Investment in Odisha | Invest India

Snapshot

Produces more than 50% of aluminium in India

Odisha is considered as a hub for mineral-based industries due to its large mineral deposits. Beyond aluminium production, the state also contributes about 20% to stainless steel smelting capacity in India.

Odisha, with a coastline of 485 km, is located on the east coast of India along the Bay of Bengal. The state is served by 3 ports - Paradip, Dhamra and Gopalpur. Paradip port is one of the largest ports on the eastern coast of India and has a capacity of 127 MMT. The state is domestically well-connected with over 250,000 km of road length and 15 national highways passing through the state. The state has installed power capacity of over 7,330 MW and is the first state in India to have undertaken restructuring initiatives in the power sector. Bhubaneswar, the state’s capital, was ranked first in the ‘Smart City Challenge’ of Government of India.

A first-of-its-kind Single Window Portal called Government of Odisha – Single Window for Investor Facilitation and Tracking (GO SWIFT) has been introduced covering the complete life-cycle of industrial projects for time-bound and hassle-free investment in the State.

Largest producer of metals and minerals - aluminium, steel, bauxite, chromite and iron ore

2^nd largest publicly owned port in cargo-handling capacity at Paradip

Leading producer of horticulture crops - brinjal, cabbage, sweet potato, cashewnut

Chemicals, Plastics and Petrochemicals

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

The chemical exports from Odisha grew by 400% in value between 2012-2014 to reach $ 136 mn.

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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 is the second-largest producer of tiger shrimps in the country. Odisha has 10 agro-climatic zones and 8 major soil types favourable for the production of a variety of crops.

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Ancillary & Downstream Industries in Metals

Odisha produced $ 579 mn worth of mineral resources in 2016-17. The state has 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. The state recorded 12.9 mn tourist arrivals in the year 2016, with annual growth of 11.5%.

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

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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.

Upcoming projects:

National Investment and Manufacturing Zone (NIMZ) in an area of 16,325 ha in Kalinganagar
Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in over 27,500 ha area and Plastic Park with an area of 49 ha, both in Paradip
Aluminium Park at Angul in 90 ha, with an expected expenditure of $29 mn on developing state-of-the-art facilities
Electronics Manufacturing Cluster in Bhubaneswar set up over an area of 87 ha, with an expected investment of $32 mn
Seafood Park at Deras in 61 ha
Dhamra Investment Region, with six multi-sectoral industrial zones
Biotech Park at Bhubaneswar, expected to generate more than 5,000 direct and indirect employment
Smart Cities Mission, for which Bhubaneswar and Rourkela are the cities identified from Odisha
East Coast Economic Corridor (ECEC) is a key upcoming corridor, running from Kolkata in West Bengal to Kanyakumari in Tamil Nadu

Open
*Validated OnJul 24, 2018

Odisha Apparel Policy 2016

The Policy delineates 'Textile & Apparel' as a priority…
Open
*Validated OnJul 24, 2018

Odisha Biotechnology Policy 2016

To emerge amongst the top 5 “Bio-tech Hubs” in India for Bio…
Open
*Validated OnJul 24, 2018

Odisha Fisheries Policy 2015

To be a pioneer in aquaculture development and fisheries exp…
Open
*Validated OnJul 24, 2018

Odisha Food Processing Policy 2016

Aims at creating an enabling environment and related infrast…
Open
*Validated OnJul 24, 2018

Odisha Healthcare Investment Promotion P…

To provide quality healthcare services by promoting private…
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*Validated OnJul 24, 2018

Odisha Industrial Policy Resolution 2015

To transform Odisha into a vibrant industrialized state.
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*Validated OnJul 24, 2018

Odisha Information Communication Technol…

To promote Odisha as an attractive investment destination fo…
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*Validated OnJul 24, 2018

Odisha MSME Development Policy 2016

To provide a conducive ecosystem for promotion and growth of…
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*Validated OnJul 24, 2018

Odisha Pharmaceuticals Policy 2016

Aims at creating an enabling environment through dedicated i…
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*Validated OnJul 24, 2018

Odisha Renewable Energy Policy 2016

To provide a sustainable solution for meeting energy needs a…
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*Validated OnJul 24, 2018

Odisha SEZ Policy 2015

To promote SEZs as internationally competitive growth centre…
Open
*Validated OnJul 24, 2018

Odisha Startup Policy 2016

To become one of the top three “Startup Hubs” in India by 20…
Open
*Validated OnJul 24, 2018

Odisha Tourism Policy 2016

To promote tourism for economic development, inclusive growt…