The Odisha government has decided to go beyond mineral-based industries and attract investments in new-age industries such as automobile manufacturing, green energy and electronics and telecommunication equipment manufacturing.
Chief secretary Suresh Chandra Mohapatra said: “We have brought amendments in the Industrial Policy Resolution (2015). Under the new policy, we will give incentives to attract new-age mega industries. The proposed amendments are expected to attract investments of around Rs. 12,000 crore to the state, creating employment for more than 35,000 people.
“Besides generating revenue and creating local employment, the mega industries will also be instrumental in bringing high-end technologies to the state.”
