{"id":146755,"date":"2025-12-20T13:27:54","date_gmt":"2025-12-20T07:57:54","guid":{"rendered":"http:\/\/indusvalleytimes.com\/news\/?p=146755"},"modified":"2025-12-20T13:28:47","modified_gmt":"2025-12-20T07:58:47","slug":"odisha-will-be-the-growth-engine-of-india-says-cm-at-hyderabad-investors-meet","status":"publish","type":"post","link":"https:\/\/indusvalleytimes.com\/news\/odisha-will-be-the-growth-engine-of-india-says-cm-at-hyderabad-investors-meet\/","title":{"rendered":"\u201cOdisha will be the growth engine of India,\u201d says CM at Hyderabad Investors\u2019 Meet"},"content":{"rendered":"\n<p class=\"caps\"><strong>Rs 67,000 crore investment proposals, 56,000 jobs envisaged<\/strong><\/p>\n\n\n\n<p><strong>By A.K.Sahoo<\/strong><\/p>\n\n\n\n<p><strong>Bhubaneswar\/Hyderabad, Dec. 20: <\/strong>Chief Minister Mohan Charan Majhi on Thursday asserted that Odisha is poised to emerge as one of India\u2019s principal growth engines, as the state aggressively courts domestic and global investors through policy stability, competitive costs and facilitative governance.<\/p>\n\n\n\n<p>Addressing industry leaders at the Odisha Investors\u2019 Meet in Hyderabad, Majhi said the state is ready to convert investment intent into tangible outcomes.<\/p>\n\n\n\n<p>\u201cOdisha is prepared to be the growth engine of India. This Investors\u2019 Meet is a platform to build long-term partnerships that translate intent into on-ground results,\u201d he said, underlining the government\u2019s focus on timely approvals and a predictable policy environment.<\/p>\n\n\n\n<p>The meet was organised to enable direct engagement with industry leaders, showcase Odisha\u2019s diversified industrial ecosystem and accelerate investment decisions across priority and emerging sectors. More than 500 delegates, including senior executives from leading companies and representatives of industry associations and business chambers, participated in the event.<\/p>\n\n\n\n<p>Highlighting the shifting geography of India\u2019s industrial growth under the national vision of Purvodaya, the Chief Minister said Odisha is rapidly emerging as a preferred destination, backed by strong infrastructure, fiscal discipline and responsive governance. He pointed to the state\u2019s long coastline, port-led development strategy, expanding industrial corridors and improving multimodal connectivity as key advantages that position Odisha as a gateway to both domestic and global markets.<\/p>\n\n\n\n<p>\u201cWhat businesses often find crowded, expensive and intensely competitive elsewhere, they will find accessible, scalable and facilitative in Odisha. \u201cThe government\u2019s role is to enable growth, ensure swift clearances and provide policy certainty so investors can focus on building and expanding,\u201d Majhi said.<\/p>\n\n\n\n<p>The event, held in the presence of Industries Minister Sampad Chandra Swain and senior state officials, showcased opportunities across both traditional and new-age sectors.<\/p>\n\n\n\n<p>During the meet, 13 Memoranda of Understanding were signed, involving an estimated investment of Rs 27,650 crore and potential employment for 15,905 people.<\/p>\n\n\n\n<p>In addition, investment intentions worth Rs 39,131 crore were received, with the potential to generate over 40,000 jobs. Together, the proposals indicate total investment interest of nearly Rs 67,000 crore and employment prospects for around 56,000 people.<\/p>\n\n\n\n<p>Industry interest was particularly strong in sectors such as pharmaceuticals, medical devices, renewable energy equipment, textiles and technical textiles, electronics, IT and data centres, advanced manufacturing and allied industries\u2014underscoring Odisha\u2019s growing appeal as a diversified, future-ready investment destination.<\/p>\n\n\n\n<p>Emphasising diversification, the Chief Minister noted that Odisha\u2019s growth is increasingly driven by value-added manufacturing and emerging industries, supported by sector-specific policies, industrial parks and robust investment facilitation mechanisms.<\/p>\n\n\n\n<p>Industries Minister Sampad Chandra Swain said the strong response reflected industry\u2019s confidence in Odisha\u2019s governance model. Industry representatives, in turn, acknowledged the state\u2019s transparent policies, competitive operating environment and steadily improving infrastructure.<\/p>\n\n\n\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n\n\n\n<p>Photograph: A senior official greets an investor as Odisha Chief Minister Mohan Charan Majhi (centre, seated) looks on at the Hyderabad Investors\u2019 Meet on Friday evening.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rs 67,000 crore investment proposals, 56,000 jobs envisaged By A.K.Sahoo Bhubaneswar\/Hyderabad, Dec. 20: Chief Minister Mohan Charan Majhi on Thursday asserted that Odisha is poised to emerge as one of<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1,13,46],"tags":[24835,28067],"class_list":["post-146755","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-business","category-top-stories","tag-chief-minister-mohan-charan-majhi","tag-odisha-investors-meet-in-hyderabad"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u201cOdisha will be the growth engine of India,\u201d says CM at Hyderabad Investors\u2019 Meet<\/title>\n<meta name=\"description\" content=\"\u201cOdisha will be the growth engine of India,\u201d says CM at Hyderabad Investors\u2019 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