Patnaik calls for collaborative efforts between the Government, industry and people
Odisha has established O-Hub and Odisha Innovation Fund to provide a world-class incubation and co-working facility to state-based Startups.
State Chief Minister Naveen Patnaik announced this at the Odisha Investors’ Meet on 28 Sept 2022. The meet was organized by the state in collaboration with FICCI.
“We have established Odisha Start-up Hub (O-Hub) in Bhubaneswar to provide a world-class incubation and co-working facility to state-based Startups,” he said.
“We have also set up the Odisha Youth Innovation Fund to support grassroots innovations, which are essentially technological solutions and the development of successful business models by youths in different sectors.”
Patnaik said, “Odisha is one of the fastest growing economies in India and has consistently grown above the national average in the last decade and a half.
“We are fast emerging as a major industrial destination in India because of our natural resource advantage and strategic location. Odisha’s abundant natural resources, skilled and productive human resources, progressive policies and strong result-oriented governance provide a unique ecosystem.
“Today, Odisha is ranked among the top states in India in terms of live manufacturing investments and has been accorded the achievers status in the recently released ease of doing business ratings by the Indian Government,” he said.
“As we enter into a new era of industrialization propelled by advancements in technology and a philosophy of sustainability, we require a collaborative effort between the Government, industry and people to ensure consistent growth,” the Chief Minister elaborated. fiinews.com
