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Odisha attracts Rs 5,000 cr investment from private sector

Odisha today received investment commitments worth Rs 5,000 crore from the private sector during an ongoing business summit here, a top government official said today.

December 02, 2016 / 08:59 IST
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Odisha today received investment commitments worth Rs 5,000 crore from the private sector during an ongoing business summit here, a top government official said today.

The three-day event 'Make in Odisha Conclave' was inaugurated by Chief Minister Naveen Patnaik yesterday.

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"To attract investors, we are providing a number of incentives, including 20 per cent capital investment subsidy for an investment of Rs 50 crore or above, 5 per cent additional subsidy for women, SC/ST and physically challenged entrepreneurs.

"Today we attracted Rs 5,000-crore investment from the private sector," Odisha Tourism Principal Secretary G K Dhal told reporters here.