‘Odisha 3rd in attracting investment’

The Pioneer, Sept 12, 2010
PNS | Bhubaneswar

Gujarat has emerged as a leader among top five States which are Maharashtra, Odisha, Andhra Pradesh and Karnataka, in becoming a preferred investment destination for 20 States as on March 31, 2010, according to a study undertaken by ASSOCHAM.

While releasing the study, Chamber secretary general DS Rawat said, Odisha has attracted investments of `98,5929 crore. However, Odisha gave least priority to investing in irrigation development.

Mining has got the highest shares in live investments in the States. Odisha, of total proposals worth `9,85,929 crore, attracted 42.3 per cent in electricity, 34.0 per cent in manufacturing, 7.3 per cent in services, 0.3 per cent in real estate, 0.5 per cent in irrigation and 15.5 per cent in mining.