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Industry experts call Odisha land of opportunity for Start-ups

CII Odisha State Council

CII Odisha State Council

Bhubaneswar: New Chairman of CII Odisha State Council Shri Sashi Sekhar Mohanty calls Odisha a land of opportunity for start-ups. He said that the state has a very strong ecosystem for entrepreneurs to start their journey on any scale, be it medium or mega scale.

Talking at the conference on ‘Odisha: A land of opportunities for MSMEs, Entrepreneurs, IT and Industries’ organised by CII Odisha State Council at Bhubaneswar Wednesday, He said, “There are more than 1500 start-ups in the state and the main objective is to set up 5000 start-ups by 2025. With the available ecosystem, entrepreneurs can start their journey on a big scale also. Odisha is a major state in India in IT business. It truly defines the future destination for the IT industry among tier-2 cities. IT policy of the state enables atmosphere where IT companies can nurture them and create new employment opportunities.”

Deputy Chairman of CII Eastern region Shiv Siddharth Kaul calls MSMEs the backbone of any economy and opined that State like Odisha needs a thriving MSME base as much as big industrial houses. MSMEs cannot thrive without a market and it is the duty of big industries to connect them with various regions. The challenge is it requires a friendly environment to thrive both. He urged all big industrial houses to ease the entry barrier for new MSMEs and set some quotas like 5-10% to buy from them.

MD of Javastra Technologies J B Pany emphasises the need for a robust logistic infrastructure to reduce the cost of transportation. He said that huge opportunities lie in an inland waterway. We need to develop them by dredging rivers some meter which will help industries and also to open new economic avenues for nearby areas.

Dr. Tapan Kumar Chand, President-Strategy and Business Development, Vedanta Limited said that “MSMEs of Odisha have huge opportunities to grow further. To achieve the said objective mother industries need to handhold, support, and provide mentoring support to them. We need to create a conducive atmosphere for their development.

On this occasion, dignitaries have presented Industry Carnival Awards for CII Odisha 2022-23. Roadshow on Logi connect Exhibition and Conference was also inaugurated. Logi Connect Expo to be held at New Town Rajarhat, Kolkata, West Bengal. Companies involved in logistics, supply chain, transportation, shipping and port, material handling, warehousing and storage equipment, consultancy, and IT-related business can participate at the expo to showcase their products, services, and solutions.

Other dignitaries present at the occasion were Mr Priyadarshi Nanu Pani, President and CEO, CSM Technologies Pvt Ltd, Mr Vanka Sivaramkrishnam, AVP, Jindal Stainless Limited and Mr Sudhir Jaiswal, CEO, Enterprise System Solutions Pvt Ltd.

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