Odisha News Insight

Odisha Investors Meet: Poseidon Aquatech plans to invest Rs 100 crore

Odisha Investors Meet-Poseidon Aquatech The two-day Investors Meet in Bengaluru , organised by the Government of Odisha, has shown a great sign towards the state government’s “Start up Policy” as the key investors are showing interest to invest in the state of Odisha in various sectors including manufacturing sectors.

The event which began on August 25 would end today. Given Below are the highlights of the first day:

Chennai-based NLC India Ltd unveiled its Rs 25,000 crore investment plans for Odisha.

BEL (Bharat Electronics Ltd) is keen to invest Rs 2,000 crore  in solar plant.

According to sources, Colorline plans to invest Rs 20 crore in setting up an apparel manufacturing facility in Odisha whereas Poseidon Aquatech plans to invest Rs 100 crore to undertake Shrimp farming & processing in the State.

Likewise, Wipro GE Healthcare proposed multiple projects and HP Future Cities shows intent to provide technology services in various sectors of the State.

Indo-Nissin shows intent to invest additional Rs. 50 crore to expand the existing facility by next year.

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