PM Modi Launches 'Utkarsh Odisha' Business Conclave in Bhubaneswar
Click to start listening
Synopsis
Prime Minister Modi inaugurated the 'Utkarsh Odisha' Conclave, calling for investments in the state's development. He emphasized Odisha's growth potential in various industries and the importance of building a robust supply chain.
Key Takeaways
- PM Modi inaugurated the 'Utkarsh Odisha' Conclave.
- He urged investments in Odisha for development.
- Odisha is emerging in multiple industries, including green energy.
- Emphasis on local value addition from mineral resources.
- Need for a strong supply chain within India.
Bhubaneswar, Jan 28 (NationPress) On Tuesday, Prime Minister Narendra Modi officially launched the two-day 'Utkarsh Odisha' – Make in Odisha Conclave 2025 and the Make in Odisha Exhibition in Bhubaneswar.
During his speech, PM Modi highlighted that eastern India serves as a pivotal growth engine for the nation, with Odisha playing a crucial role.
He pointed out that the region is witnessing an unprecedented surge in opportunities since independence.
The Prime Minister urged industry leaders present at the grand conclave to seize the moment and invest in Odisha's development journey.
He assured that such investments would pave the way for remarkable success.
Reflecting on his personal experiences of observing the skills, diligence, and integrity of the people from Odisha in Gujarat, he stated, 'With new opportunities arising in Odisha, the state is poised to achieve unparalleled development.'
Furthermore, he noted that Odisha is emerging as one of India's front-running states across various sectors, including food processing, petrochemicals, port-led development, fisheries, IT, edtech, textiles, tourism, mining, and green energy.
PM Modi emphasized that India is shifting its approach from merely extracting minerals and exporting them for production to establishing industries within the state to add value locally.
He stated, 'Our government is committed to ensuring that industries related to Odisha's resources are set up within the state. Today's Utkarsh Odisha Conclave 2025 serves as a step towards realizing this vision.'
He declared that the Utkarsh Odisha conclave is the largest business summit held in Odisha to date, attracting five to six times more investors than previous events.
Addressing the challenges posed by global supply chains, the Prime Minister stressed the importance of building a robust supply and value chain within India to mitigate the effects of global fluctuations.
He pointed out that both the government and industry share the responsibility for this endeavor.
PM Modi encouraged industries to support MSMEs and emerging startups while emphasizing the significance of research and innovation for sustainable growth.
He mentioned that the Central government is fostering a vibrant research ecosystem across the country, which includes a special fund and initiatives for internships and skill enhancement.
Stressing that a strong research infrastructure and a skilled youth workforce will greatly benefit industries, PM Modi called on industry stakeholders and the Odisha government to collaborate in developing a modern ecosystem aligned with Odisha's goals, thereby creating new opportunities for the youth.
He highlighted the global shift towards sustainable lifestyles and the increasing demand for green jobs, indicating a bright future.
PM Modi noted that India is also focusing on green technologies and sustainable energy sources, such as solar, wind, hydro, and green hydrogen, to secure energy for a developed India.
He remarked on Odisha's vast potential in this area, mentioning that significant policy decisions are being implemented to promote renewable energy industries and initiatives for hydrogen energy production.
He pointed out that alongside green energy, measures are being taken to expand the petrochemical sector in Odisha.
He underscored that dedicated industrial parks and investment regions are being developed in Paradip and Gopalpur, highlighting the potential for substantial investments in this sector.
PM Modi emphasized the need to tap into Odisha's tourism potential, given its 500-km coastline, over 33 percent forest cover, and boundless opportunities for eco-tourism and adventure tourism.
He observed that India is focusing on initiatives like 'Wed in India' and 'Heal in India', which align perfectly with Odisha's natural beauty and environment.
Highlighting India's potential in conference tourism, PM Modi urged both states and the private sector to enhance infrastructure and skills related to the conference economy, including event management, artist development, security, and logistical arrangements, where new opportunities are emerging.
