Make in Odisha attracts Rs 22 K cr investment

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Bhubaneswar, Dec 2: Leading Business groups in India announced their investment plans in Odisha at the Make in Odisha Conclave on Thursday. The state’s biggest masterpiece event on its inaugural day attracted over 22k crore investments on its first day on Thursday.

Adani will invest an approax of Rs 12,000 crore in the state, that will create job opportunitites for about 10,000 people in the state, while they will also expand the capacity of Dhamra port with new LNG and LPG terminals. TATA Steel also proposed to invest an amount of Rs 15,000 crores to increase the capacity of steel making at Kalinganagar plant, currently 3, to 8 metric tons per annum.

Hindalco and ITC also announced an investment of Rs 4000 crore and Rs 800 crore respectively, in the state. As Coca Cola announced an investment Rs 500 Crore in next three years, Dalmia group also announced an investment worth Rs 2000 crores in its cement projects in the state.

On the occasion CM Naveen Patnaik said the conclave would go a long way in forwarding the Brand Odisha, as a land of new opportunities. The commitment and support by the Business groups will create massive employment opportunities for the youth, he added.

Also Read  Nalco showcases growth strategy and CSR in Make in Odisha Conclave

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