ODISHA SCENIC . SERENE . SUBLIME - SUN TEMPLE AT KONARK, ODISHA - IBEF
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SUN TEMPLE AT KONARK, ODISHA ODISHA SCENIC . SERENE . SUBLIME For updated information, please visit www.ibef.org May 2018
Table of Content Executive Summary .…………….…….…....3 Introduction ……..………………………...….4 Economic Snapshot ……………….….…….9 Physical Infrastructure ………..……...........15 Social Infrastructure ...................................23 Industrial Infrastructure ……..……….........26 Key Sectors ………….………………..…...29 Key Procedures & Policies………………...38 Annexure.………….……..…........................51
EXECUTIVE SUMMARY The state’s economy witnessed high growth rates between 2011-12 and 2017-18, with GSDP of the state Strong economy growing at a CAGR of 10.30 per cent. Cumulative FDI inflows in the state, during April 2000 to December 2017, amounted to US$ 425 million. Odisha has emerged as a key state with regards to the mineral and metal based industries. At 34.1 per cent Strong mineral in December 2017, Odisha contributed the largest share of mineral production India in terms of value. Value production of minerals produced in the state reached US$ 3.48 billion in April-December 2017. Strong growth in MSME The state is home to a large number of MSME units. The state is amongst the top ten states accounting for units the highest number of MSME enterprises. Odisha is the first state in India to have undertaken reform and restructuring initiatives in the power sector. As Strong power sector of April 2018, the state had a total installed power generation capacity of 7,338.42 MW. Source: Economic Survey of Odisha, CAGR – Compound Annual Growth Rate; GSDP – Gross State Domestic Product 3 ODISHA For updated information, please visit www.ibef.org
FACT FILE Odisha has 3 major seasons, summer (March to June), monsoon (July-September) & winter (October-February). Parameters Odisha Capital Bhubaneswar Geographical area (lakh sq. km) 155,707 Administrative districts (No) 30 Population density (persons per sq. km) 270 Total population (million) 41.97 Male population (million) 27.1 Source: Maps of India Female population (million) 25.5 Odisha is located in the eastern region of India. The state shares its Sex ratio (females per 1,000 males) 979 borders with West Bengal in the north-east, Jharkhand in the north, Andhra Pradesh in the south, Chhattisgarh in the west & the Bay of Literacy rate (%) 75.5 Bengal in the east. Male Literacy rate (%) 83.2 Languages spoken in the state are Oriya & its various dialects, Hindi & English. Female Literacy rate (%) 67.8 Bhubaneswar, Mayurbhanj, Baleshwar, Khordha & Sundargarh, Ganjam, Cuttack are some of the large cities in terms of population. Source: Census 2011, Economic Survey of Odisha 2017-18 5 ODISHA For updated information, please visit www.ibef.org
ADVANTAGE High economic growth Policy, fiscal incentives and initiatives The state’s GSDP grew at a Compound Annual The state offers a wide range of fiscal and policy Growth Rate (CAGR) of 10.30 per cent between 2011- incentives for businesses under the Industrial 12 and 2017-18. Policy Resolution, 2007. The tertiary sector was the major contributor to the Additionally, the state has sector-specific policies state’s GSDP with contribution of 45.25 per cent during for IT and micro, small and medium enterprises. 2017-18. The state government has constituted ‘Team Odisha’ to help with investment promotion. Advantage Odisha Rich labour pool Facilitating infrastructure The state has a literacy rate of 72.87 per cent, in Odisha has a up to date social, physical and line with the national average. industrial infrastructure. The state government has been undertaking various infrastructural Furthermore, the state has a large pool of semi- projects to boost the infrastructure of the state. skilled and unskilled labour. As per state budget 2018-19, US$ 811.24 million has been allocated for the railway infrastructure development. Source: Economic Survey of Odisha, Central Statistics Office 6 ODISHA For updated information, please visit www.ibef.org
ODISHA IN FIGURES Odisha’s Contribution to Indian Economy (2017-18) Physical Infrastructure in Odisha Parameter Odisha India Parameter Odisha India GSDP as a percentage of all Installed power capacity 2.5 100.0 7,338.42 343,3788.39 states’ GSDP (MW) (April 2018)* GSDP growth rate (%) 10.28 9.8 Wireless subscribers (No) 33,044,432 1,156,867,852 (as of February 2018) Per capita GSDP (US$) 1,438.74 1,456.76 Internet subscribers (Mn) 10,440,000 445,960,000 Social Indicators (as of December 2017) National highway length Parameter Odisha India 5,413 115,435 (km) Literacy rate (%) 72.87 73.0 Major and minor ports 1+2 13+187 (No) Birth rate (per 1,000 18.6 20.4 population) Airports (No) 1 125 Industrial Infrastructure Investments (as of December 2017) Parameter Odisha India Parameter Odisha India Operational PPP projects (No) 6 740 Cumulative FDI equity inflows 0.425 368.05 Operational SEZs (No) 4 222 since April 2000 (US$ billion) Note: GSDP, per capita GSDP figures are taken at current prices, exchange rates used is average of 2017-18 i.e. 64.45, For source refer to Annexure , * FY 2018-19 7 ODISHA For updated information, please visit www.ibef.org
VISION 2022 To develop industrial parks with To improve rural healthcare system, quality infrastructure, to encourage to provide quality emergency micro-enterprises as ancillaries and healthcare facilities, to patronise to pave the way for cost & health insurance, to imbibe health technology orientation by and hygiene content in education encouraging competition. system, etc. To enhance the use of To improve connectivity by Information Technology (IT) increasing road and rail density to ensure transparency and Health Industrial and to improve passenger speed. development services. To minimize interface between To provide universal access to public and government for Govt. services power, irrigation and to improve dealings. and Infrastructure urban infrastructure as well. administration Vision 2022 Growth and well- To protect historical monuments Tourism & culture being To frame concerted strategies to through proper renovation. address various issues of To nurture and promote classical unemployment and rural well being. music, dance and literature. Agriculture Education & skill To bring about growth with equity. development To improve the productivity of the sector, to encourage modern To foster technical and vocational agricultural practices, to bring education and skill development insurance schemes for farmers programmes. against natural disasters, etc. To establish educational townships. Source: Confederation of Indian Industry 8 ODISHA For updated information, please visit www.ibef.org
ODISHA ECONOMIC SNAPSHOT
ECONOMIC SNAPSHOT – GSDP GSDP at current prices GSDP per capita at current prices CAGR 10.30% CAGR 9.19% 70.00 4.5 1,600 100000 4 1,400 90000 92,727.00 4.16 64.54 60.00 1,438.74 80000 84,936.00 3.77 3.5 56.22 1,200 1,266.00 50.00 70000 75,262.00 3.31 51.39 1,180.85 3 50.55 72,209.00 1,149.74 1,140.94 1,137.40 49.00 1,126.87 3.14 48.17 48.06 68,813.00 1,000 2.96 40.00 60000 2.5 61,358.00 2.62 800 50000 54,708.00 2.31 30.00 2 600 40000 1.5 20.00 30000 1 400 20000 10.00 0.5 200 10000 0.00 0 0 0 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 US$ Rs trillion US$ RS At current prices, the Gross State Domestic Product (GSDP) of Odisha’s per capita Gross State Domestic Product (GSDP) in 2017- Odisha stood at about Rs 4.16 trillion (US$ 64.54 billion) in 2017- 18F was estimated at about Rs 92,727.00 (US$ 1,483.74). 18. Per capita GSDP of the state grew at a CAGR of 9.19 per cent The state’s GSDP grew at a CAGR of 10.30 per cent between 2011- between 2011-12 and 2017-18. 12 & 2017-18. Note: Exchange rates used are averages of each year, provided on page 68 Source: Directorate of Economics & Statistics of Odisha, Central Statistical Organisation NSDP# -Odisha Socio Economic Survey 2017-18 10 ODISHA For updated information, please visit www.ibef.org
ECONOMIC SNAPSHOT – NSDP NSDP at current prices NSDP per capita at current prices CAGR 10.08% CAGR 8.97% 60.0 4 1,400 90000 80000 56.37 3.5 1,200 3.63 80,991.00 1,256.65 50.0 70000 3.30 74,234.00 49.14 3 1,106.48 45.61 1,000 1,033.08 44.09 65,650.00 43.56 40.0 60000 43.29 2.89 1,008.76 1,004.65 42.96 1,002.90 1,001.22 63,173.00 2.75 2.5 60,574.00 2.61 800 50000 54,703.00 2.33 30.0 2 48,370.00 2.04 600 40000 1.5 20.0 30000 400 1 20000 10.0 200 0.5 10000 0.0 0 0 0 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2012-13 2011-12 2013-14 2014-15 2015-16 2016-17 2017-18 US$ Rs trillion US$ RS Odisha’s total NSDP was about Rs 3.63 trillion (US$ 56.37 billion) The state’s per capita NSDP was Rs 80,991.00 (US$ 1,256.65) in during 2017-18. 2017-18. The state’s NSDP (in Rs) grew at a CAGR of 10.08 per cent between The per capita NSDP (in Rs) increased at a CAGR of 8.97 per cent 2011-12 & 2017-18. between 2011-12 and 2017-18. Note: Exchange rates used are averages of each year, provided on page 68 Source: Directorate of Economics & Statistics of Odisha, Central Statistics Office, Aranca Research Sector-wise %share of GSDPµ -Odisha Socio Economic Survey 2017-18 11 ODISHA For updated information, please visit www.ibef.org
ECONOMIC SNAPSHOT – PERCENTAGE DISTRIBUTION OF GSVA Gross State Value Added by economic activity at current basic In 2017-18, the tertiary sector contributed 45.25 per cent to the prices state’s GSVA at current prices, followed by the secondary sector (27.05 per cent) and the primary sector (27.70 per cent). 100% 38.54% CAGR* 45.25% 90% At a CAGR* of 12.58 per cent, the tertiary sector has been the fastest growing among the three sectors from 2011-12 to 2017-18F. 80% 12.58% The growth has been driven by trade, transport, storage, 70% communication & services related to broadcasting and other 60% services. 31.57% 50% 27.05% The primary sector grew at a CAGR* of 8.23 percent between 2011- 40% 12 and 2017-18. 6.83% 30% The secondary sector grew at a CAGR* of 6.83 per cent between 29.89% 27.70% 20% 2011-12 and 2017-18. This was driven by manufacturing, construction and electricity, gas & water supply. 10% 8.23% 0% 2011-12 2017-18 Primary Secondary Tertiary Note:-* in Rs terms Source: Directorate of Economics & Statistics of Odisha, Central Statistics Office, Aranca Research Sector-wise %share of GSDPµ -Odisha Socio Economic Survey 2017-18 12 ODISHA For updated information, please visit www.ibef.org
ECONOMIC SNAPSHOT – FDI INFLOWS & INVESTMENTS According to the DIPP, cumulative FDI inflows in the state during Cumulative FDI inflows from April 2000 (US$ billion) April 2000 to December 2017 stood at US$ 425 million. Odisha is aiming to facilitate growth in the manufacturing sector with 450 425 416 398 403 an yearly increase of 15 per cent till 2020. As per the state 400 388 government investment plans, the contribution of manufacturing 341 350 sector in the overall GSDP of the state is projected to reach 27 per 300 289 cent by 2020. 250 To increase the employment opportunities in the state, Odisha 200 government has announced plans to invest US$ 28.69 billion in the manufacturing sector generating nearly 3 lakh job opportunities by 150 2020. 100 50 In line with the Centre's ambitious & flagship ‘Make in India’ initiative to develop the country as a manufacturing hub, the Government of 0 2014-15 2011-12 2012-13 2013-14 2015-16 2016-17 2017-18 Odisha bagged investment commitments worth US$ 30.54 billion during the ‘Make in Odisha’ conclave. Note: 2017-181 : Up to December 2017 Source: Department of Industrial Policy & Promotion, Economic Survey of Odisha, News articles 13 ODISHA For updated information, please visit www.ibef.org
ECONOMIC SNAPSHOT – EXPORT TRENDS According to the Ministry of Commerce & Industry, total exports from Export trends* (US$ billion) Odisha in 2016-17 were valued at US$ 6.1 billion. Value of exports from the state increased at a CAGR of 32.95 per cent between 2012- CAGR 32.95% 13 and 2016-17. 7.0 The growth has mainly been on account of increase in the value of 6.0 6.1 exports of iron ore, bulk minerals and ores, residual chemical and allied products, iron and steel, aluminium and products of aluminium 5.0 and petroleum products 4.0 The Government of Odisha has recognized various sectors for the promotion & facilitation of the exports from the state. High preference 3.0 3.1 2.8 2.9 sectors for Odisha are agriculture & processed food products, 2.0 readymade garments, electronics, IT, engineering goods, arts & 1.95 crafts & minerals & mineral based products. 1.0 The state government has forecasted that it may ramp up its export 0.0 turnover to Rs 1 trillion (US$ 15.45 billion) by implementing the new 2012-13 2013-14 2014-15 2015-16 2016-17 export strategy by the end of 2025. Note: 2017-18 export data may be released in Economic Survey of Odisha 2018-19 Source: * as per Economic Survey of Odisha 2017-18, Ministry of Commerce and Industry, Government of India, News articles 14 ODISHA For updated information, please visit www.ibef.org
ODISHA PHYSICAL INFRASTRUCTURE
PHYSICAL INFRASTRUCTURE – ROADS Odisha is well connected to its neighbouring states & other parts of Road type Road length* (km) (as of 2015-16) India through 41 national highways. The state had a road density National highways 5,413* of 164 km per 100 square km of area. State highways 4,100.63 Odisha has around 254,845.32 km of roads, including 5,413 km of District roads 16,270.92 national highways & 4,148.82 km of state highways. In the 2018-19 state budget, Odisha government focused on overall road development by allocating funds towards various schemes and programs as listed in the table below: Schemes/Programs/Projects Funds allocated Rs 2,900 crore (US$ Pradhan Mantri Gram Sadak Yojana (PMGSY) 449.96 million) Rs 400 crore (US$ Mukhya Mantri Sadak Yojana 62.06 million) State Highway Development Programme Rs 350 crore (US$ (SHDP) 54.30 million) Rs 400 crore (US$ Central Road Fund projects 62.06 million) Rs 100 crore (US$ Biju Expressway 15.52 million) Rs 100 crore (US$ “Connecting Unconnected Villages” Scheme 15.52 million) Note: *-*Total NH length as on Feb, 2018 Source: * as per Economic Survey of Odisha 2017-18, National Highways Authority of India, Odisha Budget – 2018-19 16 ODISHA For updated information, please visit www.ibef.org
PHYSICAL INFRASTRUCTURE – RAILWAYS Odisha serves as a link between eastern & western India through the railway network of the South Eastern Railways & the East Coast Railways. Odisha falls in the East Coast Railways region. Its major divisions are Khurda Road, Sambalpur & Waltair, with district headquarters in Bhubaneswar. In the State Budget 2018-19, the government has deployed Rs 400 crore (US$ 62.06 million) for development of Railway projects and Rs 20 crore (US$ 3.10 million) is allocated to complete the railway projects of strategic Importance through SPVs. In May 2018, the government is planning to set up integrated coach factory to manufacture aluminium body train sets in Odisha . Source: Maps of India Source: Economic Survey of Odisha, News articles 17 ODISHA For updated information, please visit www.ibef.org
PHYSICAL INFRASTRUCTURE – AIRPORTS Biju Patnaik Airport, is located in the state capital, Bhubaneswar. In November 2013, the airport was declared an international airport by the Ministry of Civil Aviation. Direct links are available from Bhubaneswar to destinations such as New Delhi, Kolkata, Chennai, Nagpur, Mumbai & Hyderabad. In addition, there are 17 airstrips & 16 helipads at several places in the state. The Airports Authority of India (AAI) has proposed construction of another international airport in Odisha due to the rising air traffic. The proposed airport will require 1,500-2,000 acres of land and will be built on PPP mode. In February 2018, government decided to allocate 1.47 acres additional land free of cost to the AAI for the expansion of the Jharsuguda Air strip. Bhubaneswar Airport Statistics Parameter 2013-14 2014-15 2015-16 2016-17 2017-18 Aircraft movement (nos.) 11,752 12,512 14,036 17,078 23,155 Passenger traffic (million) 1.34 1.49 1.89 2.33 3.25 Freight handled (tonnes) 4,022 5,950 7,002 8,239 7,843 Source: AAI 18 ODISHA For updated information, please visit www.ibef.org
PHYSICAL INFRASTRUCTURE – PORTS Commodity-wise traffic handled at Paradip port Paradip port is one of the major ports in Odisha. It is connected with Commodity 2015-16 2016-17 2017-18 2018-191 the broad-gauge rail link of the East-Coast Railway & is also served Coal 52.60% 40.60% 41.50% 48.80% by National Highway-5A. Petroleum, oil & 26.60% 31.10% 33.10% 25.10% lubricants Total traffic handled from Paradip port increased 11.12 per cent to Others 13.60% 9.10% 7.50% 9.90% 8.2 million tonnes in April 2018. Iron 1.00% 12.40% 11.90% 8.70% During April 2018, Union Minister drafted a blue print for port-led Fertilisers 6.00% 5% 4.40% 5.50% development in Paradip under Sagarmala project .This includes 40 Container 0.20% 0.10% 0.10% 0.20% projects which is estimated to cost around Rs 91,000 crore (US$ 14.12 billion). Total traffic handled from Paradip port (‘000 tonnes) 2014-15 2015-16 2016-17 2017-18 2018-191 71,011 76,390 88,950 102,013 8,151 Ports in Odisha Major ports Paradip Gopalpur Minor ports Dharma Note: 1 – Up to April 2018 Source: India Ports Association 19 ODISHA For updated information, please visit www.ibef.org
PHYSICAL INFRASTRUCTURE – POWER Odisha is the first state in the country to bring in power sector reforms. Installed power capacity (MW) As of April 2018, Odisha accounted for a total installed power 10,000 generation capacity of 7338.42 MW, comprising 2,488.22 MW under 9,421.52 9,000 state utilities, 3,117.30 MW under the private sector & 1,732.90 MW 9,036.36 8,538.27 under central utilities. 8,000 7,721.80 Of the total installed power generation capacity, 4,992.90 MW was 7,000 7,338.42 7,338.42 6,946.30 contributed by thermal power, 2,150.92 MW by hydropower & 194.60 6,000 5,996.30 MW by renewable power. 5,378.60 5,000 An outlay of Rs 530 crore (US$ 82.23 million) has been allocated to 4,000 establish new 33 x 11 sub-stations under Odisha Distribution System Strengthening Programme (ODSSP). 3,000 As per Budget 2018-19, the state government has made provision of 2,000 Rs 125 crore (US$ 19.39 million) to facilitate 24X7 power supply 1,000 under State Capital Region Improvement of Power System (SCRIPS). 0 2010-11 2011-12 2012-13 2013-14 2015-16 2016-17 2017-18 2018-19* 2014-15 Note: *As of April 2018 Source: Central Electricity Authority , State Budget 2018-19 20 ODISHA For updated information, please visit www.ibef.org
PHYSICAL INFRASTRUCTURE – TELECOM As of February 2018, the state had an overall tele-density of 78.58 Telecom Infrastructure (As of February 2018) per cent. Wireless subscribers 33,616,783 According to the Telecom Regulatory Authority of India (TRAI), Wireline subscribers 276,286 Odisha had 33.62 million wireless subscribers and 276,286 wire-line subscribers, as of February 2018. Internet subscribers* 10,440,000 By the end of February 2018, 6,848,257 subscribers had submitted Tele density (in %) 78.58 requests for mobile number portability in Odisha. Performance status of Bharat Net project (as of December 2017) Major telecom operators in Odisha Bharat Sanchar Nigam Limited (BSNL) No. of GPs in Phase-I 3,8602 Bharti Airtel Pipe laid (kms.) 8,1212 Vodafone Essar Cable laid (kms.)^ 9,937 Reliance Communications IDEA Cellular GPs for which cable laid^ 3,498 Aircel Limited No. of GPs Lit 5172 Tata Teleservices Note: 2As of July 2017,^as on April 2018 Source: Telecom Regulatory Authority of India, Department of Telecommunications, *As of December 2017 21 ODISHA For updated information, please visit www.ibef.org
PHYSICAL INFRASTRUCTURE – URBAN Bhubaneswar, Odisha’s capital, has secured a spot in the list of world’s Classification of AMRUT Cities in Odisha on the basis of top 20 smart cities in 2017. The ranking has placed the city at the 13th population position in terms of safety and 20th in three other parameters viz. Number of AMRUT cities with population mobility, healthcare and productivity. In budget 2018-19, the state 9 less than 1 million government allocated Rs 400 crore (US$ 62.06 million) under “Smart Number of AMRUT cities with population Cities Mission”. 0 in the range of 1 – 10 million Number of AMRUT cities with population Government of India has approved 5,133 affordable houses in 26 cities greater than 10 million 0 of Odisha with an investment of Rs 156 crore (US$ 24.10 million) of Total number of AMRUT cities 9 which central government would contribute 77 crore (US$ 11.89 million). As per the State Budget 2018-19, the Government of Odisha has allocated an amount of Rs 5,162 crore (US$ 800.93 million) under the Housing and Urban Infrastructure Department. Source: JNNURM, Ministry of Urban Development, Government of India, News articles , UIDSSMT: Urban Infrastructure Development Scheme for Small and Medium Towns, State Budget 2018-19 22 ODISHA For updated information, please visit www.ibef.org
ODISHA SOCIAL INFRASTRUCTURE
SOCIAL INFRASTRUCTURE – EDUCATION Educational infrastructure (2016-17) Odisha primary education statistics (2016-17) Medical Colleges (Pvt+ Govt.) 8 Primary: 36,318 Number of schools Upper primary: 23,096 Dental colleges (Pvt+ Govt.) 4 High schools: 9,873 Primary: 4.20 Engineering colleges (Pvt+ Govt.) 123 School-dropout rate (%) Upper primary: 5.15 High Schools: 5.21 MCA colleges (Pvt+ Govt.) 41 Primary: 23:1 Pupil-teacher ratio MBA colleges (Pvt+ Govt.) 62 Upper primary: 23:1 Net-enrolment ratio in schools Primary: 88.47 Polytechnics/engineering schools 117 (%) Upper primary: 83.36 The major universities in the state are Utkal University & Biju Patnaik University of Technology; popular colleges are Orissa Engineering College & Sriram Chandra Bhanj Medical College. The state is also home to premier institutions such as National Institute of Technology (NIT) Rourkela, Xavier Institute of Management & National Institute of Science Education & Research. Note: 2017-18 primary education statistics and educational infrastructure may be released in Economic Survey of Odisha 2018-19 Source: Economic Survey of Odisha 2017-18, University Grants Commission, MCA: Master of Computer Applications, MBA: Master of Business Administration, OBC: Other Backward Class, SEBC: Socially and Educationally Backward Class 24 ODISHA For updated information, please visit www.ibef.org
SOCIAL INFRASTRUCTURE – HEALTH Health indicators (2016) Health infrastructure (January 2018) 1 Population served per hospital bed 1,386 Active primary health centres 1,363 2 Birth rate 18.6 Active sub centres 6,691 2 Active community health centres 420 Death rate 7.8 Active district hospitals 38 3 Infant mortality rate 44 Active sub district hospitals 27 Life expectancy at birth (year) Male (2011-15) 64.3 Female (2011-15) 67.3 In March 2018, the state government approved setting up of 19 hospitals in the state. Establishment of these hospitals will be done under PPP mode and is expected to require private sector investments worth Rs 1,150 crore (US$ 177.63 million). Under plan and non plan expenditure, US$ 589.53 million has been allocated for the Health and Family Welfare Department in the state budget 2017-18. Odisha State Medical Corporation (OSMC) is established by the Government of Odisha to supply free of cost drugs to the health facilities in Odisha. In December 2017, the state government signed four MOUs with Glocal Health Care Systems Pvt Ltd, Centre for Stem Cell Research of Christian Medical College, Narayana Hrudayalaya and LV Prasad Eye Institute to improve healthcare facilities and provide better services in the state. Note: 1As of 2014-15, 2Per thousand persons, 3Per thousand live births, PPP – Public Private Partnership Source: Central Bureau of Health Intelligence, Government of India, Ministry of Health and Family welfare, Economic Survey of Odisha 2017-18, SRS Bulletin 25 ODISHA For updated information, please visit www.ibef.org
ODISHA INDUSTRIAL INFRASTRUCTURE
INDUSTRIAL INFRASTRUCTURE … (1/2) As a part of the state government-enacted Orissa Industries Key Industrial zones (Facilitation) Act, 2004, a single-window clearance system was Talcher-Angul Gopalpur-Chatrapur implemented in the state. This was done with the aim of facilitating Kalinganagar-Duburi Paradip-Jagatsinghpur the growth of industries and creating an attractive environment for Bhubaneswar-Khurda Jharsuguda-Brajarajnagar both domestic and international investments. Rayagada-Sunabeda Investment intentions filed in the state stood at US$0.12 billion from January 2018 to March 2018. Investment intentions in terms of IEMs filed, LOIs / DILs issued As per Budget 2018-19, the government has allocated an outlay of Year Number Proposed Investments (US$ billion) Rs 312 crore (US$ 48.41 million) for Industries Department ,mainly towards pending benefits under IPR. Also,the state government has 2013 40 16.37 allocated Rs 5 crore (US$ 0.78 million) to support Odisha Start Up 2014 27 4.68 policy. 2015 23 4.02 2016 36 3.49 2017 31 1.08 2018* 9 0.12 Note:-* January to March 2018 Source: Economic Survey of Odisha 2017-18, DCO – Odisha Industrial Infrastructure Development Corporation, MoU – Memorandum of Understanding DIPP, IEM: Industrial Entrepreneur Memoranda, LOI: Letters of Intent; DIL: Direct Industrial Licenses 27 ODISHA For updated information, please visit www.ibef.org
INDUSTRIAL INFRASTRUCTURE…(2/2): SEZs AND INDUSTRIAL ESTATES The state has 16 SEZs as of December 2017, of which, four are operational, five are notified & seven are formally approved. The state has 2 operational IT SEZ with 1 located in Bhubaneswar & the other located in Jatni Tehsil, as of December 2017. Odisha also has 1 operational SEZ for production & export of aluminium and 1 for mineral-based industries. IDCO is the main developer for forty per cent of the formally approved SEZs. The state has 86 industrial estates. Formally approved SEZs (As of December 2017) Operational SEZs in Odisha (As of December 2017) Industry Location SEZs (No) Industry Location SEZs (No) Orissa Industrial IT/ITeS Khurda 3 Infrastructure Bhubaneswar IT Development Corporation Multiproduct Ganjam 1 (IDCO) Orissa Industrial Metal based SEZ Jajpur 1 Infrastructure IT (Knowledge Jatni Development Corporation Park) (IDCO) Mineral based industries Ganjam 1 Vedanta Aluminium Brundamal and Manufacture and Limited Kurebaga villages export of aluminium Manufacture & export Jharsuguda 1 Saraf Agencies Private Chhatrapur, Mineral-based Of aluminium Limited Gunjam district industries Source: Ministry of Commerce & Industry, Government of India, IDCO – Odisha Industrial Infrastructure Development Corporation 28 ODISHA For updated information, please visit www.ibef.org
ODISHA KEY SECTORS Metals & Mining Agriculture IT/ ITeS & Electronics Tourism
KEY SECTOR – METALS & MINING…(1/2) Odisha is one of India’s richest states in terms of mineral reserves. Mineral revenue in Odisha (US$ million) The mineral belt is spread over an area of more than 6000 sq km. 1,100 Moreover, the state accounts for more than 35 per cent of total iron 1,000 1,046 978 900 916 ore resources of the country. The key minerals found in the state are 886 885 800 iron, coal, bauxite, manganese, nickel, chromite, limestone, dolomite, 700 765 730 600 graphite, decorative stones, beach sand, china clay, tin ore, etc. 500 400 Odisha is considered to be the aluminium capital of India and is an 300 200 ideal location for setting up aluminium and aluminum-based 100 companies due to the presence of more than half of the country’s 0 2016-17 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 bauxite reserves, in the state, and presence of Vedanta, Hindalco and NALCO in Odisha. Odisha being one of the largest producers of iron and steel in the country, accounts for 10 per cent share in the MINERAL PRODUCTION (2017-18*) nation’s steel production. Minerals Production Under State Budget 2018-19, Government has proposed an outlay of Coal (‘000’tonnes) 99,578 Rs 114 crore (US$ 17.69 million) for the mining sector including Rs Bauxite (tonnes) 8,843,796 31 crore (US$ 4.81 million) for Integrated Mines, Mineral & Chromite (tonnes) 1,989,195 Management System (i3MS) and Rs 18 crore (US$ 2.79 million) for Iron Ore (total) (‘000’tonnes) 77,317 Mineral Exploration & Auction. Manganese Ore (tonnes) 382,585 Sulphur (tonnes) 190,762 Note: * - April-December 2017 Source: Ministry of Mines, Government of India, Department of Steel & Mines, Government of Odisha 30 ODISHA For updated information, please visit www.ibef.org
KEY SECTOR – METALS & MINING … (2/2) Key players OMC was established in 1956 to explore and harness the mineral wealth of Odisha. In 1961, it became a state- owned corporation of the Government of Odisha. OMC has reserves of around 654.9 million tonnes of iron ore, 6.3 million tonnes of manganese-ore, 25.3 million tonnes of chromite, 19.6 million tonnes of limestone and other Orissa Mining minerals. OMC has 35 mining leases (chromite - 11, iron - 11, iron & manganese - 5, manganese - 3, limestone - 1 Corporation Ltd and gemstone - 4). Mahanadi Coalfields Limited is one of the major coal producing company of India. It is an eight subsidiaries of Coal India Limited and was formed in April 1992. It has two coalfields at Talcher & IB Valley in Odisha. Mahanadi Coalfields Ltd (MCL) Rungta Mines Limited is the flagship company of the S R Rungta Group. The company specialises in mining iron- ore and manganese ore. it is also involved in mining of limestone, dolomite, fireclay and bauxite.The company has one million tonne cement plant in Odisha, which will involve an investment of US$ 126.5 million. Rungta Mines Ltd 31 ODISHA For updated information, please visit www.ibef.org
KEY SECTOR – AGRICULTURE…(1/2) Odisha's main agriculture products are rice, pulses, oilseeds, Agriculture production in Odisha – ‘000 tonnes (2017-18)1 vegetables, groundnut, cotton, jute, coconut, spices, sugarcane, Rice* 7,619.00 potato and fruits. There is a vast scope for agro-based industries for rice, lentils, edible oil-milling, dehydration of vegetables, maize- Pulses 429.90 milling, cattle and poultry rearing, cotton oil, potato chips, coconut oil, Fruits 2,433.61 sugar mills, mushroom cultivation, non-edible oils and others. Vegetables 8,768.77 Flowers 7.24 The production of fruits and vegetables is estimated to have reached Aromatic 0.61 2.43 million tonnes and 8.77 million tonnes in 2017-18, respectively. Spices 202.97 The production of rice in the state is estimated to have reached 7.62 Plantation crops 334.20 million tonnes in 2017-18. Honey 1.26 As per Budget 2018-19, an amount of Rs 4,511.16 crore (US$ Requirement, availability and sales of fertilizers in Odisha 699.95 million) has been allocated to the Department of Agriculture (‘000 MT) (during the month of March 2018E) and Farmers’ Empowerment. Further, for increasing the supply of Fertilizer Requirement Availability Sales fertilizers in the state, a new scheme-“Grant to State procurement agencies” is being planned for providing financial support to Urea 31.0 42.50 41.78 procurement agencies, in order to fulfil their handling charges. DAP 13.00 22.04 15.26 MOP 8.50 11.07 8.44 NPK 25.70 40.32 13.56 Note: 1-1st Adv. Est..*2nd Adv. Est. Source: Department of Agriculture, Cooperation & Farmers Welfare, Government of India 32 ODISHA For updated information, please visit www.ibef.org
KEY SECTORS– AGRICULTURE … (2/2) Key players The company was established in the year 1961 and has a average capacity to crush 19,000 tonnes of sugarcane a day. The company has four crushing units, three units are located in Tamil Nadu while one in Dhenkanal district. The Odisha plant has sugarcane processing capacity of 2500 tonnes per day. Sakthi Sugars Ltd The company was established in the year 1963. Its plant is located in Aska town of the Ganjam district in Odisha, 170 km from Bhubaneswar. The cooperative employs 900 people and provides livelihood to 20,000 sugarcane Aska Cooperative Sugar growers in the area. Presently, the plant has a crushing capacity of 2,500 tonnes per day. Industries Ltd IFFCO produces and distributes fertilizers to farmers and member co-operatives in India. Its products include urea and fertilisers, indigenous seeds and chemicals. The Odisha plant is situated at the Bhubaneswar - Paradeep National Highway ,which can produce 2 Million TPA DAP/NPK, 7000 TPD of Sulphuric Acid and 2650 TPD of Indian Farmers Fertiliser Phosphoric Acid. Cooperative (IFFCO) 33 ODISHA For updated information, please visit www.ibef.org
KEY SECTORS – IT/ITeS AND ELECTRONICS … (1/2) The IT sector is dominated by over 300 SMEs. The sector employs around 12,000 software professionals. In order to attract ICT investments, the centre is considering a mega project in Bhubaneswar, Odisha. During 2016-17 it has provided employment for 4,786 people. In May 2018, Odisha government has inked an agreement with AISECT, to offer skill-based education and to provide vocational training in 44 schools, which is expected to benefit 1,800 students. The state has an ample talent pool to cater to the needs of this industry. It produces 40,000 technical & management professionals & 50,000 general graduates every year. The state government announced plans to spend US$ 663.57 million by 2020 for the development of IT/ITeS/ESDM sector of Odisha, with an aim to create more than 100,000 job opportunities through this investment. Increased demand from IT giants such as TCS, Infosys & Wipro is expected to generate 30,000 jobs in the state. Policy initiatives and statutory framework To develop IT/ITES/ESDM industries in the state of Odisha and to promote start-ups , Products and R&D /Innovation Firms, Incubation Centres in Educational Institutions & Private sector, Electronic System Information and Communication Design and Manufacturing (ESDM), Entertainment IT (Visual Effects, Animation, Gaming) , Mega IT Technology Policy (ICT), 2014 Projects, Level II Cities , T Parks/IT SEZs/IT Clusters .The government is incentivising by providing Entry Tax Exemption (during construction) for a period of 3 years and IT/ITES/ESDM industries to be provided with separate SEZs. The government of Odisha has given importance to the ESDM by providing it with subsidies and special Special Incentive Package Scheme incentive packages such as training subsidy ,100% VAT reimbursement for a period of 5 years for ESDM Exemption on entry tax on machinery and equipment. This policy considers IT and ESDM on top priority by offering incentives to attract investments and The Industrial Policy Resolution promote economic growth in the state of Odisha. 2015 Source: Invest Odisha 34 ODISHA For updated information, please visit www.ibef.org
KEY SECTOR– IT/ITeS AND ELECTRONICS … (2/2) Key players Infosys was set up in 1981. It has presence in the areas of IT consulting, modular global sourcing, process re-engineering and BPO services. The company has international operations in countries such as Australia, China, Japan, UK, Germany, the US and marketing and technological alliances with Informatica, IBM, HP, Microsoft, Oracle, etc.. In Odisha, it has a world-class development centre at Bhubaneswar which anchors Infosys’ relationships with clients from Canada, Europe and North Infosys Ltd America. TCS is among the leading Indian IT services, business solutions and outsourcing companies.TCS employs over 387,000 people worldwide with a presence in 55 countries. It has operations in Odisha (in Bhubaneswar) since 2001. Tata Consultancy Services (TCS) Established in 1945, it has presence in the areas of IT services, product engineering, technology infrastructure services, BPO and other consulting solutions. The company provides services such as application development, deployment and maintenance, business intelligence and Customer Relationship Management (CRM). In February 2008, the company set up a development centre in Bhubaneswar. Wipro Ltd Established in 2001, Orisys Infotech is a software development company, which offers services from system applications to business application development. It is involved in a variety of services, such as software development, web solutions, e- commerce, multimedia and search engine optimization. The company is based in Bhubaneswar. Orisys Infotech Pvt Ltd 35 ODISHA For updated information, please visit www.ibef.org
KEY SECTOR– TOURISM Total tourist arrivals in Odisha (millions) Hotel Infrastructure in Odisha 16.0 No. of No. of No. of No. of No. of 14.0 Year Hotels Hotels Hotels Rooms Beds (HSG) (MSG) (LSG) 14.11 12.0 12.90 11.80 10.0 10.80 9.80 8.0 2013 306 356 923 33,349 65,967 9.10 8.33 7.64 6.0 4.0 2014 334 399 956 35,373 70,600 2.0 0.0 2015 2010 2011 2012 2013 2014 2015 2016 2017 383 455 921 36,382 73,086 2016 433 474 916 37,674 75,152 Bhubaneswar, the capital city of the state, is known as the temple city of India & is home to about 500 temples. Puri, Bhubaneswar & Konark are the main centres for religious tourism. In 2017, 140,11,229 domestic tourists & 1,00,014 foreign tourists visited the state of Odisha. Odisha has vast potential for development of tourism. It is one of the critical sectors of the state’s economy, in terms of foreign exchange earnings as well as employment generation opportunities. As of March 2017, 357 places of Odisha have been recognized as major tourist attractions. Under State Budget for 2018-19, an investment of Rs 213.16 crore (US$ 33.07 million) is proposed for the growth and development of the tourism sector, which also includes an out lay of Rs 11 crore (US$ 1.71 million) for Baristha Nagarika Tirtha YatraYojana Source: Economic Survey of Odisha 2017-18, Tourism Report, Government of Odisha, Ministry of Tourism, Government of India 36 ODISHA For updated information, please visit www.ibef.org
ODISHA KEY PROCEDURES & POLICIES
SINGLE–WINDOW CLEARANCE MECHANISM… (1/2) Investments handled Under the chairmanship of Nodal agency Greater than High-level clearance Chief Minister of Odisha US$ 219.4 million authority Industrial Promotion and Investment Corporation of Odisha (IPICOL) (Team Odisha): State-level Between State-level single-window US$ 10.9 and Chief Secretary clearance authority US$ 219.4 million Less than District-level single-window District Industries District Collector Centre US$ 10.9 million clearance authority 38 ODISHA For updated information, please visit www.ibef.org
SINGLE-WINDOW CLEARANCE MECHANISM … (2/2) The government enacted the Orissa Industries Facilitation Act, 2004, for implementing the single-window clearance system for faster and one- point clearance of industrial projects, single-point dissemination of industrial project related information and streamlining inspection of industries by different agencies and authorities. The District-level Single-Window Clearance Authority works under the chairmanship of the District Collector for projects involving investment less than US$ 10.9 million. The State-level Single-Window Clearance Authority is chaired by the Chief Secretary of the state for projects involving investment of US$ 10.9 million or more, but less than US$ 219.4 million. A High-level Clearance Authority chaired by the Chief Minister of Odisha examines and considers proposals for industrial and other projects involving investment of US$ 219.4 million or above. 39 ODISHA For updated information, please visit www.ibef.org
KEY INVESTMENT PROMOTION OFFICES … (1/3) Agency Description IPICOL is a key promotional institution. It was incorporated in 1973 with the main objective of Industrial Promotion and Investment accelerating the pace of industrial development by promoting large and medium scale industries. Corporation of Odisha Limited In 2014-15, the IPICOL received 26 combined application forms for setting up projects with an (IPICOL) investment of US$ 11.97 billion. Industrial Development Corporation of Orissa IDCOL was established in 1962 to promote, establish and run industries in the state. Limited The corporation, since its inception, has set up 15 industrial units across sectors including (IDCOL) cement, ferrochrome, pig iron and spun pipe. IDCO was established with the objective of providing infrastructure assistance for rapid establishment and orderly growth of industry in Odisha. Orissa Industrial Infrastructure Development Corporation The corporation is engaged in multiple activities that foster rapid industrialisation in the state by developing industrial infrastructure. (IDCO) In 2012-13, IDCO allotted 352.530 acres of land and sheds to 14 new industrial estates/areas across the state. APICOL’s aim is to strengthen the rural economy by providing financial support for promotion Agricultural Promotion and Investment and development of agro-based and food-processing industries. Corporation of Odisha Limited APICOL provides subsidy to the agro-processing and food-processing units in the state. (APICOL) In 2009-10, the corporation promoted 145 commercial agro-enterprises with an aggregate investment of about US$ 24,38,619.77 . 40 ODISHA For updated information, please visit www.ibef.org
KEY INVESTMENT PROMOTION OFFICES … (2/3) Agency Description OSFC is a premier state-level financial institution that was established in 1956 to cater to the needs of industrial development in the state. Orissa State Financial Corporation It provides financial assistance to small and medium scale industries in consortium with state- (OSFC) level financial institutions. Besides, the corporation also receives financial assistance from the state and central governments, and provides soft loans and margin money for rehabilitation of sick industrial units. OPDC is the only public sector undertaking in the fishery sub-sector and aims at carrying on Orissa Pisciculture Development Corporation business in pisciculture in brackish water areas, freshwater ponds and other water sources. Limited (OPDC) It has launched a number of projects such as supplying fishnet, fuel and fish seeds for the economic development of fishermen. DEPM has been set up to promote export of goods from Odisha and to provide marketing assistance to SSI units of the state. Directorate of Export Promotion & Marketing It disseminates market intelligence, oversees enquiries related to tenders and trade from existing (DEPM) and potential exporters and entrepreneurs. It provides guidance in export processing, pricing of export items and on different incentives for exports, granted by the Government of India. OSIC was established in April 1972, with the main objective of aiding and assisting SSI units in the state for their sustained growth and development. Odisha Small Industries Corporation Ltd (OSIC) The corporation has been extending help for marketing support, financial assistance on purchase of raw materials, providing sub-contracting opportunities in the construction sectors and also rendering various other services to SSI units. 41 ODISHA For updated information, please visit www.ibef.org
KEY INVESTMENT PROMOTION OFFICES … (3/3) Agency Description Established in 1956, OSCHC is the primary authority engaged in encouraging exporters, The Orissa State Cooperative Handicrafts enlarging marketing opportunities, introducing new design and technology and strengthening the Corporation (OSCHC) production base in the handicrafts sector. Orissa State Electronics Development OSEDC was established in 1981 as the nodal organisation in the state for promotion of Corporation (OSEDC) electronic industries, both in hardware and software. GRIDCO is a Government of Odisha undertaking and was incorporated in April 1995 for power transmission. Grid Corporation of India Limited In 2005, GRIDCO’s transmission-related activities were transferred to Orissa Power (GRIDCO) Transmission Corporation. Now, GRIDCO is a trading company and is involved in the bulk sale of power to the four power distribution companies in Odisha. It also trades surplus power with neighboring states. OSPCB is responsible for managing hazardous waste, bio-medical waste, municipal solid- waste, recycled plastics, batteries as well as manufacture, storage and import of hazardous Orissa State Pollution Control Board chemicals. (OSPCB) Its functions are broadly classified under areas such as enforcement, advisory, monitoring, research and facilitation. 42 ODISHA For updated information, please visit www.ibef.org
CONTACT LIST Agency Description Killa Maidan, Cuttack-753 001 Phone: 91-0674-2536640 Directorate of Industries Fax: 91-0674-2536819 E-mail: diorissa@ori.nic.in Website: http://diodisha.nic.in/ IPICOL House, Janpath, Bhubaneswar-751 022 Phone: 91-0674-2542 601 Industrial Promotion and Investment Fax: 91-0674-2543 766 Corporation of Odisha Limited (IPICOL) E-mail: info@ipicolodisha.com Website: http://www.ipicolorissa.com/ 43 ODISHA For updated information, please visit www.ibef.org
KEY APPROVALS REQUIRED Timelines for approvals and clearances Department Timeline Incorporation of company Registrar of Companies Registration/Industrial License/Industrial Entrepreneurs District Industries Centres for SSI, Secretariat for Industrial Assistance (Government of Memorandum (IEM) India) for Large and Medium Industries Allotment of land Industrial Infrastructure Development Corporation (IDCO) a) IDCO Permission for land use b) Department of Town and Country Planning (In case industry is located outside an industrial area) c) Local authority/District Collector No-Objection Certificate (NOC) and consent under Orissa State Pollution Control Board (OSPCB) Water and Air Pollution Control Act Forest and environment clearance Ministry of Forest & Environment, Government of India Approval of construction activity and building plan Concerned Development Authority Distribution Companies- CESU, NESCO, SOUTHCO, WESCO Sanction of electricity Transmission Company- Orissa Power Transmission Corporation Limited (OPTCL) Water supply Department of Water Resources Factory and boiler clearance Chief Inspector of Factories and Boilers Orissa State Financial Corporation (OSFC), IPICOL, Commercial Banks such as IDBI, Finance ICICI, State Bank of India, etc. Orissa Value Added Tax (VAT) Act, and Central and Commercial Tax Department and Central and State Excise Department State Excise Act 44 ODISHA For updated information, please visit www.ibef.org
COST OF DOING BUSINESS IN ODISHA Cost parameter Cost estimate Land (per sq m) US$ 2 to US$ 15 Office space rent (per sq ft per month) US$ 0.2 to US$ 2 Residential rent (for a 2,000 sq ft house, per month) US$ 200 to US$ 400 Five-star hotel room (per night) US$ 200 to US$ 450 Power cost (per kwh) Industries: US 7.5 cents to US 10.4 cents Labour cost (minimum wage per day) US$ 2.5 to US$ 3.41 Source: Ministry of Labour and Employment, Government of India, Industry sources 45 ODISHA For updated information, please visit www.ibef.org
STATE ACTS & POLICIES … (1/4) Objectives Excise Policy 2017-18 To adopt excise duty, fee structure and guidelines for the settlement of excise shops and establishments. Read more Export Policy 2017 To provide necessary support to exporting industries with the aim of providing a boost to exports. (Draft) To establish a institutional mechanism for regular dialogue with export sector. Read more Odisha Mobile Towers, To streamline the process of application and grant of permission for telecom infrastructure within specified time OFC and related lines. Telecom Infrastructure Policy, 2017 To facilitate establishment of modern telecommunication infrastructure to provide high speed internet. Read more To create an environment conducive to public/private/community participation and investments in renewable Renewable Energy energy Policy 2016 To facilitate R&D and development of manufacturing units in the renewable energy sector. Read more MSME Development To encourage new manufacturing capacity based on improved competitiveness. Policy 2016 To facilitate MSMEs in accessing domestic and export markets. Read more 46 ODISHA For updated information, please visit www.ibef.org
STATE ACTS & POLICIES … (2/4) Objectives To promote sustainable tourism with a view to create employment opportunities and to bring about socio-economic benefits to the community. Odisha Tourism Policy 2016 To give high priority to development and promotion of prime tourism products, conservation of heritage, etc . Read more To develop a world class “Start-up Hub” in Odisha by 2020 To create a strong institutional framework for effective implementation, monitoring and evaluation of this policy STATE ACTS & POLICIES … (2/4) Odisha Startup Policy - 2016 To create an enabling environment and supporting eco-system that facilitates at least 1,000 startups in the next five years Read more Industrial Policy To revolutionise the state of Odisha into a dynamic industrialised territory. Resolution (IPR) 2015 To attract investments and promote economic growth in the state of Odisha. Read more Special Economic Zones To encourage domestic as well as foreign investments in the state of Odisha. Policy 2015 To promote economic activities in the state and increase exports from SEZs in Odisha. Read more Entrepreneurship To bring about a change in the mind-set regarding entrepreneurship through elimination of negative biases towards Development Policy the sector. 2015 To support start-ups in the state by providing infrastructure facilities, marketing assistance and credit. Read more 47 ODISHA For updated information, please visit www.ibef.org
STATE ACTS & POLICIES … (3/4) Objectives Information & Communication Development of new IT/ITeS locations across the state through upgradation of the IT infrastructure by setting up IT Technology (ICT) Policy parks. 2014 Read more The State Reservoir Tapping the potential of aquaculture to contribute to food and nutritional security. Fishery Policy 2014 Boosting the public-private partnership investment across the sector. Read more To promote the use of solar energy in the state in order to support development and address the problem on Odisha Solar Policy 2013 energy security. Read more Odisha State Urban To provide universal access to potable piped water supply on 24/7 basis at an affordable price and in an equitable, Water Supply Policy, sustainable and an eco-friendly manner with verifiable service level bench mark for citizens in urban areas of the 2013 State. Read more Equal opportunity and experience to enable youth for developing knowledge, skills and competencies to play an State Youth Policy 2013 active role in all aspects of the society Read more 48 ODISHA For updated information, please visit www.ibef.org
STATE ACTS & POLICIES … (4/4) Objectives State Agriculture Policy To bring in a shift from the present level of subsistence agriculture to profitable commercial agriculture. 2013 To promote sustainable agricultural development. Read more To lay down the principles of equitable and judicious use of water for survival of life, welfare of human beings and Water Policy 2007 sustainable as well as balanced growth of the state. Read more Orissa Public Private To supplement scarce public resources, create a more competitive environment, help improve efficiencies and Partnership (PPP) Policy reduce costs. 2007 Read more 49 ODISHA For updated information, please visit www.ibef.org
ODISHA ANNEXURE
ANNEXURE…(1/2)- SOURCES Data Sources GSDP (state) Economic Survey 2017-18 (Odisha) Per capita GSDP figures Economic Survey 2017-18 (Odisha) GSDP (India) Economic Survey 2017-18 (India) Installed power capacity (MW) Central Electricity Authority, as of April 2018 Wireless subscribers (No) Telecom Regulatory Authority of India, as of February 2018 Internet subscribers (Mn) Telecom Regulatory Authority of India, as of December 2017 National highway length (km) NHAI, Roads and Building Department-Government of India Major and minor ports (No) India Ports Association Airports (No) Airports Authority of India Literacy rate (%) Economic Survey 2017-18 (Odisha) Birth rate (per 1,000 population) Economic Survey 2017-18 (Odisha) Cumulative FDI equity inflows (US$ billion) Department of Industrial Policy & Promotion, April 2000 to December 2017 Operational PPP projects (No) DEA , Ministry of Finance, Government of India Operational SEZs (No) Notified as of December 2017, Ministry of Commerce & Industry, Department of Commerce, December 2017 51 ODISHA For updated information, please visit www.ibef.org
ANNEXURE…(2/2)-EXCHANGE RATES Exchange Rates (Fiscal Year) Exchange Rates (Calendar Year) Year INR INR Equivalent of one US$ Year INR Equivalent of one US$ 2004–05 44.95 2005 44.11 2005–06 44.28 2006 45.33 2006–07 45.29 2007 41.29 2007–08 40.24 2008 43.42 2008–09 45.91 2009 48.35 2009–10 47.42 2010 45.74 2010–11 45.58 2011 46.67 2011–12 47.95 2012 53.49 2012–13 54.45 2013 58.63 2013–14 60.50 2014 61.03 2014-15 61.15 2015-16 65.46 2015 64.15 2016-17 67.09 2016 67.21 2017-18 64.45 2017 65.12 Source: Reserve bank of India, Average for the year 52 ODISHA For updated information, please visit www.ibef.org
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