Odisha pitches policies to Japanese investors

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The Odisha government sought to hardsell business opportunities in the mineral-rich state to Japanese investors, citing its investment-friendly policies and other incentives on offer.

Odisha, investment, investors, Japanese, India

A delegation led by state Industries Minister Niranjan Pujari and Principal Secretary, Industries Department, Sanjeev Chopra called on officials of Japanese companies operating in the country, an official statement notified the media.

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At a meeting held in the Embassy of Japan in New Delhi, the state team spoke of the mega industrial projects coming up and the investment opportunities.

Master planning of National Investment and Manufacturing Zone, Kalinganagar, Dhamra Port-based industrial region and Infovalley has been completed while that of petrochemical investment region at Paradip is under way and will be wrapped up in the next 3-4 months, the government said in the statement.

Other projects such as plastic park at Paradip, electronics manufacturing cluster at Infovalley and aluminium park in Angul are ready for investments.

Pujari, according to the statement, highlighted the state’s pro-business policies, along with other incentives.

To help attract Japanese investment in the state, a team comprising senior government as well as industry officials from Odisha will be visiting Japan in the last week of October for greater collaboration.

By Baishakhi Dutta

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