Last updated on May, 17 2021
ODISHA State Report | March, 2021
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 2016-17 and 2020-21, with GSDP of the state growing at a CAGR of 6.72%. Cumulative FDI inflows in the state amounted to US$ 30.06 million between October 2019 and December 2020.
Odisha has emerged as a key state with regard to the mineral and metal-based industries. In 2019-20^, Odisha contributed the largest share (29%) of mineral production (by value*) in India. Value* of minerals produced in the state reached Rs. 22.10 billion (US$ 305 million) in 2019-20^.
It is the first state in India to have undertaken reform and restructuring initiatives in the power sector. As of February 2021, Odisha accounted for a total installed power generation capacity of 8,594.47 megawatts (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.
*- Excluding fuel minerals, atomic minerals and minor minerals, ^- Until May 2020