Bhubaneswar, Aug 27 (KNN) To set up 23 new industrial parks in Odisha the state government has announced investment of up to Rs 600 crore. 

It will be developed by the Industrial Infrastructure Development Corporation (IDCO), reported The Print. 

Speaking at the Odisha MSME Meet 2022, Asit Tripathy, principal adviser to the chief minister said that the state government has reaffirmed its focus on development of ancillary industries .

The renewed focus is to upgrade and accelerate economic development and create employment, he said. 

Connecting Rourkela in western Odisha and Malkangiri in the southern region, IDCO had been developing 11 industrial corridors alongside the Biju Expressway, said Tripathy.

Further he said that for the development of 23 industrial parks and Rs 600 crore would be allocated in the next three years for the purpose to IDCO. 

The meet was organised by industry association Odisha Assembly of Small and Medium Enterprises at the Janata Maidan in Bhubaneswar.  (KNN Bureau)