The Government of north eastern Indian state of Odisha has concluded a high-impact three-day investment outreach in the UAE with proposed investments of $25.44 billion (₹2.43 trillion) and employment potential of 618,725, as the state intensified its global pitch for capital, technology, manufacturing partnerships and access to international markets.
Abu Dhabi-based International Holding Company (IHC) and India’s Adani Group have signed a memorandum of understanding (MoU) with the Government of Odisha for 14 projects covering trade and the development of a port, with an investment outlay of $22 billion (IN₹2,10,500 crore).
International Resources Holding (IRH), the Abu Dhabi-based natural resources investment platform and an IHC Group company, and Adani Enterprises Limited (AEL), the flagship company of the Adani Group, on Thursday signed an MoU with India's Government of Odisha to develop an integrated greenfield aluminium project.
