About IPICOL

About IPICOL

Industrial Promotion and Investment Corporation of Odisha (IPICOL) is the single-point of contact for all industrial investments in the State.

Vision

We want to become the investment destination of choice by continuously creating and delivering outstanding opportunities for business growth, fostering all-round socio-economic development for the State and its people.

Mission

We seek to maximize Odisha’s economic potential by leveraging our strengths in our focus sectors, creating a business-friendly environment and an inclusive economy.

Major functions of IPICOL

Strategy

The State has industrial vision laid out in Odisha Industrial Development Plan (OIDP) 2025. IPICOL is mandated to promote medium and large scale industries in the state by providing necessary support services across focus sectors, as highlighted in OIDP 2015.

Targeting Investors

The State undertakes domestic and international roadshows showcasing the Business Ecosystem. IPICOL maintains a list of 200 potential investors across six focus sectors.

Facilitating Investment and Aftercare

To strengthen the investor facilitation, the Facilitation Cell at the State level functions at IPICOL where members from other Departments concerning various approvals/clearances have been deployed on full time basis with appropriate delegation of powers. Post-operationalization of industrial units, IPICOL ensures support in renewals and aftercare support.

Research & Policy Advocacy

Apart from the Industrial Policy Resolution 2015, the State has sector specific policies which address the particular requirements of each sectors.

Systems/ Technology

IPICOL has developed the online Single Window portal, GO SWIFT i.e. Government of Odisha – Single Window for Investor Facilitation and Tracking, to transform the B2G interface through the entire investment lifecycle. GO SWIFT is a key business reform undertaken by the state government with the objective to provide all requisite information/clearances to investors in a hassle-free and paper-less manner.