Bhubaneswar, Dec 22: After returning from a two-day Odisha Investors’ Meet held in Hyderabad, Chief Minister Mohan Charan Majhi expressed strong confidence that Odisha is poised to emerge as one of India’s largest investment hubs.
Addressing media representatives at the Lok Seva Bhawan Convention Centre here, the Chief Minister said the Hyderabad engagement clearly reflected the growing trust and confidence of investors in Odisha.
He described his interactions with industrialists and investors over the two days as highly encouraging and personally satisfying.
According to him, Odisha’s industrial journey has now moved decisively from potential to practical implementation, supported by robust policies and effective governance.
The Chief Minister credited Prime Minister Narendra Modi’s visionary leadership as a key driving force behind Odisha’s industrial success and investor-friendly environment.
During the Hyderabad visit, the Odisha government conducted 73 high-level meetings and two sectoral roundtable discussions—one focused on the pharmaceutical sector with eight major pharma companies, and another on defence manufacturing with representatives from 27 companies.
The Chief Minister noted that pharma and defence are relatively new sectors in Odisha, and these discussions successfully attracted investor interest. He also held one-to-one meetings with 38 industrial leaders, covering sectors such as pharmaceuticals, medical devices, defence manufacturing, renewable energy equipment, electronics and IT, data centres, textiles, technical textiles, and advanced manufacturing.
A mega Odisha Investors’ Roadshow in Hyderabad saw participation from over 500 industrialists, business associations, and institutional stakeholders, offering them a clear picture of Odisha’s industrial ecosystem, infrastructure, and policy-driven growth model.
The Chief Minister also presented his vision for a “Prosperous Odisha by 2036” along with a roadmap for growth in manufacturing and services.
To further improve ease of doing business, the government is amending around 23 laws, removing outdated provisions and aligning them with current needs. The focus over the next three months, he said, will be on grounding approved proposals to build greater investor confidence.
During the visit, the Chief Minister and senior officials also toured Bharat Dynamics Limited (BDL) in Hyderabad, aiming to strengthen Odisha’s defence manufacturing ecosystem, including missile component production.
The roadshow resulted in 13 MoUs worth ₹27,650 crore, generating 15,905 jobs, along with nine Investment Intent Filings worth over ₹39,131 crore. Overall, the Hyderabad roadshow generated investment commitments of ₹66,781 crore with employment potential for 56,340 people, marking it as one of Odisha’s successful investment outreach programs.
