Bhubaneshwar (Odisha) [India], April 6 (ANI): Odisha Chief Minister Naveen Patnaik on Wednesday attended a enterprise meet in Tokyo and invited Japanese buyers to the state.
The state authorities acquired funding intent of over Rs 25,000 crores throughout inexperienced hydrogen and inexperienced ammonia, inexperienced vitality tools manufacturing, IT/ITeS, logistics, steel ancillary, metal, and steel downstream sectors.
Odisha authorities in affiliation with the Indian Embassy in Japan, the Japan External Trade Organization (JETRO), and the Federation of Indian Chamber of Commerce and Industry (FICCI), hosted the Odisha Business Meet Tokyo 2023.
The Chief Minister, Kazuya Nakajo, govt vice-president, JETRO, and senior officers of Odisha authorities, IPICOL and FICCI have been current within the assembly, which was attended by over 200 delegates, representing numerous industries from throughout Japan.
Odisha Chief Secretary Pradeep Kumar Jena welcomed the gathering and make clear how Odisha has been one of many main breakout states within the nation when it comes to growth, registering spectacular GSDP progress charges year-after-year and industrializing at break-neck pace beneath the management of the Chief Minister.
Speaking on the event, Kazuya Nakajo, Executive Vice-President, JETRO, highlighted the rising enterprise alternatives between Japan and India.
According to a Odisha authorities presss launch, he termed the partnership between the 2 international locations extra as a “familial bond” slightly than a “business relationship”.
Nakajo spoke concerning the numerous upcoming measures being taken by the Government of India together with the creation of large-scale industrial infrastructure throughout the nation and urged his Japanese associates to noticeably think about main investments in India.
He additionally highlighted Odisha’s strategic location and pure useful resource benefit as a key to the state being a lovely funding vacation spot for Japanese buyers.
Speaking on the event, Chief Minister Patnaik mentioned that Odisha is likely one of the fastest-growing economies in India and has persistently grown above the nationwide common within the final decade and a half.
“We are fast emerging as a major industrial destination in India because of our natural resource advantage and strategic location. Today, Odisha is ranked among the top states in India in terms of attracting investments and has been accorded the achievers status in the recently released ease of doing business ratings by the Government of India,” he mentionedThe Chief Minister highlighted how Odisha is turning into the fulcrum of commerce and commerce within the Bay of Bengal area and the measures the state authorities has undertaken to assist industries trying to cater to the untapped markets in Eastern and North-Eastern India in addition to markets in ASEAN and East Asia area.
“As we enter into a new era of industrialization propelled by advancements in technology and a philosophy of sustainability, we require a collaborative effort between the governments, industries and people to ensure consistent growth,” he mentioned.
Patnaik mentioned Odisha, a state identified for its wealthy tradition and custom, is reworking into a contemporary industrial hub.
“While my government is focused on providing the best-in-class facilitation to all investors coming to Odisha, we are also deeply committed to protecting our rich cultural history. The renovation and restoration of Buddhist pilgrimage sites have been a key agenda of my Government. I am happy to say that we are transforming sites like Dhauli, Udaygiri, Ratnagiri and Lalitgiri. I request all my Japanese friends to visit Odisha and experience the change. Come, Invest in Odisha, Invest in the future. Come, Join the Juggernaut,” it mentioned.
Mayank Joshi, Deputy Head of Mission, Indian Embassy of Japan, highlighted the benefit of doing enterprise reforms carried out by India and its influence in making a sturdy industrial ecosystem throughout states.
Joshi additionally praised Odisha for funding promotion and facilitation initiatives taken by the state.
“Odisha Business Meet 2023 at Tokyo ended on a successful note with Odisha government receiving investment intents of over Rs 25,000 crore (USD 3.04 billion) in sectors like logistics, metal ancillary, steel, Metal Downstream, Green Hydrogen and Green Ammonia, Green Energy Equipment Manufacturing and IT/ITeS. An MoU for collaboration in the skill development sector was also signed between Nihon-Utkal (NITKAL) and IIIT, Bhubaneswar,” the discharge mentioned.
During the day, the Chief Minster additionally met a number of senior industrialists throughout sectors for one-to-one conferences to debate their plans for investments in India and introduced the case for Odisha being the perfect funding vacation spot for them.
The launch mentioned he met CEOs and prime officers from IHI Corporation, TYK Corporation, Price Waterhouse Coopers, Marubeni-Itochu Steel Inc, Krosaki Harima Corporation, ThyssenKrupp, Toyo engineering, JGreen Power Private Limited, JFE Steel Corporation, Fujisoft Inc, ICIJ and Nissin Foods. (ANI)