1 hr ago
Odisha Plans UAE Outreach for Export-Led Industrial Growth
Odisha wants to attract companies and investors from around the world.
Its chief minister will visit the United Arab Emirates from September 9 to 11.
Meetings will take place in Abu Dhabi and Dubai.
The meetings will discuss investment, technology, exports and industrial partnerships.
Odisha says it already has a strong industrial base.
It wants to make more valuable products and sell them in international markets.
Officials are highlighting metals, ports, logistics, seafood, shipbuilding and chemicals.
They hope these partnerships will strengthen industries and create new opportunities for people in Odisha.
Chief Minister Mohan Charan Majhi will lead a three-day investment outreach to the UAE from September 9 to 11.
Odisha aims to attract global capital, strengthen export-oriented industries and build international business partnerships.
The outreach in Abu Dhabi and Dubai will involve investors, fund houses, financial institutions, industry leaders and business organisations.
The State is promoting opportunities in metals, logistics, food and seafood exports, shipbuilding, chemicals and other sectors.
Officials said they are seeking investment focused on value addition, exports, technology adoption and higher-value industries.
- Who
- Odisha Chief Minister Mohan Charan Majhi, Industries Minister Sampad Chandra Swain and prospective UAE-based investors and business organisations.
- What
- A three-day UAE investment outreach to attract capital, technology partnerships, industrial investment and export opportunities for Odisha.
- Where
- Abu Dhabi and Dubai in the United Arab Emirates, with proposed investment opportunities in Odisha.
- When
- The outreach is scheduled for September 9 to 11; the announcement was made on Monday.
- Why
- To establish export-led industrial growth, strengthen value chains and attract investment into higher-value industries.
Key facts
- Lead official
- Mohan Charan Majhi, Chief Minister of Odisha
- Outreach dates
- September 9 to 11
- Locations
- Abu Dhabi and Dubai
- Main objective
- Export-led industrial growth through global investment and business partnerships
- Participants
- UAE-based investors, fund houses, financial institutions, industry leaders, Indian business professionals and business organisations
- Target sectors
- Metals, food and seafood exports, ports, logistics, shipbuilding, rare earths, chemicals and petrochemicals
- Investment focus
- Value addition, exports, technology adoption and higher-value industries
Quotes
Sampad Chandra Swain
Industries Minister of Odisha
“The State has a strong industrial foundation and immense potential to become a major hub for export-oriented and value-added manufacturing. Through our UAE outreach, we seek to connect Odisha with global capital, technology, markets and strategic partners.”
thehansindia.com
“From metallurgy, metals and downstream industries to ports, logistics, food and seafood exports, rare earths, shipbuilding, chemicals and petrochemicals, we are presenting a wide range of investment opportunities.”
thehansindia.com
Sources
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