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Odisha investors meet starts at Bengaluru

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The two day investors meet organised by the Odisha government at Bengaluru from today had a good response on the first day with as many as 42 industrial houses from different sectors evincing keen interest to invest in the state.

Odisha attracted investment proposals of at least `40,000 crore on the first day.One of the major investment proposal came from NLC India Limited (NLCIL), a government of India enterprise. NLCIL is keen to set up a thermal power plant, solar power plant and coal mining processing unit in the state with a estimated investment of Rs 25,000 crore.

Bharat Electronics Limited (BEL), another government of India enterprise, is also keen to set up a solar energy project in Odisha with an investment of `2000 crore. There were several other proposals in the frozen food, IT, fashion, garment, textiles, watch and jewellery, IT and health sectors.

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Several big companies including Wipro Health Care, Amazon and IBM attended the meet on the first day, industries minister Debi Prasad Mishra said. Companies from various fields including frozen food, IT, tourism and skill development sectors evinced interest in Odisha, the minister said and added there were also several proposals for investment in smart city Bhubaneswar.

Chief minister Naveen Patnaik will attend the meet tomorrow and is scheduled to have one-on-one discussion with captains of industry. He will also unveil the start policy of the state in the meet.

As part of its year-long celebrations to mark 80 years of the state and the birth centenary of former Chief Minister Biju Patnaik, the state government has set up a camp at the investors’ meet which witnessed investors from engineering, IT, aviation, soft drinks, transportation, telecom and defence sectors.

Minister of state for IT Pranab Prakash Das, Chairperson of the Odisha Skill Development Authority, development commissioner R Balakrishnan and secretaries of different departments attended the meet.

By Baishakhi Dutta

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