Bhubaneswar: Odisha has a very strong ecosystem for entrepreneurs to start their journey on any scale, be it medium or mega scale, CII State Council Chairman Sashi Sekhar Mohanty said.
Speaking at a conference on ‘Odisha: A land of opportunities for MSMEs, Entrepreneurs, IT and Industries’ organised by CII Odisha State Council, Mohanty described Odisha as a land of opportunity for start-ups.
He said “There are more than 1500 start-ups in the state and the target is to set up 5000 start-ups by 2025.
With the available ecosystem entrepreneurs can start their journey on a big scale also, he said.
Deputy Chairman of CII Eastern region Shiv Siddharth Kaul said states like Odisha need a thriving MSME base as much as big industrial houses. MSMEs cannot thrive without a market and it is the duty of big industries to connect them with various regions.
He urged all big industrial houses to ease the entry barrier for new MSMEs and set some quota like 5-10 per cent to buy from them.
MD of Javastra Technologies J B Pany emphasises the need for a robust logistic infrastructure to reduce transportation costs and emphasises the development of waterways.
President-Strategy and Business Development, Vedanta Limited Dr Tapan Kumar Chand said mother industries need to handhold, support and provide mentoring support to create a conducive atmosphere for the development of MSME.
UNI