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Odisha CM to visit Japan to woo investments for state

Updated: Mar 25, 2023 03:38:09pm

Odisha CM to visit Japan to woo investments for state

Bhubaneswar, Mar 25 (KNN) With the aim to attract investments for the state, Odisha Chief Minister Naveen Patnaik is planning to visit Japan in April, reported TOI quoting government source.

During his trip to the country, the chief minister is expected to meet top investors with the goal to boost foreign investments in Odisha.


As per reports, the CM-led delegation will showcase Odisha's investment potential and friendly policies to attract investments in sectors such as food processing, chemicals, plastics and petrochemicals besides textiles, apparel and tourism. 

Japan has been one of the country partners for Odisha's flagship business summit, Make in Odisha (MIO), in the last two editions in 2018 and 2022. 

With 45 per cent intents in the first two MIOs held in 2016 and 2018 turning into actual investments, Odisha is far ahead of national average of 22 per cent in translating intents into actual investments, industry minister Pratap Keshari Deb told the assembly on Friday. 

Responding to a question by BJD MLA Debi Prasad Mishra during the question hour, the industry minister said that Odisha has been emerging as a preferred investment destination because of political stability and conducive business environment.  (KNN Bureau)


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