Current Affairs Exam

Odisha to become trillion-dollar economy

Odisha is destined to become a trillion-dollar economy in the near future, said Chief Minister Naveen Patnaik at the Make in Odisha (MIO) Conclave-2022 while addressing leaders and investors.

We will emerge as the gateway to East and Southeast Asia. I invite you to come and invest in a new Odisha, he said.

Odisha is fast emerging as a major Investment destination in the country. We are a progressive State with clear focus on transformation in all sectors. Our fiscal prudence and economic management has been appreciated across the country. We are one of the few States with adequate revenues to undertake large-scale Infrastructure projects, said Patnaik.

Our new Industrial Policy provides the support and incentives which are beyond the best in the country. We are launching new policies in the sectors of tourism, RENEWABLE ENERGY, apparel and textile, Food Processing, exports and so on, he mentioned.

Odisha has attracted major investments in steel and aluminium projects and will emerge as the global hub in these sectors by the turn of this decade. We are ambitious to develop Odisha in other sectors too, Patnaik said.

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