Prime Minister Narendra Modi inaugurated the ‘Utkarsh Odisha: Make in Odisha Conclave 2025’ at Bhubaneswar’s Janata Maidan. This two-day event aims to position Odisha as a leading investment destination and industrial hub in India.
Key Highlights of the Conclave
- Focus on Value Addition: PM Modi emphasized the importance of processing raw materials within India to enhance value addition. He stated, “The country’s development is not possible only by exporting raw materials. Therefore, we are changing the entire ecosystem and working with a new vision.”
- Eastern India as Growth Engine: Highlighting the strategic importance of eastern India, PM Modi remarked, “I consider eastern India as the growth engine of the country, and the state plays an important role in it.”
- Showcasing Odisha’s Potential: The Prime Minister highlighted five key attributes of Odisha:
- Originality
- Optimism
- Opportunity
- Outperformance
- Natural Beauty
These qualities collectively represent Odisha’s spirit and ambitions.
Industry Leaders’ Perspectives
- Tata Steel: TV Narendran, CEO and Managing Director of Tata Steel, emphasized the company’s century-long relationship with Odisha, noting, “Tata Steel’s relationship with Odisha is 100 years old. We have been here since before the formation of the state.”
- Jindal Steel and Power: The company has invested approximately ₹1 lakh crore in Odisha, with plans to double the capacity of its steel plant from six to twelve million tonnes.
- Vedanta Group: Chairman Anil Agarwal described Odisha as “the most preferred place in India, heaven on Earth,” highlighting its favorable investment climate.
Conclusion
The ‘Utkarsh Odisha: Make in Odisha Conclave 2025’ serves as a significant platform for fostering industrial growth and attracting investments to Odisha. PM Modi’s emphasis on value addition and the state’s strategic role underscores the government’s commitment to transforming Odisha into a key industrial hub in India.
Sources: PIB, NEW DELHI