Bhubaneswar: The state authorities is eyeing investments in sectors like petrochemicals, chemical substances and plastics, meals processing, together with sea meals, textiles and apparels and metallic downstream throughout chief minister Naveen Patnaik’s traders meet, in Dubai on Wednesday.
The investments are primarily focused from the Gulf and north African nations as enterprise delegation from the area are anticipated to attend the occasion aside from prime executives from a number of the main enterprise homes within the state.
Although the industries division is but to publish the listing of those that can be attending the occasion, official sources stated Karan Adani, chief government officer of Adani Ports and particular financial zone, Paarth Jindal, managing director, JSW Cement, Satish Pai, managing director of Hindalco Industries and IMFA managing director Subhrakant Panda are some who’re more likely to be there.
High executives from Tata Metal, JSPL, ArcelorMittal, Indian Oil Company Restricted and main enterprise individuals from the state can be attending the meet and share their experiences of doing enterprise in Odisha.
The chief minister would additionally deal with the meet, showcasing the state’s funding prowess and maintain one-on-one discussions with a number of the main industrialists.
Odisha’s precedence sectors are in alignment with the industries within the Gulf and north Africa area. “We hope to get good funding intents on the traders’ meet,” stated a senior industries division official.
To attract investments in chemical substances, petrochemicals and plastic sector, the state authorities has been creating the Petroleum Chemical substances and Petrochemicals Funding Area (PCPIR) together with a plastic park, the place obligatory services are being developed to offer prepared to make use of industrial infrastructure.
The PCPIR is essentially the most strategically positioned area because it gives easy accessibility to NH (simply 2.5 km away), railway station (3 km), Paradip port (10 km) and is about 125 km away from the state capital.
Devoted industrial sector for meals processing has already been developed close to Khurda whereas comparable services are being deliberate within the textiles sector close to the town and Bhadrak.


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