Mumbai, April 25 (PTI) is confident that Odisha will emerge as top players in the steel sector, Chief Minister Mohan Manjhi said on Friday that the state is providing a favorable environment for investors.
“Odisha will lead the country in the steel sector. We are becoming an economic power in five states that are leading the country (in terms of economic development). Prime Minister Narendra Modi has already said that Odisha will have a development engine to carry forward developers to incite a developed provocation for India by 2047,” here.
Saying that Steel is the maternal industry of the eastern state and on the basis that it is leading India in steel production, Manjhi said, “We are currently producing more than 41 million tonnes of steel. Our goal is to produce steel up to 130 million tonnes by 2030”. At that time, he said, Odisha will be about 50 percent of the total steel production of the country.
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He said that the mineral-mineral-rich state received an investment proposal of Rs 17-million crore at the two-day trade conclusion held in January this year, which took place this year with a sufficient part of this investment for this steel sector.
Apart from this, it will also create a 9-millions of job opportunities in the state, he said.
He said that the state is getting these opportunities due to double engine government – the government of the same party at the Center and the state – according to the importance of infrastructure development, including increasing road, port and rail connectivity to facilitate industry.
He said, “We have also introduced a new industrial policy, which provides financial incentives to the industry, which is far more simple and clear than the policies of other states,” he said. Pti IAS Mr Mr
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