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The Significance of Make in Odisha Conclave
The Make in Odisha Conclave has emerged as a cornerstone of the state’s industrial growth strategy, attracting investments and fostering economic development. Since its inception, this biennial event has successfully positioned Odisha as a hub for industrial expansion, generating substantial revenue and employment opportunities. With each edition, the conclave has drawn major investors across diverse sectors, significantly boosting the state’s economy. In 2023, the conclave garnered investment commitments exceeding ₹10 lakh crore, further reinforcing Odisha’s status as an attractive investment destination.
A Historic Initiative: Exclusive Industrial Park for Women Investors
In a landmark announcement at Utkarsh Odisha 2025, Chief Minister Mohan Charan Majhi declared the establishment of an exclusive industrial park dedicated to women investors. This initiative is a significant step towards promoting gender-inclusive industrialization, providing women entrepreneurs with dedicated facilities and support to scale their businesses. Additionally, the CM revealed plans for a special cell for women investors within the Odisha Industrial Infrastructure Development Corporation (IDCO), aimed at streamlining investment processes and ensuring ease of business operations.
Encouraging Women Entrepreneurship
The announcement was made during the Women’s Business Leaders Round Table on the second day of the conclave, where the CM engaged with prominent women entrepreneurs. Industry leaders from Odisha-based enterprises such as Ruchi Food Line, Milk Mantra, Luminous Power, Jivada Ventures, and Indulge Private Limited participated in discussions on enhancing women’s participation in business and industry.
Acknowledging the vital role of women in economic progress, CM Majhi stated, “Women have repeatedly proven their capability in various fields. From managing businesses to piloting fighter planes, they are breaking barriers. Our government is committed to supporting women entrepreneurs and fostering an environment where they can thrive.”
Government Support and Economic Prospects
To further bolster female entrepreneurship, the Odisha government has introduced an additional 10% subsidy under the Chief Minister’s Agricultural Enterprise Scheme for women-led businesses. This financial incentive aims to facilitate easier access to capital and markets for women entrepreneurs, reducing barriers to entry in traditionally male-dominated industries.
Furthermore, the state budget for women’s welfare has been significantly enhanced, with an outlay of over ₹75,000 crore. Among the key initiatives is the Subhadra Yojana, a scheme empowering women to launch small businesses. This initiative has played a crucial role in encouraging self-reliance among women, thereby contributing to the state’s economic diversification.
Driving Economic Growth and Social Equity
The establishment of the ‘Utkarsh Odisha’ industrial park is poised to serve as a catalyst for economic growth and social equity. By creating a business-friendly ecosystem specifically tailored for women entrepreneurs, the government aims to drive innovation, enhance employment opportunities, and strengthen Odisha’s industrial landscape.
The industrial park will feature state-of-the-art infrastructure, dedicated support services, and streamlined procedures to ensure a seamless experience for women-led enterprises. This move aligns with Odisha’s broader vision of fostering an inclusive and progressive industrial environment.
A Milestone for Odisha’s Industrial Future
The Make in Odisha Conclave continues to be a game-changer for the state, attracting substantial investments and laying the groundwork for a thriving industrial ecosystem. The announcement of an exclusive industrial park for women investors marks a significant step in ensuring equal opportunities and economic empowerment for women entrepreneurs.
As Odisha progresses towards becoming an industrial powerhouse, initiatives like these will play a crucial role in shaping a more inclusive and prosperous future. By prioritizing gender equality in business and industry, the state is not only fostering economic development but also reinforcing its commitment to social progress and women’s empowerment.
(With inputs from agencies)