Government of Odisha aims to bring economy back on track

Bhubaneswar, August 26, 2020 (,GNI):– Covid-19 impacted economic activities in the state due to nation-wide lockdown, the State is putting its best effort to bring the economy back on track. The Government of Odisha gears up to drive the industrial activity and employment generation in the state.

The 189th State Level Facilitation Cell (SLFC) meeting was conducted through video conferencing today with nodal officers from different industries and assessed the proposals. These proposals spread across Cement, Tourism & Hotel Industries sectors etc. The state has also focused on creating industry-ready infrastructure and making available skilled workforce for the industry. The pandemic has posed new challenges for businesses worldwide but on a positive note it has also provided opportunities to diversify, collaborate, reimagine and reinvent businesses without boundaries.

Even due to the alarming Covid-19 subsequent lockdown across the country, the Department of Industries, Government of Odisha has been operating as usual to maintain promotion of all-round industrial development of the State by generating employment, attract investments and become instrumental in the economic development of the State.

As India remains concerned about the economic impact of Covid-19, Odisha is moving ahead with investment plans to shield the state from extreme economic suffering due to the deadly pandemic, stated in the press release. 

About Odisha: Located on the east coast of India, Odisha has a coastline of 480 kms along the Bay of Bengal. The modern State of Odisha was formed on 1 April, 1936 but its history dates to the era of Kalinga mentioned in the Mahabharata. Over the years the state has maintained a unique cultural identity distinct from all of its neighboring States. Traditionally, the State has been known for its mineral and mining strength. Since the turn of the millennium, the focus of the State has shifted to manufacturing and services industrial growth. The State Government has also taken several unique initiatives to ensure that a hassle-free and conducive business environment is provided to the investors setting up units in the State. This website is a one-stop location for all such information.

About IPICOL: Industrial Promotion and Investment Corporation of Odisha (IPICOL) is the single point of contact for all industrial investments in the State. IPICOL is responsible for devising the investment promotion, facilitation and aftercare strategy for The state of Odisha. IPICOL, as the investment promotion agency of the State of Odisha undertakes all activities to promote Odisha as the investment destination of choice.ends

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