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Odisha: March 2013

March, 2013

Odisha is located in the Eastern region of India. The state shares its borders with West Bengal in the Northeast, Jharkhand in the North, Andhra Pradesh in the South, Chattisgarh in the West, and the Bay of Bengal in the East.

Odisha has emerged as a key state with regards to the mineral- and metal-based industry. The state leads in iron, steel, ferroalloy and aluminium production. It also has a strong base for coal-based power generation. The state offers a wide range of fiscal and policy incentives. Additionally, the state has sector-specific policies for IT, and the micro, small and medium enterprises (MSME). The state has a large base of skilled labour, making it an ideal destination for mineral-based industry. Further, the state has a large pool of semi-skilled and unskilled labour.

Odisha has well-developed social, physical and industrial infrastructure, and virtual connectivity. In addition, the state has an airport and prominent port infrastructure. The state has a stable political environment. Apart from other facilitating agencies, the State Government has constituted the 'Team Odisha' to help in investment promotion.

Odisha has been a major exporter of mineral products and metallurgical products, accounting for around 58 per cent and 28 per cent of the state's total exports, respectively.

At current prices, the total gross state domestic product (GSDP) of Odisha was about US$ 47.1 billion in 2011-12. The average GSDP growth rate between 2004-05 and 2011-12 was about 15.4 per cent.

State Presentation (March 2013)

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