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The Times of India
The Times of India
National
Sujit kumar bisoyi | TNN

Odisha govt to kick off business meet with roadshow in Ahmedabad

BHUBANESWAR: In the run-up to the third edition of the biennial investors' meet - Make in Odisha - the state government has planned a series of roadshows and one-to-one meetings in some of the prominent Indian cities to showcase its investment potential and business ecosystem.

On Monday, the government will hold a roadshow in Ahmedabad, which will be attended by state industries minister Pratap Keshari Deb and senior officials of his department. Representatives of 20 companies from the textiles, chemicals, petrochemicals, plastic, pharmaceuticals, electronics and information technology, jewellery and food processing sectors of the nearby cities are expected to take part in the show.

"During the roadshow, we will showcase Odisha's advantages as a preferred destination for investors in diverse sectors. Besides, the investor-friendly policies that offer attractive incentives will also be discussed. The industries minister will hold one-to-one meetings with the representatives of various companies," state industries secretary Hemant Sharma told TOI.

Sharma, who also heads the Industrial Promotion and Investment Corporation of Odisha Ltd (IPICOL), said roadshows are also being planned in four metros and other cities like Bengaluru and Hyderabad. The dates and other details of the same will be finalised soon, the official said.

A state government delegation may also visit some foreign cities to woo investors as chief minister Naveen Patnaik has already held his first overseas investment meet in Dubai in June that helped him bring home investments worth Rs 21,000 crore.

IPICOL recently signed a memorandum of understanding with the Federation of Indian Chambers of Commerce and Industry as its national industry partner to hold the roadshows and investor outreach programmes.

The first two editions of the Make in India conclave were held in 2016 and 2018, while investment intents to the tune of Rs 6 lakh crore were received during the meets. Most of these investment intents are under different stages of implementation.

The third edition of the state's flagship investors' summit, which was supposed to be held in 2020, was cancelled owing to the Covid-19 pandemic.

The state government has been trying to firmly place Odisha on the global map as a preferred investment destination through the meet, which will be held in the capital from November 30 to December 4.

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