In order to attract investment to its Special Economic Zone at Gopalpur in Ganjam district of Odisha, Tata Steel Special Economic Zone Limited (TSSEZ), a 100 % subsidiary of Tata Steel Limited, participated in the 19th China International Fair for Investment and Trade (CIFIT) held at Xiamen, China.
Considered as one of the largest international trade fair of the world for facilitating investment and trade, CIFIT was held from 8September to 11 September.
It witnessed participation of hundreds of companies from more than 50 countries in the world and with around one lakh visitors including investors, CEOs, government representatives, senior corporate executives, etc. who also participated in deliberations held during the exhibition.
As part of Make in India pavilion at the exhibition coordinated and presented by premier industry body of the country FICCI, TSSEZ had put up a stall at the fair along with other state governments and private companies of India including Government of Odisha.
While giving a presentation in Make in India seminar organised on the side line of the exhibition, Arun Misra, Vice President, Project Gopalpur, Tata Steel and Managing Director, Tata Steel Special Economic Zone Limited said, the SEZ is looking for investments in Defence, Aerospace, Basic Metals, Light Fabrication, Electrical and Electronic component manufacturing, Logistics in primary and Pharma, Textiles, Chemicals in secondary industries.
With anchor investment by Tata Steel in the 55,000 TPA high carbon Ferro-Chrome plant and availability of required infrastructure like water, electricity, road, rail, port and other social infrastructure and new SEZ policy of state government in place, Tata Steel SEZ at Gopalpur in Odisha provides an ideal destination for investment, he added.