THEBUSINESSBYTES BUREAU

BHUBANESWAR, MAY 29, 2026

 “Achieving the vision of Samrudha Odisha and Viksit Bharat by 2036 and 2047 will require MSMEs to grow alongside large industries,” said Sampad Chandra Swain, Minister, Department of Industries, Skill Development & Technical Education, Government of Odisha, while addressing the CII MSME Connect Series 2026: Expanding Business Horizon held in Bhubaneswar on Friday.

Organised by the Confederation of Indian Industry (CII) Odisha, the conference brought together senior government officials, industry leaders and MSMEs on a common platform to strengthen industrial collaboration and create new business opportunities for Odisha’s MSME sector.

Addressing the gathering as the Chief Guest, Minister Swain emphasized the need for stronger coordination between MSMEs and anchor industries to ensure inclusive industrial growth in the state. Stressing the importance of industrial area mapping, he said identifying MSME opportunities around large industries would play a crucial role in accelerating entrepreneurship and local economic development.

Highlighting Odisha’s growing industrial prominence, the Minister stated that Odisha has emerged as the second-highest investment destination in the country after Andhra Pradesh under the Utkarsh Odisha initiative. He noted that the state is witnessing rapid industrial expansion and MSMEs must prepare themselves to leverage the emerging opportunities across sectors.

Rashmita Panda, Commissioner-cum-Secretary, Department of Micro, Small, and Medium Enterprises, Government of Odisha, highlighted the growing strength of Odisha’s MSME ecosystem and informed that the state now has more than 14 lakh MSMEs registered under Udyam. She emphasized the importance of vendor development, stronger industry connect and ease of doing business for sustainable MSME growth.

She further stated that the Government is focusing on key sectors such as food processing, mineral & metal and textiles to strengthen the state’s industrial ecosystem and generate more employment opportunities.

Delivering the opening remarks, Anil Kumar Singh, Chairman, CII Odisha State Council, highlighted the significant contribution of MSMEs towards employment generation and economic growth in Odisha. He stressed the need for MSMEs to enhance their capabilities and competitiveness to effectively leverage the upcoming industrial investments in the state.

Manikanta Naik, Vice Chairman, CII Odisha State Council, underlined the importance of collaboration between large industries and MSMEs to bridge the industrial growth gap. He encouraged enterprises to actively engage with industries and explore new avenues for business expansion.

Sharing his views during the conference, Dr Pradipta Mohanty, Past Chairman, CII Odisha State Council, stressed the need for focused development of MSMEs in sectors such as textiles, food processing and agriculture. He also emphasized the importance of affordable infrastructure and technology adoption for strengthening the MSME sector.

Sanjay Pattnaik, Past Chairman, CII Odisha State Council, highlighted key challenges faced by MSMEs, including issues related to land availability, finance, digital transformation, sustainability and risk management. He stressed the need for policy support and collaborative efforts to help MSMEs overcome these challenges and become globally competitive.

The conference also provided a significant networking and business interaction platform for MSMEs, enabling them to directly engage with leading industries including Vedanta Ltd, Jindal Stainless Ltd, HINDALCO Industries Ltd, JSW Steel Ltd, IFFCO, Talcher Fertilizers Ltd, Calderys India Refractories Ltd, NALCO Ltd, L&T, TPCODL and Shri Mahavir Ferro Alloys.

More than 200 MSMEs participated in the conference, reflecting the growing enthusiasm among enterprises to explore partnerships, strengthen supply chain linkages and expand business opportunities amid Odisha’s rapidly evolving industrial landscape.