Odisha to Host Investors' Meets in Pune and Ahmedabad to Attract Auto, Food Processing, and Downstream Sector Investments

Odisha to hold investors' meet in Pune and Ahmedabad from Aug 7 to 9, with focus on attracting investment in auto, food processing, and downstream sectors.

OdishaInvestors MeetPuneAhmedabadAutomobileFood ProcessingDownstream SectorsReal Estate PuneAug 02, 2024

Odisha to Host Investors' Meets in Pune and Ahmedabad to Attract Auto, Food Processing, and Downstream Sector Investments
Real Estate Pune:In a bid to attract investments in the state, Odisha will host 'Investor's Meets' in Pune and Ahmedabad from August 7 to 9. Industries Minister Sampad Chandra Swain announced that one-to-one discussions and roundtable sessions will be organized with investors to attract them to invest in Odisha. The focus will remain on attracting investment in automobile, food processing, and downstream sectors.

The minister stated that the department has set a target to invite an investment of Rs 2.5 lakh crore by 2029. Officials from the Industries Department as well as from the Department of Micro, Small and Medium Enterprises will also attend the investor's meet in the two cities.

This move by the Odisha government is aimed at promoting the state as a preferred investment destination and to showcase the opportunities available in various sectors. The state's investor-friendly policies and infrastructure are expected to be highlighted during the meets.

The Odisha government has been actively working towards promoting industrialization and investment in the state. The state has a favorable business environment and offers various incentives to investors. The state's proximity to the eastern coast of India and its rich natural resources make it an attractive destination for investors.

The Industries Department of Odisha is responsible for promoting industrial development in the state. The department works towards creating a favorable business environment and provides various incentives to investors. Note The Department of Micro, Small and Medium Enterprises is a department under the Government of India that works towards promoting the development of MSMEs in the country.

Frequently Asked Questions

What is the purpose of the 'Investor's Meets' being hosted by Odisha?

The purpose of the 'Investor's Meets' is to attract investments in Odisha, with a focus on automobile, food processing, and downstream sectors.

Where will the 'Investor's Meets' be held?

The 'Investor's Meets' will be held in Pune and Ahmedabad from August 7 to 9.

What is the investment target set by the Odisha government?

The Odisha government has set a target to invite an investment of Rs 2.5 lakh crore by 2029.

Who will attend the investor's meets?

Officials from the Industries Department as well as from the Department of Micro, Small and Medium Enterprises will attend the investor's meets.

What are the benefits of investing in Odisha?

Odisha offers a favorable business environment, various incentives, and proximity to the eastern coast of India, making it an attractive destination for investors.

Related News Articles

Nilkamal Reports 30.27% Increase in Net Profit for Q2 FY25
Real Estate

Nilkamal Reports 30.27% Increase in Net Profit for Q2 FY25

Nilkamal registered a 30.27% increase in its net consolidated profit for the quarter ended September 30, 2024. The company's net profit after tax stood at Rs 32.62 crore, up from Rs 25.04 crore in the corresponding quarter of the previous fiscal year.

October 28, 2024
Read Article
Port Sector Development: Key Focus in My Third Term, Vadhavan Port Underway
Real Estate Mumbai

Port Sector Development: Key Focus in My Third Term, Vadhavan Port Underway

In a significant push towards infrastructure development, the port sector has emerged as a key focus area in my third term. The work on the Vadhavan port has already begun, marking a crucial milestone in this initiative.

January 15, 2025
Read Article
Mumbai Property Registrations Rise 5% in November, Stamp Duty Revenue Up 30%
real estate news

Mumbai Property Registrations Rise 5% in November, Stamp Duty Revenue Up 30%

The real estate market in Mumbai has shown a significant boost with property registrations increasing by 5% in November. This surge has also led to a 30% increase in stamp duty revenue, according to the latest data. Industry experts attribute this shift t

December 2, 2024
Read Article
Why Housing Stocks Plummeted After Budget 2025’s Disappointing Capital Expenditure Announcement
real estate news

Why Housing Stocks Plummeted After Budget 2025’s Disappointing Capital Expenditure Announcement

Shares of affordable housing finance companies experienced a significant dip on Monday, following the Union Budget 2025, which failed to meet market expectations in terms of capital expenditure allocations for the housing sector.

February 3, 2025
Read Article
Rexas Finance (RXS) to Revolutionize Real Estate Investment with Fractional Ownership
Real Estate

Rexas Finance (RXS) to Revolutionize Real Estate Investment with Fractional Ownership

Rexas Finance (RXS) is harnessing the power of blockchain to make real estate investment accessible to everyone. By enabling fractional ownership in the $300 trillion real estate market, RXS is breaking down traditional barriers to property investment.

December 2, 2024
Read Article
Vinhomes: Revolutionizing Vietnam's Real Estate Market for Global Investors
Real Estate

Vinhomes: Revolutionizing Vietnam's Real Estate Market for Global Investors

Vietnam's real estate market is showing signs of robust recovery, making it an attractive destination for both local and international investors. Vinhomes has emerged as a key player, driving growth and setting new benchmarks in the industry.

September 11, 2024
Read Article