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Odisha has emerged as a top manufacturing destination in the country

Bhubaneswar:11/10/18: With the State Government making an all-out effort to promote investment, Odisha has emerged as a top manufacturing destination in the country.

In the 72nd Survey of Projects Investment in India conducted by Projects Today magazine, Odisha has topped in terms of fresh projects expenditure by contributing almost 12% of the total fresh projects announced in the July-September (Q2) of the current fiscal. The state attracted manufacturing investments from a variety of sectors to the tune of Rs 35,861 crore in the second quarter of this fiscal alone.

This accolade comes to the state on the back of a survey jointly conducted by Invest India and World Bank that ranked Odisha as an ‘Aspiring Leader’ in terms of investment promotion preparedness earlier in July this year.

Earlier, ASSOCHAM had ranked Odisha as the number one State in terms of investment implementation rate and the state is consistently ranked among the top three States in terms of live manufacturing investments in India.

Industries Department Principal Secretary Sanjeev Chopra said, “ “The State has seen a significant rise in attracting manufacturing projects with more than 118 large projects approved with employment potential of 1,28,572 in the past 4 years. The average time taken for approval of the projects has also reduced to 20 days from the date of receipt of completed project application.”

About Ashok Palit

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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