The conclave, taking place from January 28 to 29, will kick off with a grand reception at Bhubaneswar Airport, where PM Modi will be welcomed by Bharatiya Janata Party (BJP) leaders. Following the warm welcome, the Prime Minister will head to the event venue at Janata Maidan to officially launch the summit.

The Utkarsh Odisha conclave is designed to position the state as a central player in India’s industrial growth, in alignment with the Purvodaya Vision. The state’s ambition is to emerge as a leading investment hub and industrial powerhouse, benefiting from its rich resources and strategic location.

One of the key highlights of the event will be the inauguration of the Make in Odisha Exhibition, which will showcase the state’s accomplishments in creating a vibrant industrial ecosystem. This exhibition will provide a platform for interaction between industry leaders, investors, and policymakers, focusing on the opportunities for investment and collaboration in Odisha.

The conclave is expected to attract over 7,500 investors from across the globe. It will feature a range of activities including CEOs and Leaders’ Roundtables, sectoral discussions, B2B meetings, and policy dialogues. These sessions will focus on key sectors such as Information Technology (IT), renewable energy, textiles, chemicals, and food processing.

In addition to local participants, 12 countries—Australia, Malaysia, Japan, Germany, Poland, and Cuba among them—have been invited as “Countries of Focus.” These nations will explore potential investment opportunities in Odisha, further enhancing the global outreach of the conclave.

The Odisha government is targeting an impressive Rs 5 lakh crore in investments, with plans to sign 100 Memorandums of Understanding (MoUs) during the event. However, Industry Minister Sampad Chandra Swain has emphasized that the focus will not just be on MoUs but on ensuring the effective implementation of projects that can drive sustainable industrial growth.

Through the conclave, Odisha aims to accelerate its journey toward becoming a global industrial hub, working towards its vision of a “Samrudh Odisha” by 2036 and contributing to the goal of a “Viksit Bharat” (Developed India) by 2047. The Utkarsh Odisha conclave is poised to be a defining moment in the state’s industrial transformation, fostering opportunities for both domestic and international investments.

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Announcing the event on X (formerly Twitter), PM Modi highlighted its significance. “At 3 PM this afternoon, will inaugurate the Ashtalakshmi Mahotsav at Bharat Mandapam, Delhi. This programme celebrates the vibrant culture of the different states of the Northeast. The focus will also be on promoting investment and economic activities relating to the region, especially in areas like tourism, textiles, handicrafts and more,” he wrote.

The Prime Minister’s Office detailed that this festival, being celebrated for the first time, offers a unique platform to showcase the Northeast’s vast cultural heritage, including traditional arts, crafts, and cultural practices.

The Ashtalakshmi Mahotsav aims to spotlight Northeast India’s vibrant textile sector, tourism potential, traditional craftsmanship, and distinctive Geographical Indication (GI) tagged products. It also underscores the region’s strategic importance in India’s development trajectory.

The event has been conceptualized as an annual celebration to honor the region’s cultural richness and promote economic opportunities in key areas like traditional handicrafts, handlooms, agricultural products, and tourism. The festival will feature artisan exhibitions, Grameen haats, state-specific pavilions, and technical sessions to address critical development areas in the Northeast.

Key highlights include investor roundtables and buyer-seller meets to foster partnerships and boost economic growth. A Design Conclave and fashion shows will also showcase the Northeast’s rich handloom and handicraft traditions on the national stage.

In addition, the festival will host vibrant musical performances and showcase indigenous cuisines, further highlighting the region’s cultural heritage.

The Mahotsav emphasizes infrastructure development’s transformative role in the Northeast. Improved connectivity and ongoing advancements in transport, energy, and digital infrastructure are expected to elevate the region’s strategic significance in India’s growth story.

The Ashtalakshmi Mahotsav is set to be a vibrant annual celebration, aiming to propel the Northeast toward greater economic and cultural prominence.

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