India's Look East Policy and Odisha's Strategic Importance

External Affairs Minister Dr. S Jaishankar emphasized Odisha's pivotal role in India's Look East Policy, highlighting the state's potential in Trade, Technology, and Tourism (3Ts). He presented a compelling case for investment in Odisha at the 18th annual Pravasi Bhartiya Divas (PBD).

Key Highlights

• Trade:
  • Odisha's historical significance in trade dates back to the 'Bali Yatra', which marked its connection to Southeast Asia.
  • The state's strategic location on the eastern seaboard offers substantial potential for expanding India's trade connections globally.
  • Resources in Odisha require investments, facilities, and connectivity to add value and boost trade.
• Technology:
  • In the digital era, technology is closely associated with trust and talent.
  • Odisha's young demographic and robust educational infrastructure present significant opportunities for technological collaboration.
• Tourism:
  • Odisha holds tremendous potential in tourism, a sector known for its employment generation and multiplier effect.
  • Investing in tourism in Odisha contributes to the state's development and inclusive growth.

Global Partnerships and Growth

The Minister emphasized the importance of global partnerships for India's growth, stressing that no country can grow in isolation. He highlighted the role of Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) in fostering such collaborations, which are crucial for resource supplementation, technology infusion, and the introduction of best practices to realize India's potential.