Make in India conclave: State gets Rs 2 lakh cr investment proposals; Tata Steel, Adani Group, NTPC in major investors’ list
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Odisha attracted investment proposals worth R2,03,235 crore at the two-day Make in Odisha conclave, chief minister Naveen Patnaik said, as the state seeks to cash in on its huge mineral reserves while attempting to reach out to companies in other sectors as well.
The proposed investments have the potential to create 1,40,000 jobs in the state, Patnaik said at the concluding ceremony of the conclave, organised by the state and the department of industrial policy and promotion (DIPP). NTPC, SAIL, Tata Steel, Indian Oil, Adani Group, JSPL, Paradeep Phosphates and Mahanadi Coalfields are among the major investors.
The largest chunk of proposals came from the metals and minerals sector, with investments of R97,911 crore, followed by infrastructure (R38,443 crore), power and renewable energy (R29,932 crore) and fertiliser, chemicals and petro-chemicals and refinery (R27,023 crore), chief secretary Aditya Prasad Padhy said.
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