PM Modi inaugurates 'Utkarsh Odisha' - Make in Odisha Conclave 2025 in Bhubaneswar

Underscoring that India was rapidly progressing towards becoming the world's third-largest economy, the Prime Minister said that the milestone of a five trillion-dollar economy was not far away. He added that over the past decade, India's strength in manufacturing had also become evident.

The Prime Minister highlighted that the expansion of India's economy rests on two major pillars: the innovative service sector and quality products. He emphasized that the country's rapid progress cannot rely solely on the export of raw materials and therefore, the entire ecosystem was being transformed with a new vision.

The Prime Minister mentioned that India was changing the trend of extracting minerals and sending them abroad for product manufacturing and value addition, only to have those products return to India. Similarly, he added that the trend of exporting seafood for processing in other countries was also being changed.

Modi stated that the Government was working to ensure that industries related to the resources in Odisha are established within the state. He highlighted that Utkarsh Odisha Conclave 2025 was a means to realize this vision.

Remarking that the world was increasingly focusing on sustainable lifestyles and moving towards a green future,  Modi noted that the potential for green jobs is also growing significantly.

He highlighted that India was focusing on green technology and a green future, including solar, wind, hydro, and green hydrogen, which will power the energy security of a developed India.

The Prime Minister mentioned that Odisha had immense potential in this regard and stated that the country had launched national-level Green Hydrogen and Solar Power Missions.

 Modi noted that significant policy decisions were being made to promote renewable energy industries in Odisha, and several steps were being taken for hydrogen energy production.

Prime Minister remarked that alongside green energy, initiatives were being taken to expand the petro and petrochemical sector in Odisha. He highlighted that dedicated industrial parks and investment regions were being developed in Paradip and Gopalpur, indicating significant investment potential in this sector.

Modi congratulated the Odisha government for making swift decisions and developing a new ecosystem, considering the potential of different regions in the state.

 Modi called on industries to support MSMEs and young startups, stressing the importance of research and innovation for growth. He added that theGovernment was creating a vibrant research ecosystem in the country, with a special fund and a package for internships and skill development.

He encouraged industries to actively participate and collaborate with the Government. Emphasising that a strong research ecosystem and a skilled young workforce will directly benefit the industry, Modi urged industry partners and the Odisha government to work together to build a modern ecosystem aligned with Odisha's aspirations, providing new opportunities for the youth. This, he said, will create more job opportunities within Odisha, leading to prosperity, strength, and progress for the state.

Modi described Odisha as a model of development and heritage and mentioned that G-20 cultural events were held in Odisha, and the Konark Sun Temple's wheel was made a part of the main event. He emphasized the need to explore Odisha's tourism potential, with its 500-kilometer coastline, over 33% forest cover, and endless possibilities for eco-tourism and adventure tourism. Prime Minister noted that India's focus was on "Wed in India" and "Heal in India," and Odisha's natural beauty and environment were very supportive of these initiatives.

“Odisha plays a significant role in building a developed India”, emphasized the Prime Minister. He highlighted that the people of Odisha have resolved to build a prosperous state, and the Union government was providing all possible support to achieve this goal.

He expressed his affection for Odisha, noting that he had visited the state nearly 30 times as Prime Minister and has been to most of its districts. He emphasized his trust in Odisha's potential and its people. Concluding his address, the Prime Minister expressed confidence that the investments made by all partners will elevate both their businesses and Odisha's progress to new heights. He extended his best wishes to everyone involved.

The Governor of Odisha, Dr. Hari Babu Kambhampati, Chief Minister of Odisha,  Mohan Charan Manjhi, Union Ministers Dharmendra Pradhan, Ashwini Vaishnaw were present among other dignitaries at the event.

Utkarsh Odisha – A two-day Make in Odisha Conclave 2025 is a flagship Global Investment Summit, being hosted by the Government of Odisha, which aims to position the state as the anchor of the Purvodaya vision as well as a leading investment destination and industrial hub in India.

Prime Minister also inaugurated the Make in Odisha Exhibition that highlights achievements of the state in developing a vibrant industrial ecosystem.