Odisha is identified as the top destination for manufacturing investments in India and recognized as Manufacturing Hub of the East.
The State has developed a long term roadmap for industrial development: Vision 2025 identifying 5 focus sectors for attracting investments.
The Government of Odisha has recently promulgated a new pragmatic Industrial Policy with several investor-friendly fiscal and non-fiscal benefits and incentives. Odisha has been recognized as an ‘Aspiring Leader’ by the World Bank in terms of implementation of Ease of Doing Business reforms, ahead of a number of other industrially progressive States in the country. The State is also undertaking numerous first-of-their-kind technological initiatives to reduce physical interface for the investors to the minimum.
Odisha is keen on further expanding the existing industrial base by facilitating investors to set up Private Industrial Estates and has recently released a scheme to promote the same.
This compendium covers the key features of the Scheme as well as provides basic information about select identified locations and their ecosystem suitable for setting up private industrial estates.