SMEpost

Foundation laid for electronics, jewellery manufacturing hubs in Odisha

Odisha Chief Minister Naveen Patnaik today laid the foundation stone of Electronics Manufacturing Cluster, Infovalley, Seafood Park and Gems and Jewellery Park to be set up in Twin Cities.

The electronics manufacturing cluster would come up at Janla under Jatni block with an investment opportunity of over Rs 1000 crore. The state government expects it to generate one lakh direct/indirect employment opportunities.

Notably, a special purpose vehicle (SPV) was set up with IDCO as the chief promoter for easy and fast implementation of the project.

The foundation stone for Seafood Park at Deras was also laid by the chief minister. The seafood processing unit cluster having investment potential of Rs 500 crore is likely to provide 3 lakh direct/indirect employment opportunities.

Besides, foundation stone was laid for Gems and Jewellery Park at Ramadaspur in Cuttack. The jewellery manufacturing hub has an investment potential of nearly Rs 700 crore and can generate 60, 000 direct/indirect employment opportunities.

The state government pins hopes that these parks would turn Make in Odisha into a reality and chart a new era in Odisha’s growth history.

Source: odishasuntimes