Odisha Map

Odisha

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

Latest update: April, 2014

Economic Snapshot: GSDP of Odisha

At current prices, Odisha’s total gross state domestic product (GSDP) was about US$ 47.6 billion in 2012-13.

Economic Snapshot: GSDP of Odisha

Break up of outstanding investments in Odisha

In 2012-13, the state had US$ 220 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: April, 2014

ODISHA State Report | March, 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 2012–13, with gross state domestic product (GSDP) expanding at a compound annual growth rate (CAGR) of 16.2 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 6.6 per cent of Odisha’s GSDP during FY 12 and grew at an average rate of 6.7 per cent during FY 2006–12. Odisha accounts for around 52 per cent of India’s bauxite reserves and is an ideal location for setting up aluminium-based companies. The state ranks first in the country in terms of both production capacity and actual output of aluminium.

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.

Odisha offers a wide range of fiscal and policy incentives for businesses under the Industrial Policy Resolution, 2007. Additionally, the state has sector-specific policies for IT and micro, small and medium enterprises. The state government has constituted ‘Team Odisha’ to help with investment promotion.

Copyright © 2010-2015 India Brand Equity Foundation

All material, information, data, images or content on this website is subject to copyright or other applicable intellectual property laws and no part of it can be reproduced in any form (including paper or electronic form) without prior written consent and approval from IBEF. Infringements are subject to prosecution under the applicable laws. For consent related queries and conditions,
please write to info.brandindia@ibef.org

IndiaAn initiative of the Ministry of Commerce & Industry, Government of India