Now Reading: Odisha nets Rs 66,392 crore investment, 54,135 jobs
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Odisha nets Rs 66,392 crore investment, 54,135 jobs
Odisha has attracted investment proposals worth Rs 66,392 crore with the potential to create about 54,135 jobs after a two-day outreach in Delhi-NCR, the state government said on Sunday. A total of…
The Story in Brief
Odisha has attracted investment proposals worth Rs 66,392 crore with the potential to create about 54,135 jobs after a two-day outreach in Delhi-NCR, the state government said on Sunday. A total of 38 MoUs were signed covering manufacturing, textiles, engineering and aluminium.
Chief Minister Mohan Charan Majhi held one-on-one meetings with 208 industry representatives across 46 high-level meetings. He also visited a Noida factory and invited Chinese appliance giant Haier to set up a white-goods manufacturing ecosystem with Odisha as a base, saying the state's teams were ready to support the project.
The Indian Opinion
Another Rs 66,392 crore in proposals sounds impressive, but Odisha has seen such announcements before without all of them turning into factories. The real test is how many of these 38 MoUs actually break ground in the next 12 months. Does the state's land acquisition and power supply keep pace with the promises made in Delhi? That will decide whether this is a genuine growth story or just another headline.
Source: deccanchronicle.com
This story was synthesised by AI from the source linked above.
