Odisha CM Naveen to meet investors in Mumbai today

Bhubaneswar: After four years, Chief Minister Naveen Patnaik will speak at an investors' gathering on Wednesday in Mumbai and meet one-on-one with business leaders, industry leaders, and top bankers as a warm-up for the third Make in Odisha summit in November-December.

He arrived in the nation's commercial metropolis the previous evening after a three-day trip.

The chairman of the Mahindra Group, Anand Mahindra, the chairman of the Aditya Birla Group, Kumar Mangalam Birla, the chairman of Vedanta Resources, Anil Agarwal, the Larsen and Toubro country director DK Sen, the managing director of Nilkamal Ltd., Hiten V. Parekh, the chairman of the BSE, SS Mundra, and the chief executive officer of the NSE are all expected to meet with Naveen

Separate talks with the CM will also be held with the chairman of the State Bank of India, Dinesh Khara, the chairman of Waaree Energies, Hitesh Doshi, and the chairman of Supreme Industries, MP Taparia.

Naveen will speak during the investment roadshow that the Odisha government and FICCI are organising following the sessions. Arvind Vohra, the country head of HDFC Bank Ltd., and Rakesh Jha, executive director of ICICI Bank Ltd., are also anticipated to attend the meeting.

In order to attract investments, the government will concentrate on new industrial sectors and investor groups that have not yet established themselves in Odisha. These new age sectors include green hydrogen and green ammonia, datacenters, EV and EV component manufacturing, textiles and apparel, ITeS, financial services, and food processing.

On the eve of the roadshow in Mumbai, Chief Secretary Suresh Chandra Mahapatra spoke with representatives of 15 top companies and informed them about the industrial eco-system in Odisha, which is supported by enabling policies, a special subsidy, and hand-holding institutional support, in addition to robust infrastructure, an easily accessible land bank, a reliable supply of power, and industrial zones with a focus on a particular industry.

Additionally, he encouraged them to join the CM for an interactive session. Hemant Sharma, the department's principal secretary for industries, was also present.

After the investment roadshows in Dubai, Ahmedabad, and New Delhi, this is the fourth stop. Prior to the main biannual business event in Odisha from November 30 to December 4, which is expected to draw more than 400 industrial and corporate entities, the next investors' meet is scheduled for Bengaluru on September 28 and in a few other cities in October.

Prior to the second "Make in Odisha" global investors meeting in 2018, Naveen also held an investment roadshow in Mumbai, promoting his state as having policies that are conducive to investors and a wealth of resources.

The CM will ring the Bombay Stock Exchange (BSE) opening bell on Thursday before departing for Bhubaneswar, the sources stated.

Although there have been rumours that Naveen may see NCP leader Sharad Pawar during this visit, officials have stated that it is not on his agenda.