A week ahead of the Make in Odisha conclave, the state cabinet on Tuesday cleared eight policies to attract investments in sectors like renewable energy, tourism, food-processing, pharmaceutical, bio-technology, apparel and handloom sectors.
“The objective of the policies is to offer investment opportunities to investors participating in the Make in Odisha conclave. The policies will be printed and disseminated in public so that investors can discuss about the scope of investments in different sectors with the state government during the conclave,” chief secretary A P Padhi said while addressing the media after the cabinet meeting. The conclave, the largest investment meet in the state so far, will be held from November 30 to December 2.
While some of the existing policies were revamped with lucrative incentives, the cabinet led by chief minister Naveen Patnaik also approved some new ones like the Odisha Apparel Policy, Odisha Renewable Energy policy and Odisha Pharmaceutical Policy.
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