Odisha Attracts ₹67,000 Crore in Investments at Hyderabad Investor Meet

Investment Surge in Odisha

Hyderabad/Bhubaneswar: The Odisha government has successfully attracted investment intentions totaling approximately ₹67,000 crore during a recent two-day investor meet held in Hyderabad, as reported by officials in Bhubaneswar on Friday.

Chief Minister Mohan Charan Majhi participated in the investor meet and roadshow, promoting Odisha as a prime destination for investments across various sectors.

Majhi emphasized, "Odisha is poised to become India's growth engine, and this investor meet serves as a vital platform for establishing long-term partnerships that convert investment intentions into tangible results," while addressing industry leaders.

The event generated significant interest from industries in key and emerging sectors such as pharmaceuticals, medical devices, renewable energy, textiles, electronics, IT, advanced manufacturing, and more.

During the meet, 13 Memoranda of Understanding (MoUs) were signed, indicating a potential investment of ₹27,650 crore and the creation of approximately 15,905 jobs, according to officials.

Additionally, investment intentions amounting to ₹39,131 crore were recorded, with the potential to generate over 40,000 jobs.

The Chief Minister stated that Odisha is positioning itself as a forward-looking investment hub through stable policies, competitive pricing, and a supportive governance framework.

He noted that the investor meet aimed to foster direct engagement with industry leaders, showcase Odisha's diverse industrial landscape, and expedite investment decisions in priority sectors. The event attracted over 500 delegates.

Highlighting the evolving landscape of India's industrial growth, the CM remarked that Odisha is becoming a pivotal destination under the national initiative 'Purvodaya', bolstered by robust infrastructure, fiscal responsibility, and responsive governance.

He pointed out the state's strategic benefits, including its vast coastline, port-led development, expanding industrial corridors, and multimodal connectivity, which position Odisha as a natural gateway to both domestic and international markets.

The Odisha Investor Meet saw participation from industry leaders, business associations, and senior executives from prominent companies.

Industries Minister Sampad Chandra Swain remarked, "The enthusiastic response at the Odisha Investor Meet reflects the industry's confidence in Odisha's policy framework and governance model. The state is dedicated to ensuring effective implementation, ongoing engagement, and seamless facilitation for investors."