Monday, May 6, 2024
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Odisha woos investors with low wages, land availability

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New Delhi: Odisha Chief Minister Naveen Patnaik Wednesday held an investors meet here ahead of the ‘Make in Odisha’ conclave in November with the state highlighting low wages and land availability as competitive advantages to attract investment.
Patnaik said his administration has demonstrated its commitment to deliver projects on ground “using the mantra of teamwork, technology and transparency”.
“In last six months we conducted ground breaking ceremonies of 50 project entailing an investment of over Rs 17,000 crore,” he said at the well-attended function.
The state government had organised a similar event in Mumbai in August, inviting industrialists for the ‘Make in Odisha’ event being organised in Bhubaneswar between November 11-15. Japan is the partner country this year.
Jindal Steel and Power Limited Chairman Naveen Jindal and OYO Room founder CEO Ritesh Agarwal were among the industrialists who attended the meeting. Jindal said Odisha has a lot of advantages such as better connectivity through ports, improved infrastructure and a stable government, and the group has invested over Rs 45,000 crore in the state. (PTI)

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