What Insights Did CM Majhi Share with Industry Leaders During Odisha Investor Meet in Hyderabad?
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Synopsis
Odisha's CM Mohan Charan Majhi engages industry leaders during the Odisha Investor Meet in Hyderabad, aiming to foster investment and job creation across key sectors. With substantial investment commitments and signed MoUs, the event reflects growing confidence in Odisha's industrial framework. Stay tuned for insights into the state's developmental strategies and opportunities for investors.
Key Takeaways
- Engagement with industry leaders across multiple sectors.
- Investment intentions exceeding Rs 19,500 crore.
- Creation of approximately 7,500 jobs.
- Seven MoUs signed for investments totaling Rs 19,200 crore.
- Focus on long-term partnerships and innovation.
Bhubaneswar, Dec 18 (NationPress) On Thursday, Odisha Chief Minister Mohan Charan Majhi engaged in personalized discussions with top executives from prominent firms spanning key sectors such as pharmaceuticals, medical devices, green energy, textiles, food processing, engineering goods, automotive components, and capital equipment manufacturing on the inaugural day of his two-day Odisha Investor Meet in Hyderabad, Telangana.
The investment roadshow, hosted by the Odisha government, aims to strengthen industry collaborations while showcasing the state's evolving industrial capabilities to both national and international investors.
During these individual meetings with industry leaders, the focus was on identifying new investment avenues and increasing industrial footprint in Odisha.
“Through these exchanges, we received investment commitments totaling approximately Rs 19,500 crore, potentially creating around 7,500 jobs. In a significant step forward, seven Memoranda of Understanding (MoUs) were signed today, representing investments of Rs 19,200 crore and promising job opportunities for nearly 12,700 individuals, as stated.
Sources from the state government indicated that the enthusiastic industry response underscores the increasing confidence in Odisha's progressive policy framework, strong infrastructure, and ongoing efforts to enhance the ease of doing business.
A sector-focused roundtable with leaders from the pharmaceutical industry was also convened, reflecting sustained interest following the Odisha Pharma Summit 2025.
Deliberations emphasized the implications of the state's newly announced Pharmaceutical Policy and the ongoing establishment of specialized Pharmaceutical and Medical Devices Parks, which aim to bolster Odisha's manufacturing landscape.
Commenting on the investor discussions, CM Majhi remarked, “The feedback from industry during today’s interactions clearly indicates the rising confidence in Odisha’s industrial trajectory. Our emphasis lies in fostering long-term partnerships through clear policies, responsive governance, and a forward-thinking ecosystem that encourages innovation, job creation, and sustainable growth. This roadshow serves as a vital platform to align industry expectations with the state’s developmental goals, ensuring that investment initiatives lead to timely and significant outcomes.”
A grand roadshow, the Odisha Investor Meet, is set to take place on Friday in Hyderabad, featuring a larger investor conference with participation from industry leaders, business associations, and institutional stakeholders.
Point of View
It is essential to recognize the significance of Odisha's proactive approach to attracting investments. The Odisha Investor Meet showcases the state's commitment to enhancing its industrial capabilities and fostering sustainable growth. By engaging directly with industry leaders, the government is strategically positioning Odisha as a competitive destination for investment, which is crucial for national economic development.
NationPress
21/12/2025
Frequently Asked Questions
What sectors were involved in the Odisha Investor Meet?
The Odisha Investor Meet featured key sectors such as pharmaceuticals, medical devices, green energy, textiles, food processing, engineering goods, automotive components, and capital equipment manufacturing.
What were the investment commitments received during the event?
Investment intentions amounting to approximately Rs 19,500 crore were received, with potential job creation for around 7,500 people.
How many MoUs were signed during the event?
Seven Memoranda of Understanding (MoUs) were signed, involving investments worth Rs 19,200 crore, generating employment for nearly 12,700 individuals.
What is the purpose of the Odisha Investor Meet?
The purpose of the Odisha Investor Meet is to strengthen industry partnerships and showcase the state's industrial capabilities to attract national and global investors.
How does the state government view industry response?
The state government views the strong industry response as a reflection of growing confidence in Odisha’s progressive policy framework and robust infrastructure.
