Odisha Map

Odisha

About Odisha: Tourism, Industries, Economy, Mining Agriculture, Climate, Geography

Latest update: November, 2014

Economic Snapshot: GSDP of Odisha

At current prices, Odisha's expected total gross state domestic product (GSDP) was about US$ 47.8 billion in 2013-14.

Economic Snapshot: GSDP of Odisha

Break up of outstanding investments in Odisha

In 2013-14, the state had US$ 189.1 billion of outstanding investments.

Break up of outstanding investments in Odisha

Factfile

  • Capital:Bhubaneswar
  • Geographical Area (sq km):155,707
  • State Language:Oriya, Hindi and English
  • Literacy Rate:73.5 per cent
  • Key Industries:Iron, steel, ferroalloy, aluminium, handloom, mining, IT and ITeS, electronics and tourism

Last Updated: November, 2014

ODISHA State Report | November, 2014

Odisha is located in the eastern region of India. The state shares its borders with West Bengal on the north-east, Jharkhand on the north, Andhra Pradesh on the south, Chhattisgarh on the west, and the Bay of Bengal on the east.

The state's economy witnessed high growth rates between 2004-05 and 2013-14, with gross state domestyic product (GSDP) expanding at a compound annual growth rate (CAGR) of 15.7 per cent.

Odisha has emerged as a key state with regards to the mineral and metal based industries. The state leads in iron, steel, ferroalloy and aluminium production and has a strong base for coal based power generation. The mining sector accounted for 8.9 per cent of Odisha's GSDP during FY 2013-14 and grew at CAGR of 17.8 per cent from fiscal year 2004-05 to 2013-14.

It is the first state in India to have undertaken reform and restructuring initiatives in the power sector. As of April 2014, the state had a total installed power generation capacity of 7,737.1 megawatt (MW).

Odisha 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.

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