Portland Indian Community - PortlandIndian.com
| | | | | | | | | | | |
 


 

Odisha CM launches 13 industrial projects worth Rs 2359 cr

Orissa,Business/Economy

Author : Indo Asian News Service

Business/Economy, Orissa, India Read Latest News and Articles

Share With Your Friends



Add an Article

View All Contributions

Add To My Favorite

Add A Picture

Bhubaneswar, Jan 10 (IANS) Odisha Chief Minister Naveen Patnaik on Monday launched 13 industrial projects worth Rs 2359.29 crore, which will create employment opportunities for over 3,200 persons in the state.

Patnaik virtually inaugurated two industrial units with investment of Rs 409.03 crore and performed groundbreaking for 11 projects with a cumulative investment of Rs 1,950.26 crore.

Speaking on the occasion, Patnaik said: "Odisha is fast emerging as the manufacturing hub of Eastern India. Our government's progressive policy framework and regulatory environment has enabled the rapid growth of industries in the state."

The implementation of ease of doing business reforms and facilitation provided by various departments of the government has ensured that businesses continue to grow in the state, he said.

"Our industries have been actively partnering with the state government not only in economic development, but also in discharging social responsibility. Our government has been focusing on skilling the youth of Odisha to make them industry-ready and many industries have come forward to participate in our skill development initiatives.

"We have always endeavoured to provide a hassle-free and smooth doing business environment for the investors in Odisha. Even in these difficult times of Covid-19, the State has attracted major investments and continues to enjoy the trust of investors," said Patnaik.

He said that the 13 projects for which groundbreaking and inauguration has been undertaken today are spread over nine districts. These projects are also spread across all categories of investments - small, medium as well as large industries, he added.

A cement grinding unit of Rs 400 crore set up by Jajpur Cement at Kalinganagar, of Jajpur district inaugurated today. The Chief Minister has also inaugurated a biodegradable tableware manufacturing unit of Rs 9.03 crore.

Similarly, found stones were laid for projects including a logistic park, 3-ethanol plants, a steel expansion project, a cement manufacturing unit and a 5-star resort. Some of the leading companies promoting these projects include Tata Steels, Swosti Premium, Greentech Bioenergy and Coastal Biotech.

--IANS

bbm/shb/


Copyright and Disclaimer: All news and images appearing in our news section, search engines and social media are provided by IANS. If you face any issues related to the content/images, please contact our news service provider directly. We are not liable/responsible for any content/images related to the news service provider.


Latest News

View More News


More News Articles

How Taha Shah Badussha auditioned for 15 months for his 'Heeramandi' role

To get the honour of leading New Zealand is a huge privilege, says Michael Bracewell ahead of T20Is v Pakistan

Nargis Fakhri as a child dreamt of becoming a vet and not an actor

Sayantani Ghosh opens up on playing a Rajasthani: 'Being Bengali I find it hard to pick up dialects'

Bhojpuri actress Akshara Singh enjoys autorickshaw ride to work