Orissa
- Profile
The
State of Orissa is situated strategically contiguous with the States of
Southern, Central and Eastern India. With its immense natural resources –
mineral, marine, forest and agricultural and the added advantage of its 480 Kms.
long coast line along the Bay of Bengal, the State is poised for taking off
towards industrial development and economic prosperity.
The
State of Orissa is committed to Industrial Development and stress is being laid
on the exploitation of the rich agricultural, marine and mineral resources and
tourism to provide the leverage for accelerated industrialization. There already
exists a substantial industrial base, comprising of a number of large, medium
and small-scale enterprises in Steel, Aluminium, Chrome, Power, Textile,
Handicraft and a host of other sectors. The
thrust is on agro processing, electronics and software, aluminium industries,
Gems & jewellery, automobile, basic drugs and pharmaceuticals, petro-chemicals
and export oriented units.
Infrastructure
is a key component for industrial development and the existing facilities in the
State offer tremendous opportunities for national and overseas investment in the
export-oriented industries.
Orissa
is well connected by all modern means of transport surface, air and water.
The State has rail and road network providing linkage to the various
strategic points with more than 22364 Kms of rail route and 55000 Kms of
roadways.
Orissa
has a long coast line, with Paradip as the major all weather port.
In addition, there are a no. of small ports in the State which offers
tremendous opportunities for international trade.
The plan to set up an all weather port at Gopalpur will provide further
export opportunities to the entrepreneurs of the State.
The
Biju Patnaik Air Port at Bhubaneswar has already been declared as a Customs
Airport and being upgraded to international status.
As
recently aanounced in the Financial budget, two Special Economic Zones are
proposed to set up at Paradip and Gopalpur and Agricultural Export Zones in the
districts of Koraput and Kandhamal for Ginger and Turmeric respectively.
Abundance
of skilled and semi-skilled manpower at competitive rate in an environment of
peaceful industrial relation and positive work culture offer favorable
opportunities for industrial development. Availability of qualified people from
a number of Engineering Colleges, Polytechnics and Management Institutes in the
State provide a rich human resources base for rapid industrialization of the
State.
The
Government of Orissa in it’s Industrial Policy-2001 envisages creation and
modernisation of various infrastructural facilities, viz. development of roads
and bridges, ports, power plant, in addition to Special Economic Zones in the
State. Besides, 100% EOUs are declared as “Public Utility
Services” and will be allowed refund of OST on inputs and raw materials used
for manufacture of goods meant for export.
