Chief Minister Naveen Patnaik inaugurates SMS industry at Khurdha

tn_27-11-2014=1Bhubaneswar: Odisha Chief Minister Naveen Patnaik inaugurates SMS industry at Khurdha . Inaugurating the German based SMS unit at Khurda, the Chief Minister Shri Naveen Patnaik said, “This unit, set up with an investment of Rs. 240 crore, makes it the most important German investment in Eastern India. This new plant will produce high-tech equipments for steel plants in India and other countries. The fact that SMS Germany has chosen Odisha to establish one of their state-of-the-art manufacturing facilities is another testimony to the attractiveness of Odisha for doing business.
Odisha offers great opportunities for manufacturing sector, especially to those that can support very large industries that are coming up in the core sector. Setting up ancillary units and value addition being the prime driver of our state’s endeavor to expand industrial growth, the state government whole heartedly welcomes entrepreneurs who can support our vision.”
Odisha has led in mineral processing during the last decade, and we have seen phenomenal growth in primary metal making, power generation, and infrastructure capacity augmentation in the state. I am glad to state that the initiatives taken by my government over the last one and half decades have resulted in significant growth in industrialization, creation of employment opportunities and local entrepreneurship. Now, we are focused on creating an environment to build capacities for further value addition, thereby creating more employment opportunities for our youth.
We are building new Industrial parks, developing Industrial corridors and planning large Investment Regions. I am confident that sector specific and Industrial Parks like Angul Aluminum Park, Paradeep Plastics Park, Khurda Food Park , Sea Food Park , Info-valley , ESDM park etc. will be able to attract similar investments.
I congratulate SMS India for having reposed it’s faith in the industrial eco-system of Odisha. I am pleased to know that this project will create direct employment opportunities for about 250 highly skilled engineers and indirectly to another 150 skilled workers in such an advanced industrial establishment. I am confident that this project will act as a catalyst for investments from other global corporations in Odisha.”
The function was attended by Minister, Industries, School & Mass Education, Shri Debi Prasad Mishra; Consul General, Federal Republic of Germany, Mr. Rainer Schmiedchen; Chief Secretary, Shri Gokul Chandra Pati; Secretary of Industries Department, Shri.Vishal Dev; and Chairman of SMS Group, Germany, Dr Heinrich Weiss

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OdishaInc Bureau