Orissa

  • Orissa has emerged as a key state for mineral and metal based industries. The state leads in iron, steel, ferroalloy and aluminum production and has a strong base for coal based power generation. Orissa has a well-developed social, physical and industrial infrastructure, and the state government has undertaken several infrastructural projects to further promote overall development. The state's infrastructure includes well-connected road and rail networks, airports, ports, power, and telecom.
Capital | Population Bhubaneswar | 43.73 million
State GDP & Growth Rate - GDP State GDP is around US$ 3640.23million and the growth rate is approx. 12.90%.
Per capita income The per capita income ranges from US $ 900 to 1000.
Political Scenario The State Government of Orissa is the supreme governing authority of the state. Biju Janata Dal (BJD) has been the ruling party since 2000.
Key Sectors / Industries Iron, steel, ferroalloy, aluminum, handloom, mining, IT and ITeS, electronics and tourism.
Emerging markets / opportunities
  • - Automobile Industry
  • - Mineral-based Industries
  • - Tourism
  • - Automobile Industry
  • - Agriculture
  • - Handicrafts and Handlooms
Business Scenario /Government Initiatives
  • A bio pharma IT park is being established under the public private partnership (PPP) model over a land area of 64.68 acres. A mega food park is being established over 282 acres through the PPP mode. IDCO is the nodal agency for the establishment of this park. The state government had signed memoranda of understanding (MoUs) with 94 reputed investors across sectors for investments of around US$ 85 billion to set up industries in various sectors, such as steel, aluminum and cement. The Annual State Plan ceiling for the sector's development has been set at US$ 4.2 million. To strengthen the artisan-based enterprises in the handicrafts sector, 19 handicraft training centres are functioning in different districts.
  • Orissa is known for its rich cultural heritage. It is also endowed with plentiful mineral and natural resources, which has helped the state to build a strong industrial base.
  • Orissa houses a large number of small- and medium-scale industries from both the public and private sector. The Rourkela Steel plant is one of the prominent public sector industries in Orissa. The state is known as “the soul of India”.
  • The state boasts of vast reservoirs of natural resources, such as chromite, bauxite, graphite, iron ore, manganese ore, and so on.
  • The state could be a perfect place for investing in sectors, such as Automobile Industry, Agro-based, Biotechnology, Mineral-based Industries, and Handicrafts and Hand looms sectors.
  • Because the state has a rich bioresource base, it offers several opportunities for investment in the Biotechnology sector particularly in fields such as biofertilizers and biopesticides.
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