Microsoft, Oracle, Paypal & other US Companies show interest for investing in Odisha


By MYBRANDBOOK


Microsoft, Oracle, Paypal & other US Companies show interest for investing in Odisha

As per officials, several US companies have expressed their interest for investment in Odisha. The perspective investors interacted with Chief Secretary Asit Tripathy and other senior officers of the state under the leadership of Dr Mukesh Aghi, President and CEO of US-India Strategic Partnership Forum (USISPF).

 

The investors were from various sectors like energy, agri-business, nutrition, aviation, information technology, metals and renewable energy. The leading industries which have shown interest in the interaction included ATC, Avaada Energy, Carirn Energy, Cisco, Exxon Mobil, Herbalife, HP, Mars, Microsoft, Oracle and Paypal.

 

Asit Tripathy has said replying to the queries of perspective investors,"Many of our industrial estates are now in the green zone. As of now, around 60% of the industries are now running by virtue of adopting the COVID preventive measures."

 

He said the state has followed policy consistency in matters of industrial promotion and now the state is on the verge of rolling out more progressive regulations in matters of land leasing, contract farming, direct farmer-market connect that will open new avenues of investment.

 

Industries secretary Hemant Sharma said Odisha is a pioneer state in having a stabilised single window clearance system for investment proposals. The state has been among top-five lead states in ease of doing business.

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