Invest in Odisha - Business Opportunities & FDI in Odisha

Chemicals, Plastics and Petrochemicals

Odisha is one of the four states in India where Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) has been set up with a refinery of 15 MMTPA of expected capacity at Paradip.

The chemicals and chemical products manufacturing contributed $544 mn to the state GVA in 2017-18.

Food Processing

Odisha is a leading producer of a variety of horticulture crops in India.

The state has a long coastline of 485 km and was recognized as the best marine fisheries state. The per-capita fish consumption in the state has increased from 7.71 kg in 2000 to 16.24 kg in 2019-20, and the fish production over the last 5 years grew with a CAGR of 11.87%.

Odisha has 10 agro-climatic zones and 8 major soil types favourable for the production of a variety of crops. To support these agro-based industries, the State government has established Mega Food Parks at Rayagada and Khurda and a sea food park at Deras.

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Ancillary & Downstream Industries in Metals

Odisha produced INR 49,505.66 crore worth of mineral resources in 2018-19. The state has 99.99% of India’s chromite deposits, 51% of iron ore deposits and 39% of bauxite deposits.

The state has the presence of several investment regions such as Kalinganagar National Investment and Manufacturing Zone and Downstream Aluminum Park at Angul set up by the state government along with private regions such as Gopalpur Industrial Park set up in 1,200 ha area by Tata Steel, with 500 ha of multiproduct SEZ.

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Tourism

Tourism sector contributes 13% to the GDP of Odisha. About 155.10 lakh domestic tourists and 1.14 lakh foreign tourists visited Odisha during 2018-19,registering growth rate of 8.75% and 10.41%, respectively

The state government has developed tourism circuits such as the Golden Triangle of Tourism and Chilika Lagoon.

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Textiles, handlooms and handicrafts in Odisha

Textiles and Apparel

Odisha is a leader in skilled and quality workforce for the textile sector. It is one of the largest producers of cotton and silk in the country.

Odisha is known for the various handwoven cotton and silk sarees. Ikat, Bomkai, Paata, Sambalpuri and Berhampuri are some of the popular fabrics from Odisha.

Apparel parks have been established at Ramdaspur and Chhatabar in Odisha to promote investments in the sector.

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Urbanisation Rate

Females/ 1000 Males

Female/Male Ratio

Demographics

65% of Odisha's population is in the working age group of 15-59 years.

Odisha, the 11^th most populated state in India is home to 3.5% of the country's total population. The state's population of 41.9 mn is equivalent to the population of Argentina, on just 5.6% of its geographical area.