Odisha holds a significant position in the nation as a mineral-rich state due to its abundant natural resources, consisting of high-grade iron ore, bauxite, chromite, manganese, etc.
Odisha is located in the eastern region of India. The state shares its borders with West Bengal on the north-east, Jharkhand on the north, Andhra Pradesh on the south, Chhattisgarh on the west, and the Bay of Bengal on the east.
The state’s economy witnessed high growth rates between 2016-17 and 2020-21, with GSDP of the state growing at a CAGR of 8.53%. Cumulative FDI inflows in the state amounted to US$ 69.52 million between October 2019-December 2021.
Odisha has emerged as the key state with regard to the mineral and metal-based industries. In 2019-20^, Odisha contributed to the largest share (43.0%) of mineral production (by value*) in India. Value* of minerals produced in the state reached Rs. 299.19 billion (US$ 4.03 billion) in 2020-21^.
Odisha underta是印度的第一州必威精装版app手机ken reform and restructuring initiatives in the power sector. As of August 2021, Odisha accounted for a total installed power generation capacity of 12,311.64 megawatts (MW).
Odisha has a well-developed social, physical, and industrial infrastructure, and the state government has undertaken several infrastructural projects to further promote overall development. The state's infrastructure includes well-connected road and rail networks, airports, ports, power, and telecom.
*- Excluding fuel minerals, atomic minerals and minor minerals, ^- Until February month of that particular fiscal year