Odisha Cm Launches 17 Projects Industrial Worth Rs 1k Cr

Odisha CM launches 17 projects industrial worth Rs 1K cr

Bhubaneswar : , Tuesday, Nov 30, 2012: Chief Minister of Odisha Naveen Patnaik inaugurated seven industrial projects and laid the foundation stones for ten projects that will total Rs 1,000 crore.
Officials stated that the seven units were inaugurated with an investment of Rs.152 crore.The proposed investment plan for the 10 industrial units was worth Rs 848 crore.

 Odisha Cm Launches 17 Projects Industrial Worth Rs 1k Cr-TeluguStop.com

Officials stated that the projects will create employment opportunities for more than 2,400 people in the state and include tourism, food processing, plastic manufacturing, and fertiliser sectors.

The Chief Minister stated that Odisha is rapidly emerging as the manufacturing center of eastern India.

We have been moving ahead on the path to industrial development and are consistently ranked amongst the top states for live manufacturing investments in India.

Patnaik stated that his government has taken several proactive steps towards the development and growth of industries.

This has led to an industry-led ecosystem that adds value, generates sustainable employment and increases revenue in the state.

“The stable policy and regulatory environment of the state government have allowed for robust growth in the state’s industrial sector.

Patnaik stated that the state has seen businesses grow through the implementation of reforms to make it easier for businesses and the assistance provided by various departments.

Shree Malani Foams inaugurated a unit for manufacturing polyurethane foam at Jaymangal in Khurda on Tuesday.The investment was Rs 135 crore.

The foundation stone was also laid for the Indian Farmers Fertilizer Cooperative Limited (IFFCO) nano urea plant at Paradeep, Jagatsinghpur.The project will be completed with an investment of Rs.225 crore.

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Disclaimer : TeluguStop.com Editorial Team not involved in creation of this article & holds no responsibility for its content..This Article is Provided by IANS, Please contact IANS if any issues in Article .


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