ODISHA Surging ahead as a manufacturing powerhouse

Odisha, nestled on the eastern coast of India, has undergone a remarkable transformation, evolving into a prime industrial destination.

Emerging as a pivotal force in India’s industrial scene, especially in the agro-processing equipment manufacturing sector, the state is rapidly advancing as a manufacturing hub, propelled by a fresh influx of investments. Nature has generously endowed Odisha with a treasure trove of resources. Vast mineral reserves, including coal, iron ore, bauxite and chromite, form the bedrock of its industrial might. The thriving mining sector, anchored by large companies positions Odisha as a major producer and exporter of minerals, fuelling its industrial engine.

Diversification of a robust ecosystem 

Recognising the need for a well-rounded industrial landscape, the state has strategically diversified its focus. Industries like steel, aluminium, power generation, petrochemicals, textiles, and food processing are witnessing significant growth, contributing to a robust and resilient economy. To facilitate industrial expansion, Odisha has implemented proactive policies and established dedicated industrial zones and parks, which prove the necessary infrastructure and facilities, creating a conducive environment for business to flourish.

Seamless transportation and logistics of the state ensures efficient movement of goods and raw materials. Major ports like Paradip, Dhamra, and Gopalpur serve as crucial gateways for trade and export, further enhancing the state’s attractiveness.

Focus on key sectors 

• Chemicals and Petrochemicals: The Paradip Chemicals, Petrochemicals, and Petroleum Investment Region (PCPIR) have propelled Odisha into a significant player in the chemical and petrochemical sector. With major players like the Indian Oil Corporation Limited (IOCL), the PCPIR is witnessing remarkable growth and global interest.