Utkarsh Odisha Conclave 2025: PM Modi promises profitable returns for investors in Odisha

“Odisha offers boundless opportunities for investors,” asserts Modi

By Prasan Kumar Paikaray/ Sukanta Kumar Mohanty
Bhubaneswar, January 28: In an inspiring display of optimism and foresight, Prime Minister Narendra Modi delivered a powerful speech at the launch of the Utkarsh Odisha-Make in Odisha Conclave 2025, held at Janata Maidan in Bhubaneswar on Tuesday. Modi declared that Odisha, a state rich in history and brimming with potential, is on the verge of becoming a key player in India’s future economic growth.

“Odisha offers limitless opportunities for investors,” Modi stated, highlighting the state’s increasing prominence in industries such as Information Technology, chemicals, petrochemicals, tourism, textiles, and manufacturing. Reflecting on Odisha’s historic maritime trade and manufacturing traditions, the Prime Minister emphasized how this legacy is now driving the state towards a prosperous industrial future.

Under the visionary leadership of Chief Minister Mohan Charan Majhi, these global trade connections are being rejuvenated, fortifying Odisha’s place on the world business map, the PM noted.

“Odisha is on the brink of extraordinary success,” Modi continued, expressing confidence that the state’s growing industrial landscape would soon become a model for development unmatched by any other region in India.

Assuring investors of lucrative returns, the Prime Minister personally guaranteed the success of investments in Odisha. “To all those considering investment in Odisha, I guarantee your investment will bear significant returns. This is Modi ka guarantee (This is Modi’s promise),” he declared, earning enthusiastic applause from the more than 5,000 investors and business leaders in attendance.

Modi also underlined Odisha’s strategic importance in India’s economic future, referencing his frequent visits to the state—around 30 since taking office. He highlighted how Odisha’s industrial growth is crucial to India’s goal of becoming the world’s third-largest economy, with the state’s people and industrial capabilities driving it to become one of the nation’s fastest-growing regions.

The Prime Minister urged investors to support the growth of Micro, Small, and Medium Enterprises (MSMEs), youth-led startups, and innovative initiatives within Odisha, assuring them that the central government would offer comprehensive support to nurture a thriving business ecosystem.

Also present at the inauguration were Chief Minister Mohan Charan Majhi, Union Ministers Dharmendra Pradhan and Ashwini Vaishnaw, along with other distinguished leaders. Odisha aims to attract investments exceeding Rs 5 lakh crore, anticipating the creation of around 3.5 lakh jobs in the coming years. During the two-day conclave, the state is set to sign over 100 Memoranda of Understanding (MoUs) with investors, marking a new phase in its economic evolution.

The conclave is drawing more than 7,500 delegates from India and 12 other countries, with the event already being hailed as a milestone in Odisha’s growth journey. Prominent business leaders such as Kumar Mangalam Birla (Aditya Birla Group), Anil Agarwal (Vedanta Group), Sajjan Jindal (JSW), Naveen Jindal (Jindal Steel), and TV Narendran (Tata Steel) are in attendance, underscoring global interest in Odisha’s economic potential.

With strong backing from both the state and central governments, Odisha is poised to emerge as one of India’s top investment destinations. The Utkarsha Odisha Conclave 2025 is setting the stage for remarkable economic progress in the region.

Photograph: Prime Minister addressing the Utkarsha Odisha-Make in Odisha Conclave 2025 at Janata Maidan, Bhubaneswar on Tuesday.