"We got investment proposals three times more": CM Majhi elated as Utkarsh Odisha Conclave exceeds targets

Bhubaneswar (Odisha) [India], January 28 (ANI): Odisha is poised to become a major industrial hub, with Chief Minister Mohan Majhi announcing that the state has received investment proposals worth three times its initial expectations.
This development comes after Prime Minister Modi inaugurated the Utkarsh Odisha - Make in Odisha Conclave 2025, where he encouraged investors to capitalize on Odisha's vast potential.
The state had initially anticipated investments worth Rs 5 lakh crores, but the actual proposals exceeded this amount threefold.
"Today, PM Modi has encouraged investors from the country and from around the world to invest in Odisha. We expected around Rs five lakh crores of investment but we have got investment proposals three times more than that. Certainly, Odisha is going to become an industrial hub now," CM Majhi said.
Earlier today, PM Modi emphasised that Odisha is on the cusp of a new era of growth, with numerous opportunities emerging in various sectors. He highlighted the state's strategic location, its rich cultural heritage, and the government's commitment to ease of doing business
"Now, in the 21st century, Odisha is focused on reviving its glorious legacy. Recently, the President of Singapore visited Odisha, and Singapore is very excited about its relationship with Odisha. ASEAN countries have also shown interest in enhancing trade and tradition with Odisha. Today, there are more opportunities opening up in this region than ever before, more than at any time since independence," PM Modi added.
"Yahi Samay hai, sahi samay hai (This is the time, the right time)," he asserted.
He told the investors in the event that their investment in Odisha's development journey would take them to new heights of success, emphasizing, "This is Modi's guarantee".
The Prime Minister asserted further that today, India is on a path of development driven by the aspirations of crores of people.
"Aspirations grow when people's needs are met. In the past decade, the empowerment of crores of citizens has benefited the country. Odisha stands as a symbol of the optimism and originality of the new India. In industries like food processing, petrochemicals, fisheries, IT, edutech, textiles, tourism, mining, and green energy, Odisha is becoming one of India's leading states. India is rapidly moving towards becoming the third-largest economy in the world, and the goal of a five trillion-dollar economy is not far off now," he said.
The Utkarsh Odisha - Make in Odisha Conclave 2025 in Bhubaneswar, the flagship Global Investment Summit, being hosted by the Government of Odisha, aims to position the state as the anchor of the Purvodaya vision as well as a leading investment destination and industrial hub in India. (ANI)