Make in Odisha
CountryIndia
StatusActive
Websitemio.investodisha.gov.in

Make in Odisha is an initiative launched by the Government of Odisha for industrial growth in the State.[1] The major investors in the state are NTPC, MCL, SAIL, Tata Steel, TCS, Adani, JSPL, PPL, IOCL and many more.[2] Over 80 companies investing and The state has received investment worth Rs 2,03,270 crore (30 B USD). Major investment sector are IT, fertiliser, petro chemicals, food processing, health, infrastructure, ESDM, metal and minerals, manufacturing, textiles and tourism. The Make in Odisha conclave happens bi-annually. There are two Make in Odisha conclaves completed with crores of investment proposals and the third edition will be held between 30 November to 4 December 2020.[3]

Events

Make in Odisha conclave 2016

The first Make in Odisha conclave[4] was organised by Government of Odisha, Department of Industrial Policy & Promotion (DIPP) and Government of India and Confederation of Indian Industry (CII) between 30 November 2016 to 2 December 2016 in Bhubaneswar, Odisha . The key objective of the conclave is to showcase the manufacturing prowess of the state and the investment opportunities across the focus sectors. Which are:[5][6]

  • Chemicals, Petrochemicals and Plastics
  • Ancillary and Downstream in Metal sector
  • Textiles and Apparel
  • Food Processing including Seafood
  • Electronics Manufacturing and IT and
  • Tourism

In the conclave the Odisha Governments has received 28 proposals of 18,434 crores investment with a capacity of 27,565 jobs generation.[7] The first edition got 124 investment intents or proposals worth more than Rs 2 lakh crore, and employment opportunities for over one lakh people.[8]

Make in Odisha conclave 2018

The second edition of Make in Odisha was held from 11 November 2018 to 15 November 2018 in Bhubaneswar, Odisha.[9] Six countries, Japan, China, Italy, Germany, Saudi Arabia and South Korea along with industrialist from India had attended this conclave.[10]

The top two investment proposals were received from Haldia Petrochemicals (Rs 70,000 crore), in the fertilizer, refinery, petrochemical, chemical and plastics department and with potential employment of 31,000.[11]

Jindal Steel and Power are going to take their 6 million tonne steel plant to a 20 million tonne steel plant and their investment from Rs 45,000 crores to Rs 100,000 crores, from employing 50,000 people to employing 100,000 people,[12]

In the conclave, Mukesh Ambani has announced that, Reliance Industries will invest 3000 crores ($410 million approx..) in Odisha over the next three years.[13] Tata Sons Group chairman, Natarajan Chandrasekaran also assured Rs 25,000 ($3.45 billion approx.) crore investment. Birla Group chairman Kumar Mangalam Birla, announced an investment of 2 billion dollars.[14][15]

This conclave has now witnessed investment proposals worth Rs 4.19 lakh crore for projects across 15 sectors that can create around 5.91 lakh potential jobs.[11]

Make in Odisha Conclave 2022

The fourth edition of the Conclave, will be held between 30 November and 4 December 2022.

See also

References

  1. ↑ text. "Invest Odisha".
  2. ↑ "Make in Odisha receives Rs 2 lakh crore investment intent - Firstpost". 2 December 2016.
  3. ↑ www.ETEnergyworld.com. "Make in Odisha: Rs 4.1 lakh crore investment proposals received - ET EnergyWorld". ETEnergyworld.com. Retrieved 19 November 2018.
  4. ↑ "Maiden Make-In-Odisha conclave attracts investment of Rs 2.03 lakh crore". The New Indian Express. Retrieved 11 November 2018.
  5. ↑ "Make in Odisha Conclave - Make In India". www.makeinindia.com. Retrieved 11 November 2018.
  6. ↑ "Make In Odisha Conclave Brochure".
  7. ↑ IANS (23 February 2017). "Odisha receives 28 project proposals after Make in Odisha conclave". Business Standard India. Retrieved 11 November 2018.
  8. ↑ "Make in Odisha Conclave 2018: Ambani, Tata, Birla, others commit investments over Rs 1.38 lakh cr on first day - Firstpost". www.firstpost.com. Retrieved 19 November 2018.
  9. ↑ "Make In Odisha Conclave 2018". mio.investodisha.gov.in. Archived from the original on 11 November 2018. Retrieved 11 November 2018.
  10. ↑ "Six countries to attend Make in Odisha 2018, Mukesh Ambani to be star speaker". The New Indian Express. Retrieved 11 November 2018.
  11. 1 2 "Make in Odisha 2018: Rs 4.1 lakh crore investment goals achieved". Retrieved 19 November 2018.
  12. ↑ "Make in Odisha: Tata, Jindal Steel commit nearly Rs 1 lakh crore each; RIL to pump in additional Rs 3,000 crore". The Indian Express. 13 November 2018. Retrieved 19 November 2018.
  13. ↑ "RIL commits Rs 3,000 crore of fresh investments at 'Make in Odisha' conclave". The Economic Times. 12 November 2018. Retrieved 13 November 2018.
  14. ↑ "Make In Odisha: Ambani assures Rs 3000 Cr investment; Tata Sons Rs 25000 Cr | OTV". odishatv.in. Retrieved 14 November 2018.
  15. ↑ Bureau, Odisha Sun Times. "Make in Odisha: Hindalco to invest Rs 6,000 cr to set up downstream facilities | OdishaSunTimes.com". odishasuntimes.com. Retrieved 14 November 2018.
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