Odisha CM Meets Foreign Delegates, Targets Rs 5 Lakh Crore Investment For 2025 Conclave

Bhubaneswar, Oct. 3: Odisha Chief Minister Mohan Charan Majhi on Thursday engaged in strategic discussions with senior officials from various countries in New Delhi, aiming to bring in substantial investments to the state.

Several nations expressed interest in taking part in the ‘Utkarsh Odisha: Make in Odisha Conclave 2025’, a major business summit designed to attract both domestic and global investors.

"Ambassadors, high commissioners, consul-generals, trade commissioners, and senior diplomats attended the event, and many of them are enthusiastic about participating in the conclave," said CM Majhi after meeting with representatives from 34 countries.

The Chief Minister emphasized that the state anticipates investment proposals in key sectors like semiconductors, information technology (IT), green energy, petrochemicals, electronics, and food processing. These discussions are part of Odisha's broader effort to position itself as a leading investment hub in India.

Before leaving for New Delhi, Majhi had stated that his administration expects to attract Rs 5 lakh crore in investments at the 2025 conclave, which could be a game-changer for the state’s economic trajectory. According to the CM, the success of this event will pave the way for Odisha to become a "prosperous state" by 2036 and achieve the status of a "developed state" by 2047.

“Prime Minister Narendra Modi has envisioned Odisha as a key gateway to India's development. With a double-engine government now in place, we are working hard to realize this vision,” Majhi said, emphasizing the alignment between state and central government initiatives.

In his interactions with global delegates, Majhi highlighted Odisha’s dynamic industrial sector and emerging investment opportunities. He underscored the state’s commitment to creating a business-friendly environment with supportive policies that encourage partnerships and investment. The government’s goal is to secure over Rs 5 lakh crore in investments through the upcoming conclave.

The Chief Minister also held one-on-one meetings with industry bodies and trade associations to discuss Odisha’s potential in various sectors, the state’s ease of doing business, and the incentives available to investors.

Accompanying the CM were state industries minister Sampad Chandra Swain, Chief Secretary Manoj Ahuja, and other senior officials, who helped extend invitations to global stakeholders for the Utkarsh Odisha: Make in Odisha Conclave 2025. The CM personally invited key international players to explore investment opportunities in the state.

The 2025 conclave is expected to draw business leaders from a wide range of sectors, all of whom are being encouraged to see Odisha as a prime destination for industrial growth and innovation.