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Team Odisha provides the following support to investors:
The focus sectors are:
Fiscal Incentives viz. Interest Subsidy, Employment rating based incentives in power, Training Subsidy, Infrastructure grant to Cluster Parks, Reimbursement in VAT, Employment Cost Subsidy, etc.
The specific details of the incentives available to investors are covered in the Industrial Policy (The specific details of the incentives available to investors are covered in the Industrial Policy available on this website)
The Nodal Agencies are:
Investor Facilitation Cells are set up at the District level and at IPICOL to handhold the investors in obtaining the approvals and clearances. The Facilitation Cells are the first point of contact for a prospective investor.
All approvals relating to services required by industries are given in a time bound manner as stipulated in OIFR 2015 and Odisha Right to Public Services Act 2012.
Yes, deemed approvals are provided on a case-to-case basis if there are undue delays beyond the timelines specified in the OIFR
Anchor Tenant means the first & leading investor in the designated industrial park / estate whose brand value and support potential for backward and / or forward linkages shall stimulate further investment in the sector industrial park.
Ancillary Industry means an Industrial undertaking which is engaged or is proposed to be engaged in manufacturing or production of parts, components, sub-assemblies, tooling or intermediates or rendering of services and the undertaking supplies or renders or proposes to supply or render not less than 50% of its production or services as the case may be, to one or more other industrial undertakings within the State.
Downstream Industry means an Industrial undertaking, which is engaged or proposed to be engaged in value addition of the intermediate or final produce or waste product of one or more industrial undertakings within the State utilizing a minimum of 50% by weight as base raw materials.