Make in Odisha

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]

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

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 2020

The third edition of the conclave, will be held between November 30 and December 4, 2020.[3]

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. "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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