly.

Naveen additionally met SBI Chairman Dinesh Kumar Khara, ICICI Bank Executive Director Rakesh Jha and Country Head of HDFC Bank Arvind Vohra and apprised them concerning the development alternatives within the banking sector. He invited them to arrange new branches and develop banking companies within the unbanked areas. 

Addressing the potential buyers, Naveen mentioned Odisha is without doubt one of the quickest rising economies within the nation and has persistently grown above the nationwide common within the final decade and a half.

“Odisha has been ranked among the top states in India in terms of live manufacturing investments and have been accorded the achiever status in the recently released ease of doing business ratings by the Centre. The Make in Odisha Conclave is a platform for our state to showcase our growth story and to present what we have to offer to our investors across the globe. It is also a platform for industry captains and thought leaders to talk about the future outlook of various industrial sectors,” he mentioned.

During one-to-one interplay with business leaders as a part of the curtain raiser occasion for third version of the summit, the Chief Minister mentioned about new industrial propositions and highlighted large scope in part manufacturing, establishing of ancillary, downstream industries, logistics companies, maritime commerce and cargo operations within the State. 

Minister for Industries, MSME and Energy Pratap Keshari Deb harassed the State’s extremely expert workforce and mentioned Odisha has established a primary of its type World Skill Centre (WSC) to make youth job-ready. 

Chief Secretary Suresh Chandra Mahapatra make clear how Odisha has been one of many main breakout states within the nation when it comes to improvement, registering spectacular GSDP development charges yr after yr and industrializing at break-neck velocity.

Principal Secretary of Industries division Hemant Sharma, IPICOL Chairman Bhupendra Singh Poonia and FICCI Maharashtra State Council Chairman Sulajja Firodia Motwani additionally spoke.

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