The Business Bytes
TBB BUREAU
BHUBANESWAR, OCT 17, 2023
The Confederation of Indian Industry (CII) will organise the National Mining and Construction Equipment Summit, here on Thursday to deliberate on sustainable mining practices. The summit will bring together manufacturers of heavy equipment, mining companies including PSUs, PSEs, private mine operators, spares and component manufacturers, retailers and distributors, defence and government departments, downstream sectors and partner industries such as steel, cement etc.
Speaking at a press conference ahead of the summit here on Tuesday, Odisha Industries Department Principal Secretary Hemant Sharma highlighted the significant technological advancements in the mining sector and Odisha’s position as the second-largest state in terms of project constructions.
Sharma spoke about the summit’s objectives, which include promoting environment-friendly mining, exploring the need for new policies and government intervention, and discussing the need for skilled development training in the mining sector.
Thanking the Government for their support and identifying the sector as the thrust sector, CII Mining & Construction Equipment Division Chairman Vivek Bhatia stated that there are immense opportunities in Odisha; hence both national and international investors are keenly interested in the region. The state government, in collaboration with various stakeholders, has devised strategic plans to attract substantial investments and foster sustainable growth in the mining and metal sector, he added. Odisha aims to boost investor confidence and attract significant foreign direct investment (FDI) into the sector.
CII Odisha State Council Chairman Sashi Sekhar Mohanty spoke about the Odisha Government’s initiatives and promotional activities to showcase the State’s industrial ecosystem and attract investments in various sectors from different parts of the country and the world.
CII Odisha State Council Vice Chairman Pradipta Mohanty also spoke at the programme.
