After Prime Minister Mr Narendra Modi conceived the idea of the second phase

of the ‘Swadeshi Movement’ covering almost all major economies in the country
in the form of ‘Make In India’ initiative in 2014, Govt. of Odisha launched its own
version of ‘Make in Odisha’ to promote industrial growth in the state. The vision
was to follow glocalisation that is an amalgamation of global and local ideas
through various investors, which will be a road-map for a World Class
infrastructure and status in the State of Odisha. One of the most prominent
objectives of the initiative is to create job and enhancement of skills in sectors
like:

 Chemicals, Petrochemicals and Plastics

 Ancillary and Downstream in Metal sector

 Textiles and Apparel

 Food Processing including Seafood

 Electronics Manufacturing and IT and

 Tourism

In addition to it, the ‘Make in India’ movement paved a way for the launch of

such initiatives in individual states of the country such ‘Vibrant Gujarat’,

‘Happening Haryana’, ‘Magnetic Maharastra’ etc. and each of these states are

in a race to compete with each other to be a favourable place in terms of ‘Ease

of Doing Business’. To strengthen such novice ideas, Odisha conducted its first

Make in Odisha conclave in 2016 and subsequently its second phase in Nov

2018 at Bhubaneswar which saw massive response from investors around the

world, the likes of whom include – Taiwan Company, Tata Steel, Reliance
Industries Ltd., Aditya Birla Group, Haladia Petrochemicals, Jindal Steel and

Power, Steel Authority of India, Mahanadi Coalfields, NALCO, FICCI, State

Bank of India. The recent conclave also saw interests from Japan, China, Italy,

Germany, Saudi Arabia and South Korea wherein Japan was also the summit

partner. In its maiden edition of the conclave, the state of Odisha had bagged

Rs 2.03 lakh crores of investment which saw a leap of around double the figure

in its second phase, i.e in the tune of Rs 4.19 lakh crores. Further, all the

dignitaries and speakers of the event echoed in with the fact that Odisha is

going to become a trillion dollar economy by the year 2030. The Chief Minister

of Odisha believes that this initiative is aimed at diversifying Odisha’s economy

across 15 sectors with the promise of generating around 6 lakhs jobs. This

initiative can surely bring a revolution in the history of industrialization in Odisha.

All things said and done, though the Make in Odisha initiative sounds ambitious,

it is still achievable and we all should be a part the novel initiative, to translate

these investment intents into projects on grounds. This can only be done, when

students from top B-Schools of the state after gaining financial and marketing

knowledge in their curriculum, put on entrepreneurial hats and make our state

compete with global places and to be in the horse race with other states as to

make Odisha in the top of the ‘Ease of Doing Business’ list.

Thank You!