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Utkarsh Odisha Conclave: Odisha Signs 145 MoUs Worth Rs 12.89 Lakh Crore In Biz Summit, Says CM Majhi

Hemanta Pande
Browse all articles by Hemanta Pande
·1 year ago·2 min read
Utkarsh Odisha Conclave: Odisha Signs 145 MoUs Worth Rs 12.89 Lakh Crore In Biz Summit, Says CM Majhi

Key Points

The Odisha government has signed 145 MoUs with various companies which have proposed to invest Rs 12.89 lakh core during the two-day Utkarsh Odisha-Make in Odisha conclave-2025 in Bhubaneswar.

 Bhubaneswar, Jan 29: The Odisha government has signed 145 MoUs with various companies which have proposed to invest Rs 12.89 lakh core during the two-day Utkarsh Odisha-Make in Odisha conclave-2025 in Bhubaneswar, informed Chief Minister Mohan Majhi on Wednesday.

In a social media post, the Chief Minister said, “The two-day Utkarsh Odisha – Make in Odisha Conclave 2025 concluded with remarkable success, drawing industry leaders, global delegates, investors, and policymakers.”

“The conclave resulted in an overwhelming response, with 145 Memorandums of Understanding (MoUs) signed, attracting Rs 12.89 lakh crore in investment across sectors like chemicals & petrochemicals, textiles, mining, renewable energy, IT, tourism, and food processing. These investments are expected to generate over 8.94 lakh job opportunities, significantly boosting employment and economic growth in the state,” he added.

CM Majhi also said that the State government has also received 448 Investment Intents in prescribed forms with a cumulative investment worth Rs 3.84 Lakh crores the potential to create 3.92 lakh jobs.

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The Chief Minister further stated that the state received a total of 593 projects with an investment of Rs 16.73 lakh crores and employment potential of 12.88 lakhs in over 20 sectors across all 30 districts of Odisha.

“We are committed to achieving the vision of Samrudh Odisha 2036 and contributing to Viksit Bharat 2047,” he said.

On Tuesday, Prime Minister Narendra Modi inaugurated the two-day business summit, 'Utkarsa Odisha-Make in Odisha -2025 Conclave’, the flagship Global Investment Summit hosted by the Odisha government from January 28 to 29 at the Janata Maidan in Bhubaneswar. 

The conclave attracted delegates from over 16 countries, including representatives from the Partner Countries – Singapore, Malaysia, and Australia.

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Utkarsh Odisha Conclave: Odisha Signs 145 MoUs Worth Rs 12.89 Lakh Crore In Biz Summit, Says CM Majhi | Argus English