Odisha third most preferred investment destination in India

Assocham said – Odisha is the third most preferred investment destination in the country after Maharashtra and Gujarat.

With a share of over 7 per cent, Odisha has attracted outstanding investments worth about Rs 12 lakh crore out of the total investments worth over Rs 158 lakh crore attracted by various sectors from both public and private sources in top 21 states across India as on March 31, 2015.

Maharashtra and Gujarat remained ahead of Odisha with a share of 9.7 per cent and 9.5 per cent respectively.

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The state has registered positive growth both in manufacturing and services sectors, contrary to the economic slowdown in India and globally.

Odisha ranks as the fastest growing state in attracting tourists by registering about 133 per cent jump in the last 10 years.

Assocham’s Secretary General D S Rawat said Assocham was preparing a ‘Blueprint for promoting ease of doing business in Odisha’, which would be submitted to Chief Minister Naveen Patnaik within two months.

Odisha Government

More investment friendly initiatives along with policies to further enhance mining activities, developing rural education policy, PPP-based development in irrigation and allied sectors were some key suggestions for Odisha government listed in the study.

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