Posted inSectors

Odisha emerges as an attractive investment destination

Ease of doing business improves

Odisha emerges as an attractive investment destination

Odisha is gradually emerging as an attractive investment destination. According to reports, nationally it has attracted close to 18% investments during the period April to September. The Chief Minister of Odisha, Naveen Patnaik has been emphasising on creating conducive environment in the state for investors. As a result, one can see increased efficiency in the state that is further leading to better of ease of doing business. Digitalised processes have further improved transparency level.  

Also, the state has been taking other industry-friendly initiatives. Setting up Biju Patnaik University of Technology for up skilling is a step that the state has taken to ensure availability of industry-ready workforce. Additionally, state’s focus on natural resources such as iron ore and bauxite has been helping it create industrial clusters for various industries.