Utkarsh Odisha: Attracting Investments for a Brighter Future
Key Ideas
- Odisha is focusing on the Utkarsh Odisha Conclave 2025 to attract investments and prioritize employment-based industries like textiles, renewable energy, green hydrogen, and shipbuilding.
- The state government is optimistic about securing significant investment pledges from national and international investors during the event at Janata Maidan, Bhubaneswar.
- Key industrialists, including prominent figures like Sajjan Jindal and Kumar Mangalam Birla, have been invited to participate, with Prime Minister Narendra Modi expected to inaugurate the assembly.
- The 'double-engine' government in Odisha aims to overcome bureaucratic hurdles and increase interest in state-level investments, with the upcoming conclave targeting investments worth over Rs 5 lakh crore.
The three-day Pravasi Bharatiya Divas convention in Odisha has set the stage for the upcoming Utkarsh Odisha: Make in Odisha Conclave 2025, which focuses on inviting significant investment into the state. Scheduled to be held at Janata Maidan in Bhubaneswar on January 28-29, 2025, this event aims to attract investments in sectors like textiles, renewable energy, green hydrogen, and shipbuilding to promote employment generation. Leading industrialists from around the country, including figures like Sajjan Jindal and Kumar Mangalam Birla, have been invited to participate, with Prime Minister Narendra Modi set to inaugurate the event. The state government is enthusiastic about securing substantial investment pledges, having organized roadshows in Delhi, Mumbai, and Singapore to attract both Indian and international investors. With projects worth around Rs 2.4 lakh crore in the pipeline and the focus on employment-centric industries, Odisha is working towards a promising future. Despite past challenges with land allocation and bureaucracy, the state's 'double-engine' government is dedicated to streamlining processes and increasing investor interest. The event is expected to engage with the Indian diaspora for further development opportunities, with a positive sentiment surrounding the potential for significant investments and industrial growth in Odisha.