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Odisha UAE Outreach Draws ₹2.43 Lakh Crore Proposals
Odisha’s chief minister visited the United Arab Emirates to meet possible investors.
The meetings took place in Abu Dhabi and Dubai over three days.
Companies proposed investing about ₹2.43 lakh crore in Odisha.
Officials said these proposals could create more than six lakh jobs.
The ideas included green energy, technology, tourism, logistics, food processing and manufacturing.
Some companies signed agreements, while others shared plans to invest.
The chief minister also met UAE officials and members of the Odia community.
He said the goal is to build long-term business partnerships and help Odisha develop by 2036.
Odisha’s three-day UAE outreach generated proposed investments worth ₹2,43,162 crore, officials said.
The proposals reportedly have the potential to create 6,18,725 jobs across multiple sectors.
The programme produced 24 MoUs and Investment Intents after 52 investor meetings and round-table discussions.
Engagements in Abu Dhabi and Dubai covered energy, technology, logistics, manufacturing, tourism, minerals and food processing.
An earlier update cited ₹2.18 lakh crore in proposals, while the final assessment increased the total to ₹2.43 lakh crore.
- Who
- Odisha Chief Minister Mohan Charan Majhi led a state delegation, meeting UAE officials, investors, business leaders and the Odia diaspora.
- What
- A three-day investment outreach produced proposed investments of ₹2,43,162 crore, 24 MoUs and Investment Intents, and an estimated 6,18,725 jobs.
- Where
- The engagements took place in Abu Dhabi and Dubai, United Arab Emirates.
- When
- The outreach concluded on Friday after three days; the articles do not provide calendar dates.
- Why
- The outreach aimed to attract investment, create jobs, build long-term partnerships and support Odisha’s goal of becoming a developed state by 2036.
Key facts
- Proposed investment
- ₹2,43,162 crore, according to officials’ final assessment
- Employment potential
- 6,18,725 jobs
- Agreements and intents
- 24 Memoranda of Understanding and Investment Intents
- Investor engagements
- 52 one-to-one meetings and round-table engagements
- Dubai event attendance
- Around 400 business leaders, investors and UAE business community members
- Diaspora gathering
- More than 800 Odias welcomed the chief minister in Dubai
- Earlier reported figure
- An earlier update cited ₹2.18 lakh crore in proposals, comprising ₹2.10 lakh crore on Wednesday and ₹8,417 crore on Thursday
Quotes
Mohan Charan Majhi
Chief minister of Odisha
“We aim to make Odisha a developed state (Vikshit Odisha) by 2036, when the state will celebrate the centenary of its statehood. This visit will help in this direction, as investment from the UAE into Odisha will flow in the coming days.”
telegraphindia.com
“Odisha’s engagement with the UAE is intended to go beyond individual investments and build durable partnerships in manufacturing, trade, technology, exports, innovation, skills and entrepreneurship”
thehansindia.com
Sources
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