GIREM - The Emerging City - Bhubaneswar


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The Sixth GIREM Leadership will be held on 24th & 25th Oct; Venue – Radisson Blue Plaza, Delhi.

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GIREM - The Emerging City - Bhubaneswar

  1. 1. GIREM (Global Initiative for Restructuring Environment and Management) GIREM is an industry body, registered under the Karnataka Society Act of 1960.
  2. 2. About GIREM It is a non-government, not-for- profit, industry-led and industry- managed association. GIREM will play a proactive role in improving infrastructural issues that many businesses are grappling with on a day to day basis. It as a collective body. It will be the voice of the industry and will work with local government and supervisory agencies in the areas of infrastructure planning, sustainable growth and development. GIREM will partner with the Industry, Government and Government Agencies through advisory, consultative and participatory processes.
  3. 3. What is Sixth GIREM Leadership Summit? The Sixth GIREM Leadership will be held on 24th & 25th Oct; Venue – Radisson Blue Plaza, Delhi. The program is supported by the Ministry of Urban Development, Government of India. The 2013 summit will provide insights into the changing economic scenario and market behaviours which are poised to show an upward trend post the downturn and recession effects.
  4. 4. GIREM invites the city administration/planners of Emerging Cities The Emerging business destination track is to attract 4 major cities, which are: • Bhubaneswar - Land of Opportunities • Kochi – Reinventing Business • Indore – Waiting to be Unlocked • Jaipur - Untapped potential This invitation is to carry on a thorough pitch to the audience on policies, incentives, and initiatives taken to attract investments and create jobs.
  5. 5. Bhubaneswar Land of Opportunities
  6. 6. Why GIREM is interested in Bhubaneswar? • Bhubaneswar - the capital of Odisha, has emerged as a fast-growing, important trading and commercial hub in the state and eastern India. • As on 2011, city's population was 8, 37, 737 which is expected to grow to 1.3 million by 2021 and to 1.8 - 2 million by 2031. • An emerging education and IT hub of India. • It has quality talent pool across various disciplines and specializations. • It has various mining and metal production industries. • Primary sector activities such as agriculture, mining and metal production are the key economic drivers • Lowest electricity costs in the country • Suitable for industries such as IT/ITEs, engineering and R&D. • It is a major tourist hub and handicrafts export destination.
  7. 7. Infrastructure Development The Biju Patnaik airport is set to be upgraded to an international airport The Biju Patnaik airport here will generate 100 KW electricity from solar power plant to meet the daily electricity requirements. A new 784 acres Knowledge City is going to come up near the city comprising of an SEZ, residential, commercial areas and business zones Planned Bus Rapid Transit System
  8. 8. Factors leading towards the opportunity • Bhubaneswar is soon going to have a Ring Road connecting major arterial roads and the national highways passing through the city. • As the city's vehicular population currently is more than 6.5 lakhs, 72% of it is two- wheeler alone, the proposed 45-km-long and 200-foot-wide ring road will solve the city's traffic woos. • Bhubaneswar with Cuttack would form a metropolitan twin city by unlocking 15 KM land stretch between Cuttack and Bhubaneswar. • The Central Government is keen on fast tracking the Biju Patnaik International Airport - Infra Project, which is under PPP model and has been struck for a long time now due to various reasons. This airport will connect the city to various Southeast Asian & the Middle east countries and other international cities. • The city has 4 IT SEZs, approved by the Government of India, namely Info City, Knowledge City, Info Park & IDCO-Genpact BPO Complex. • The government has fostered growth by developing IT Parks such as Infocity-1, Infocity-2, STPI-Bhubaneswar and JSS STP, which would further attract investments from major IT companies. • It offers electricity at lowest costs in the country, which would be beneficial for various industries being sets up.
  9. 9. Let’s plan a Bright Future