Odisha to Become Trillion-dollar Economy in Near Future: CM Naveen Patnaik

Bhubaneswar: Chief Minister Naveen Patnaik said Odisha is destined to become a trillion-dollar economy in the near future.

“We will emerge as the gateway to East and South East Asia,” said the Chief Minister at the third edition of Make in Odisha as he invited investors to invest in the state.

He said Odisha is fast emerging as a major investment destination in the country.

“We are a progressive state with a clear focus on transformation in all sectors. Stable governance is the cornerstone of peace prosperity and progress. We have an unprecedented mandate from the electorate due to our continued performance over the last two decades, he added.

The Chief Minister said they have been able to reduce poverty by 50% while doubling the farmers’ income over the last two decades.

“Our fiscal prudence and economic management have been appreciated across the country. We are one of the few states with adequate revenues to undertake large-scale infrastructure projects. Our investor-friendly initiatives and transformative governance have put us on a journey of progress and prosperity. I invite each one of you to come to join us on this journey,” said Patnaik.

The Chief Minister assured that the government will run the extra mile to make the investors comfortable in the state.

“We will walk along your side and make sure your dreams as an entrepreneur are realized. Odisha’s prosperity is interlinked with new investments. We completely understand this and therefore, we welcome you from the core of our hearts. We offer you better than the best. Our new Industrial Policy provides 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 informed.

Informing that Odisha is a major force in the field of mining and mineral-based industries, he said the state has attracted major investments in Steel and Aluminum projects and will emerge as the global hub in these sectors by the turn of this decade.