Odisha draws Rs 25K Cr investment intent from Tokyo business meet

ENA State 2023-04-06 16:50:09 Bhubaneshwar, Apr 6 (KNN) The Odisha government on Wednesday received investment intent of over Rs 25,000 crores across multiple sectors at the Odisha Business Meet Tokyo 2023. The state government received investment intent for green hydrogen and green ammonia, green energy equipment manufacturing, IT/ITeS, logistics, metal ancillary, steel, and metal downstream sectors. <a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a> The meet was organised by the state government in association with the Indian Embassy in Japan, the Japan External Trade Organization (JETRO), and the Federation of Indian Chamber of Commerce and Industry (FICCI). Odisha Chief Minister Naveen Patnaik along with Chief Minister, Kazuya Nakajo, executive vice-president, JETRO, and senior officials of Odisha government, IPICOL and FICCI attended the meet. It was also attended by over 200 delegates, representing various industries from across Japan. Speaking on the occasion, Kazuya Nakajo, Executive Vice-President, JETRO, highlighted the emerging business opportunities between Japan and India. Nakajo spoke about the various upcoming measures being taken by the Government of India including the creation of large-scale industrial infrastructure across the country and urged his Japanese friends to seriously consider major investments in India. He also highlighted Odishas strategic location and natural resource advantage as a key to the state being an attractive investment destination for Japanese investors. Speaking on the occasion, Chief Minister Patnaik said that Odisha is one of the fastest-growing economies in India and has consistently grown above the national average in the last decade and a half. We are fast emerging as a major industrial destination in India because of our natural resource advantage and strategic location. Today, Odisha is ranked among the top states in India in terms of attracting investments and has been accorded the achievers status in the recently released ease of doing business ratings by the Government of India, he said The Chief Minister highlighted how Odisha is becoming the fulcrum of trade and commerce in the Bay of Bengal region and the measures the state government has undertaken to help industries looking to cater to the untapped markets in Eastern and North-Eastern India as well as markets in ASEAN and East Asia region. As we enter into a new era of industrialization propelled by advancements in technology and a philosophy of sustainability, we require a collaborative effort between the governments, industries and people to ensure consistent growth, he added. During the day, the Chief Minster had also met several senior industrialists across sectors for one-to-one meetings to discuss their plans for investments in India and presented the case for Odisha being the best investment destination for them. (KNN Bureau) 32893 https://knnindia.co.in/news/newsdetails/state/odisha-draws-rs-25k-cr-investment-intent-from-tokyo-business-meet 2023-04-06 16:50:09 knnindia.co.in Odisha draws Rs 25K Cr investment intent from Tokyo business meet