Federation of Indian Chambers of Commerce and Industry: Odisha Launches Vision 2025 of Universal Healthcare at 'Make in Odisha' Conclave 2018 - Insurance News | InsuranceNewsNet

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November 13, 2018 Newswires
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Federation of Indian Chambers of Commerce and Industry: Odisha Launches Vision 2025 of Universal Healthcare at ‘Make in Odisha’ Conclave 2018

Targeted News Service (Press Releases)

BHUBANESWAR, India, Nov. 13 -- The Federation of Indian Chambers of Commerce and Industry issued the following news release:

'Make in Odisha' Conclave 2018, the flagship biennial global investors' meet of the State aims to establish the State as the preferred destination in India for the development of healthcare and textiles sectors. The conclave organized engaging sessions on healthcare and textiles sectors with a view to projecting the investment possibilities in the state. The Federation of Indian Chambers of Commerce and Industry (FICCI) is the industry partner for the five-day 'Make In Odisha Conclave'.

The theme of the seminar on healthcare was 'Universal Healthcare in Odisha - Each Life Matters', under which the first session presented the State Government???s perspective on healthcare in Odisha. This included deliberations on the status of healthcare in Odisha in terms of the achievements and opportunities in addition to the benefits for participation in the newly-launched healthcare schemes of the Government. On this occasion, the document outlining Vision 2025 was launched which envisages universal healthcare in Odisha.

The second session was on universal healthcare in Odisha and the opportunities it provided for private investments. Industrial leaders in the healthcare industry shared their experience in Odisha and role of private sector in the healthcare agenda of the State.

After successful partnerships Narayana Hrudalaya, L V Prasad Eye Institute, Care Hospitals, Ziqitza Healthcare Ltd., Glocal Healthcare, Tata Trust and CDAC, are providing specialized healthcare services in various formats. The State Government is keen to partner with private players to fulfil the unmet demand in the healthcare sector.

The key speakers who attended the healthcare sessions included Dr Alok Roy, Co-Chair - FICCI Health Services & Chairman, Medica Group of Hospitals, Dr Harish Krishnaswamy, Chief Operating Officer, Tata Trusts, Dr B R Shetty, Chairman, B R Life, UAE and Dr Taraprasad Das, Vice Chair, LV Prasad Eye Institute among others.

Speaking at the session, Mr Pratap Jena, Minister for Health and Family Welfare, Government of Odisha said, "The State Government has embarked on a journey to provide affordable healthcare to all and is committed to the growth of the healthcare infrastructure in the priority districts of the State. The Government assures investors unmatched facilitation support to set up hospitals in Public Private Partnership (PPP) mode by means of providing unencumbered land at competitive prices and viability gap funding during the crucial initial years of operations in addition to the multiple other benefits in the State???s Healthcare Investment Promotion Policy 2016."

"Odisha provides tremendous untapped opportunities for private investments in healthcare. The 25 locations where affordable hospitals are proposed to be set up by the State Government collectively entail investments worth Rs. 1,300 crore which would, in turn, create 2,900 new hospital beds. This will be the single largest PPP initiative in the health sector in India and will create a model for increased expansion of healthcare into the smaller towns of India in the next few years. This is likely to create over 10,000 new high-paying and highly-skilled jobs in the health sector of Odisha," Mr Jena added.

The Health & Family Welfare Department has launched various schemes, projects, generating opportunities for stakeholders in the entire value chain including healthcare operators, OEMs, medical consumables suppliers, investors, lending institutions, infrastructure developers, etc. which shall be showcased during the session.

The prospects for partnership and investment discussed during the session include:

* Affordable Healthcare Project - developing & managing secondary care hospitals at 25 locations totalling to a capacity of 2900 beds with an approximate investment of Rs 1300 Crores.

* Cancer Care Project at Jharsuguda - Operation and management of a 100 bedded cancer care facility at Jharsuguda.

* Cashless healthcare services - Partnering with the State to provide cashless healthcare services under the Biju Swasthya Kalyan Yojana (BSKY) to government insured patients.

* Investment in pharmaceutical industry - Setting up of industrial units for manufacturing of drugs & consumables, equipment-instrument-furniture etc.

Textiles is one of the focus sectors for the State. During the Conclave, a session on ' Odisha a Hub for Value Added Textiles' was organized to showcase potential of the State in Textiles manufacturing and to explore investment opportunities by the Department of Handlooms, Textiles and Handicrafts.

The key speakers who attended the session included Mr H.K.L.Magu, Chairman, AEPC who shared his perspective on the opportunities for apparel industries in Odisha. Mr Rajinder Gupta, Chairman, Trident Group shared his views on the opportunities for made-up textiles manufacturing in Odisha. Mr Sanjay Kumar Jain, Chairman, CITI offered presented his perspective on the value addition in in textiles industry and the opportunities Odisha provides to investors in this regard. Mr Sunil Shewakramani, Country Head, Li & Fung shared his thoughts on the sourcing sector in textiles.

Mr Shishir Jaipuria, Chairman, FICCI Textiles Committee spoke about the opportunities for technical textiles in Odisha. The attendees for this session comprised garment manufacturers, technical textiles manufacturers, made-ups manufacturers, buying houses, policymakers and industry associations.

Speaking about the abundant opportunities in the state, Ms Snehangini Chhuria, Minister of Handlooms, Textiles & Handicrafts, Government of Odisha, said, "Odisha has a long history of textile industry. The handlooms of Odisha have gained worldwide acclaim and reputation for design and quality. Various designs have existed in Odisha such as Sambalpuri, Bomkei and Berhampuri. Odisha is also famous for its Ikat type of weaving. Odisha provides competitive cost of doing business, abundant skilled manpower, land and power which are required for successful establishment and operation of textiles units. Given the employment intensive nature of textiles manufacturing with significant portion of women workers, the State Government has accorded the sector top priority."

The State is planning to setup two textile parks to encourage investments in these regions. These are integrated textile parks with common facilities and infrastructure to support the entire value chain in the sector. With abundance of cotton, the parks will have regular supply of raw materials.

The State also proposes to set up cotton processing, spinning and weaving, textile and garment plants for investment across State. The State has also created provisions for setup of technical textiles manufacturing, made from synthetic fibers for industrial uses, at the PCPIR in Paradip. "The Industrial Policy Resolution (IPR) identifies textiles as a priority sector and provides many incentives for the investing units including technical textiles. Our state already has leading companies in the textiles sector such as Shahi Exports, Aditya Birla Fashion and Kitex Garments which have invested or committed to invest in the State. I invite all national and international investors to take advantage of the endless opportunities in the State, she added.

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