Bhubaneswar: After prime minister Narendra Modi bagging Japanese finance for Bullet Train project, Team Odisha is set to visit Tokyo in October 2017 to attract investment to the state.

Sources in the government said that a high-level delegation comprising of government officials and industry captains would visit Japan sometime in the last week of October to convince Japanese investors to look at the opportunities in Odisha.

As a prelude to the October visit, a delegation comprising industry minister Niranjan Pujhari and Industries principal secretary Sanjeev Chopra, Thursday called on executives of Japanese companies already invested in the country. The Team Odisha, at a meeting held in the Japanese Embassy at New Delhi, gave a presentation about the investment opportunities  in the state.

The Team Odisha told the Japanese executives that the master planning of National Investment and Manufacturing Zone(NIMZ) at Kalinganagar in Jajpur district, Dhamra Port-based industrial region at Dhamra in Bhadrak district, and Infovalley IT Park has been completed while that of Petroleum, Chemical and Petrochemical Investment Region(PCPIR) at Paradip in Jagatsinghpur district is under way and will be wrapped up in the next 3-4 months.  Other projects such as plastic park at Paradip, electronics manufacturing cluster at Infovalley and aluminium park in Angul are ready for investments, said the Team Odisha.


Japanese company Nissin Foods Holdings’ Indian arm  Indo Nissin Foods Private Ltd, which has a noodles making unit in Odisha, is proposing to ramp up its capacity by investing Rs 50 crore.