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Japanese delegation discusses potential partnerships with Odisha Govt on steel, chemical and other industries



A Japanese delegation, led by Japan’s Ambassador to India Satoshi Suzuki, today held discussion with the Odisha Government to explore various partnership opportunities in the State.

The Japan investment seminar was addressed by Odisha’s Industries Minister Dibya Sankar Mishra, Chief Secretary Suresh Mohapatra and senior officials from the various departments of the State Government.

Addressing the seminar, Japan’s Ambassador to India, Satoshi Suzuki appreciated Odisha’s efforts in attracting investments from foreign countries including Japanese companies. He also praised the GO-SWIFT portal that provides all the industrial information, incentives and various services with click of a mouse. He said that the number of Japanese companies in Odisha has been increased by 5 times in the last 10 years.

Minister Dibya Shankar Mishra thanked Japan for being the country partner in November 2018, when Odisha hosted the 2nd edition of Make in Odisha. “While we have a successful business relationship with Japanese firms and look forward to further strengthening it, our connection with Japan is not just commercial but civilizational,” said Mishra.

He urged the Japanese firms and investors to come to Odisha and explore the investment opportunities here; and promised that the team Odisha is ready to facilitate and handhold investors for their proposed investments.

Addressing the delegation, India’s Foreign Secretary Harsh Vardhan Shringla said,

“Japan is one of our largest development partners.” He shared the recent schemes and actions brought up by the Indian Government to boost industrial and economic growth. Lauding the good governance and the industrial infrastructure of Odisha, Shringla said Odisha has all the attributes for a conducive business environment.

Speaking about the business ecosystem of Odisha, Odisha’s Principal Secretary, Industries Hemant Sharma said, “We have natural advantage in mineral-based industries and have been able to attract investment to the tune of Rs 4 lakh crore in last two years. Now because of huge investment in infrastructure, ports, rail, roads, power and skill development, we are the preferred destination for diversified industries.” He also highlighted the industry-specific infrastructures and opportunities.

Joining the Ambassador to India Satoshi Suzuki, Union Foreign Secretary Harsh Vardhan Shringla, and top Japanese diplomats and representatives of Japanese companies in India such as Yoji Taguchi, Chairman & MD, Mitsubishi Corporation; Shusuke Suto, MD, Mitsubishi Heavy Industries India Pvt. Ltd; Tata Krosaki, Indo Nissin and JSW were also present in the seminar held on Industries and Investments.

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