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Investor Presentaiton

1 Preamble Odisha, situated geographically in Eastern India, has West Bengal in the Northeast, Jharkhand in the North, Andhra Pradesh in the South, and Chhattisgarh in the West as the neighboring States. It is a land of diversified culture & splendors. Abundant natural resources, 10 Agro-climatic zones, extensive coastline of 480 kms and the sprawling Chilika lake makes Odisha the veritable hub of multi-dimensional products ranging from Minerals to Agri products, Handicrafts, Handlooms and Petrochemicals etc. From time immemorial Odisha has been a gateway of International Trade. The Odisha Export Policy is a proactive initiative to take Odisha to the league of top 5 exporting States of the country. The State exports have grown at 7.53 percent from 2018-19 (Rs.48,119.60 crore) to 2019-20 (Rs. 51,742.32 crore) in 2019-20 and again by 55.42 percent in 2020-21 to Rs. 80,419.33 crore. Odisha continues to be on a high growth trajectory. The export turnover of Odisha has more than doubled during the last five fiscal years (2017-2022) and shown growth of 58.17 percent during the last financial year despite the adverse impact of Covid- 19 and a global pandemic. Odisha also aims to achieve a target of Rs 3.5 lakh crore exports by 2026-27. With each passing year the State has recorded significant growth in the exports sector. The efforts and resilience of the export fraternity has ensured consistent growth in exports. Historically Odisha's exports are Mineral & Metal Products. However, in the last decade the export of other products has shown immense growth potential. Export of Marine products and services have made remarkable strides, in addition to the export of Agri products, Horticulture, Handicrafts, Handlooms, Chemical and Allied sectors. The Government of Odisha is leaving no stone unturned to enhance the export landscape through adequate Infrastructure support and a robust Policy framework. IT & ITES have also been a vital domain in recent years and the govt has focused on the growth of this sector through various initiatives. The Odisha Export Policy provides a roadmap and framework to promote exports of Goods and Services, employment generation and value addition in line with the “Make in India" program. It aims to address the evolving and dynamic changes in International Trade landscape and meet global challenges and surmounting trade barriers. Exports are an indispensable tool for the growth of GSDP and the overall economic growth. There has been a concerted effort to make the Odisha Export Policy concurrent with Foreign Trade Policy 2022-2027 with periodic reviews and updates. 05
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