The Indian Information Technology(IT) industry has been an unqualified success story globally, becoming the topmost offshoring destination for IT companies across the world accounting for approximately more than half of the Global Services Sourcing Business. It has created huge job opportunities and contributed majorly to India’s growth and development; and in the last two decades, the industry has grown manifold in revenue terms, and its relative share of India’s GDP has increased.
Odisha, the Sunrise State in Eastern India is on the cusp of an information & communication technology revolution. The Government of Odisha has been at the forefront of the adoption of IT and experimenting with emerging technologies to drive and transform governance in the state to positively impact the lives of its citizens. This policy attempts to put in place a conducive environment for welcoming investment in the state through various initiatives. The policy also aims to usher in balanced socio-economic growth of Odisha with the suitable deployment of technology for seamless electronic service delivery, ensure the acquisition of a higher degree of employability skills for its people, provide a strong foundation for Start-ups and Innovators, and ideates to promote innovation & entrepreneurship in the state.
The vision of this policy is to transform Odisha into a leading destination for Information Technology in the country and position it prominently on the global map as a preferred IT outsourcing destination along with the quantum increase in the creation of employment opportunities thereby contributing significantly to growth and development. Odisha Government intends to use IT to usher in efficiency and transparency in governance, and give a fillip to the spread of Digital literacy in the state by realizing the goal of “Internet for all”. This policy aspires to establish Odisha as a preferred IT hub with innovation and new age/emerging technologies featuring prominently in it.
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Incentive for Fixed Capital Investment |
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SGST |
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Exemption on Electricity Duty |
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Specific incentives for green practices in IT |
25% reimbursement on cleaner /greener production measures limited to Rs. 30 Lakhs per unit on the basis of certification by accredited certifying agencies/State Pollution Control Board, Odisha. |
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Power Subsidies |
Power Tariff Reimbursement of INR 0.25 to INR 1.25 per unit for a period of 5 years provided there is a minimum investment of INR 100 Crores and minimum employment of 100 people. |
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Employment-Based Incentives |
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Recruitment and Skilling |
Recruitment Assistance: One-time Recruitment Assistance shall be provided @ Rs. 10,000 per newly recruited employee at the executive level who are domiciles of Odisha with a maximum limit of Rs. 10 Lakhs per unit for a period of 03 years. Additional Rs. 1000 per employing women, SC/ST, and Physically Disabled employees. Human Capital Investment Subsidy: 50% reimbursement of training fees for obtaining industry-recognized skill certifications (in Emerging technologies, Project Management program, Six Sigma, ITIL, and Security Certifications such as CEIH, CISM, and CISA or equivalent, etc.) limited to Rs. 10,000 per employee and subject to an overall ceiling of Rs. 20 lakhs per unit for 5 years. Building a skilled resource base in the state
Skill Upgradation: Reimbursement of up to Rs. 1.5 Lakhs for travel and stay of international guest faculty from reputed foreign Universities/Institute for maximum 5 guests in a year per Government College/University for conducting training sessions, skill upgradation programs, etc. for faculty on advanced courses related to Information Technology. |
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Marketing Incentive |
Reimbursement would be provided as per norms indicated below for participating in designated state/national/ international exhibitions and approved trade delegations. These incentives are available to recognized Industry Associations too. Companies can avail of this incentive maximum 2 times during the Policy.
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Stamp Duty Exemption |
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Interest Subsidy |
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Reimbursement for Internet Connectivity |
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Incentives for filing patents |
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Incentives for Certifications |
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Research & Development Incentive |
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Promotion of VFX and Animation |
Capital Subsidy: AVGC unit with min. investment of Rs. 3 Cr. and min. employment of 30 people, shall get a capital subsidy of 25% of FCI, subject to an upper cap of Rs. 20 lakhs. For Women/SC/ST/disabled entrepreneurs additional subsidy of Rs. 10 lakhs will be provided. Animation Film/Series/Games: Reimbursement of 20% (40% for Women/SC/ST/disabled entrepreneurs) of project/production cost for animation films/ cartoon series/games produced in Odisha subject to 80% of animation film/series/game production happening in Odisha using local people. This incentive is limited to Rs. 10 lakhs per film per year. Women/SC/ST and disabled entrepreneurs will get additional subsidy of Rs. 5 lakhs per film per year. Lease Rental: Reimbursement of 25% of lease rental charges, limited to Rs. 3 lakhs per year for 3 years. For Women/SC/ST/disabled entrepreneurs, reimbursement will be @ 50% of lease rental charges, limited to Rs. 5 lakhs per year for 3 years. Stamp Duty: 100% reimbursement of stamp duty, registration fees and transfer duty for first transaction and 50% of second transaction is also allowed. Recruitment Assistance: Assistance of Rs. 15 lakhs for employing minimum 80 people within 2 years of operation with a condition that 50% recruitment is of Odisha domicile people. Marketing Assistance: 50% reimbursement (100% for Women/SC/ST/disabled entrepreneurs) of cost incurred for participating in national exhibition/trade event or promotion events capped at 1.5 lakh per year . Such incentive can be claimed maximum 3 times during the policy period per company for participating in events. Quality Certification: Reimbursement of 20% expenses (40% for Women/ST/SC/disabled entrepreneurs) incurred towards compulsory marketing/quality certificates. This incentive is limited to maximum Rs. 4 lakhs per unit Bandwidth Connectivity Charges: Reimbursement of Internet bandwidth charges up to 1.5 lakhs per year for a period of 3 years |
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Large and Mega Projects |
Special package on a one-on-one basis |
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Lease Rentals |
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Incubation Rentals |
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Specific Incentives for IT Parks |
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