Investors may be offered 50% rebate on land cost besides other sops

Odisha, which is looking to diversify its investment basket beyond core metallurgical industries, has readied the draft of its proposed auto component policy to woo investors in the sector. With such policy already in vogue in peer states like Gujarat, Tamil Nadu, Rajasthan, Haryana and Karnataka, the Odisha government does not wish to miss out on the huge potential offered by the buoyant auto component sector.