Tata Steel Special Economic Zone Limited (TSSEZ), a 100 per cent subsidiary of Tata Steel Ltd, participated in the 19th China International Fair for Investment and Trade (CIFIT) to bring investment to its SEZ at Gopalpur in Odisha.
Considered as one of the largest international trade fairs of the world for facilitating investment and trade, CIFIT witnessed participation of companies from more than 50 countries, a Tata Steel release said today.
The fair was held at Xiamen in China from September 8 to 11, 2015.
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Arun Misra, VP , Project Gopalpur, Tata Steel and Managing Director, TSSEZ said, the SEZ is looking for investments in defence, aerospace, basic metals, light fabrication, electrical and electronic component manufacturing, logistics in primary industries, 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 the state government in place, Tata Steel SEZ at Gopalpur provides an ideal destination for investment, he added.
Some of the representatives from Chinese business community, other dignitaries, exhibitors at the event and investors explored possibilities of investment in the SEZ and had preliminary discussion with Misra in this regard, the release added.