Orissa has emerged as a key state with minerals and metals-based industry. The state leads in iron, steel, ferroalloy and aluminium production; also has a strong base for coal-based power generation.
At current prices, the total Gross State Domestic Product (GSDP) of Orissa was about US$ 26.6 billion in 2008-09. The average GSDP growth rate between 2000-01 and 2008-09 was about 14.4 per cent. The high rate of growth has come about due to the strong performance of the metals and mining sector. Specifically, Orissa has attracted significant investment in the steel and aluminium industries.
The total Net State Domestic Product (NSDP) of Orissa was about US$ 23.06 billion in 2008-09. The average NSDP growth between 2000-01 and 2008-09, was about 14.29 per cent.
In 2008-09, the tertiary sector contributed the most to the GSDP at 49 per cent (US$ 11.76 billion). It was followed by the primary sector, contributing at 36 per cent (US$ 8.53 billion) and the secondary sector at 15 per cent (US$ 3.5 billion). At 42.5 per cent, the primary sector recorded the highest growth of all three sectors in 2008-09 over the previous year. It was followed by the secondary sector, which grew at 25.1 per cent and then the primary sector, which grew at 14.5 per cent during this period.State Presentation (April 2010)
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