Development Of industrial sector in odisha.. Project for class 10 students. study on industrial development took place in Odisha. this includes governmental steps taken to make odisha a industries friendly land.For more such content vist www.summarynets.blogspot.com

1. Industrial Development In
Odisha.
~Largest mineral producing state.

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Name : Keshav Goenka
Grade: X
Roll no : 28
Topic: History internal
assessment.
School : Podar
International school 2

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Key Industries
Iron
Rourkela Steel Plant (RSP),
in Rourkela, Odisha is the
first integrated steel plant in
the public sector in India.
Employment as of 2014 was
149,000 people employed
in iron and steel mills, and
69,000 in foundries. The
value of iron and steel
produced in 2014 was $113
billion.
Aluminum
With Odisha accounting
for 60 per cent of India’s
estimated bauxite
reserves and strong
presence of Nalco,
Hindalco and Vedanta, the
State is soon going to be
the aluminum capital of
India, a top official of
Nalco said today.
Mining
Almost 25 per cent of
India’s iron and
manganese ore resources
will be up for sale for
captive users and
merchant miners. By
doing so, Odisha, the
projected ‘steel capital of
India’ would become the
principal provider to
India’s 300 million tone
steel capacity by 2030.
Electronics
Part of the larger 'Info
valley' Ecosystem in the
capital city of Odisha ▪
216 acres of exclusive
cluster
for electronics manufactur
ing with total investment
of over USD 155 million
Tourism
the land of fields
beaches, temples, rivers,
and tribal people, is filled
with attractions such as
the temples of
Bhubaneswar , Puri, and
Sun Temple of Konark.
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Key Sectors
Merchandise
Export
Total merchandise export
from Odisha stood at US$
6.303 million in FY19 and
reached US$ 3.26 billion
during April-September
2019.
Natural Resources
It carries more than 35
per cent of country’s
natural resources. The
state has significant
reserves of iron ore,
bauxite, nickel, coal, etc.
Hence, it is an attractive
destination for mineral-
based industries.
Tourism
About 155.10 lakh
domestic tourists and
1.14 lakh foreign tourists
visited Odisha during
2018-19.
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Introduction
The state's economy witnessed high growth
rates between 2015-16 and 2019-20, with Gross
State Domestic Product (GSDP) expanding at a
Compound Annual Growth Rate (CAGR) of 12.70
per cent.
Odisha has emerged as a key state with regards
to the mineral and metal-based industries. At
40.7 per cent in 2018, Odisha contributed the
largest share of mineral production India in
terms of value. Value* of minerals produced in
the state reached Rs 30,170.22 US$ 4.28 billion)
in 2018-19.
It is the first state in India to have undertaken
reform and restructuring initiatives in the power
sector. As of March 2020, Odisha accounted for
a total installed power generation capacity of
8,566.59 megawatt , comprising 3,828.22 MW
under state utilities, 2,771.39 MW under private
sector, 1,996.68 MW under central utilities. 5

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Gross State Domestic Product (GSDP)& National Strategic
Development Plan (NSDP)
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Odian People Strategy
How odisha scaled in the past
Phase 1
March,2014
• In 2014, Gross State
Domestic Product (GSDP)
expanded at a Compound
Annual Growth Rate
(CAGR) of 5.70 per cent
to US$ 38.6 billion
whereas the Net State
Domestic Product (NSDP)
expanded at a CAGR of
5.70 per cent to US$ 23.5
billion.
Phase 2
August,2015
• In 2015, Gross State
Domestic Product (GSDP)
expanded at a Compound
Annual Growth Rate
(CAGR) of 7.93 per cent
to US$ 43.2 billion
whereas the Net State
Domestic Product (NSDP)
expanded at a CAGR of
7.93 per cent to US$ 35.7
billion.
Phase 3
December,2016
• In 2016, Gross State
Domestic Product (GSDP)
expanded at a
Compound Annual
Growth Rate (CAGR) of
9.13 per cent to US$
52.4 billion whereas the
Net State Domestic
Product (NSDP)
expanded at a CAGR of
9.13 per cent to US$
47.1 billion.
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• The Odisha Cabinet has approved the Odisha start-up policy, aimed at setting up at least 1,000 start-ups over the next
five years and bringing the state amongst the top three start-up hubs by 2020.
• In order to increase the employment opportunities in the state, Odisha government has announced plans to invest US$
28.69 billion in the manufacturing sector generating nearly three lakh job opportunities by 2020.
• In January 2018, the state government has given approval for five investment proposal including two Angul Aluminum
Parks worth Rs 328 crore (US$ 50.66 million)..
• As per budget 2016-17, US$ 39.71 million has been proposed by the state government for developing new railway
projects such as the ongoing Khurda-Bolangir line, new Jaypore-Malkangiri, Jaypore-Nabarangpur railway lines, etc. in
the state through direct state funding.
• As per state budget 2016-17, the state government allocated US$ 1.52 million for development and enhancement of
eco-tourism in Odisha.
• A mega food park is being established near Bhubaneswar over 282 acres through the PPP mode. Odisha Industrial
Infrastructure Development Corporation (IDCO) is the nodal agency for the establishment of this park.
• In order to strengthen the artisan-based enterprises in the handicrafts sector, 19 handicraft training centers are
functioning in different districts.
Major initiatives taken by the government to promote Odisha
as an investment destination:
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Summary 13

14. Thank You
Keshav Goenka
+91 94225 14258
Keshav.g7ich@gmail.com