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Odisha takes initiatives to make it investment destination

Monday, 25 May 2020
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The state of Odisha has undertaken initiatives for making it an investment destination. 
Union Minister of Petroleum & Natural Gas and Steel Dharmendra Pradhan conducted an interactive meeting over video conference on 23 May 2020. The state is ready for the higher level of industrial development in the post-COVID-19 scenario. 
The state has set higher growth trajectories for development of industrial infrastructure.
The sectoral industrial parks with a delineated land bank are in ready-to-move condition for investors. 
Along with coastal location, major ports and mineral deposit, the state has developed an industry-ready land bank of 505 sq km in different locations. 
The state also has availability of skilled manpower in the post-COVID scenario.
The policy frameworks for promotion of industries in different sectors like mining and metals, petrochemicals, chemicals and plastics, textiles and apparel, IT, ITES and electronics, manufacturing, food processing and tourism will help boost the industries.


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