Odisha aims to Attract Industries with Ready-made Land

Odisha has offered ready-made clusters of land to attract Japanese investment. Industries Minister Dibya Shankar Mishra shed light on an array of measures and reforms undertaken for rapid industrialisation at the India-Japan investment forum virtual conference. The conference took place on Wednesday, organised by the Indian Chamber of Commerce (ICC).

The state government has already offered 3.53 sq km industry-ready land near Bhubaneswar. The said cluster is a ready-made industrial land with a dedicated research lab, dormitories for employees, and other facilities that are required for new industrial projects. The minister highlighted the business-friendly environment of the state due to various factors such as stable governance, state-of-the-art industrial infrastructure, abundant natural resources, and strategically placed coastline.

“In order to support investors planning to set up industries in the State, we have an efficient single window system which hand-holds them throughout the investment grounding process”, said the Minister.

Earlier, Japan was the partner country for the 2018 edition of Make-In-Odisha conclave. For this year’s conclave, Chief Minister Naveen Patnaik has once again requested the Japanese Ambassador to India, Satoshi Suzuki to be the partner country.

Recently, Union Steel Minister Dharmendra Pradhan had hosted a high-level Japanese delegation to the state. The visit resulted in two steel giants of Japan – Nippon and JFE-JFW expressing an interest to invest in the state.

The state also has 2500 acre of industry-ready plots near the Paradip port facilitating investors intending to set up petrochemical units.

The conference was also attended by the Indian Ambassador in Japan Sanjay Kumar Verma, and Special Secretary of Industries department NB Jawale. Meanwhile, Japanese food processing giant Indo Nissin has announced their plans to expand the existing business in Odisha and set up its second unit in the Khurda food park.