India Inc takes note of Odisharsquos growing financial clout

Bhubaneswar | Tuesday | 13th November, 2018

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During last 18 months, 310 start-ups have been registered and 40 of whom have already been provided with assistance. “We aim to be among top three start-up hubs in the country by supporting at least 1000 start-ups by 2020,” he said.The state received more than 1.45 lakh crore investment intent from the industries. Odisha is one of the three states, besides Maharashtra and Tamil Nadu which could become trillion dollar economy.” Other countries such as US and China which are $10 trillion economy have three states each of trillion dollars, he added.Odisha’s current size of economy is estimated to be around US $ 70 billion. Aditya Birla Group chairman Kumar Mangalam Birla and Tata Sons chairman Natarajan Chandrasekaran described Odisha’s phenomenal progress in the past 10-15 years.With top industrialists lauding the Odisha growth story, chief minister Naveen Patnaik summed it up, “It has been a challenging journey; and simultaneously been a fulfilling experience. BHUBANESWAR: Industry captains vouched for Odisha’s growing financial clout among Indian states as they spoke at the inaugural plenary session of the Make in Odisha Conclave 2018 , state’s flagship biennial investors meet, here on Monday even as chief minister Naveen Patnaik tried to hardsell ‘Advantage Odisha’ to them.Speaking about the potential of Odisha, JSW Group chairman Sajjan Jindal said, “If India has to become a $10 trillion economy by 2030, Odisha has to play a very important role..