Odisha 2013 SCENIC

MARCH Odisha 2013 SCENIC . SERENE . SUBLIME For updated information, please visit www.ibef.org 1 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Contents Odisha – An Introduction Infrastructure Status Business Opportunities Doing Business in Odisha State Acts & Policies For updated information, please visit www.ibef.org 2 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Odisha Factfile → Ganjam, Cuttack, Mayurbhanj, Baleshwar, Khordha and Sundargarh are some of the large cities in terms of population. → Odisha has three major seasons, summer (March to June), monsoon (July to September) and winter (October to February). Parameters Odisha Capital Bhubaneswar Geographical area (sq km) 155,707 Administrative districts (No) 30 Population density (persons per sq 269 km)* Total population (million)* 41.9 Source: Maps of India Male population (million)* 21.2 → Odisha is located in the Eastern region of India. The Female population (million)* 20.7 state shares borders with West Bengal in the Northeast, Jharkhand in the North, Andhra Pradesh in the South, Sex ratio (females per 1,000 males)* 978 Chattisgarh in the West, and the Bay of Bengal in the Literacy rate (%)* 73.5 East. Sources: Economic Survey of Odisha, 2011-12, *Provisional Data – Census 2011 → Languages spoken in the state are Oriya and its various dialects, Hindi and English. For updated information, please visit www.ibef.org ODISHA – AN INTRODUCTION 3 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Odisha in Figures … (1/2) Parameter Odisha All-States Source Economy GSDP as a percentage of all states’ GSDP 2.8 100 CMIE, 2010-11, current prices Average GSDP growth rate* (%) 16.5 15.9 CMIE, 2004-05 to 2010-11, current prices Per capita GSDP (US$) 1,027.0 1,324.3 CMIE, 2010-11, current prices Physical Infrastructure Installed power capacity (MW) 6,596.3 211,766.2 Central Electricity Authority, as of January 2013 Telecom Regulatory Authority of India, as of Wireless subscribers (No) 24,317,039 864,720,186 December 2012 Ministry of Communications & Information Broadband subscribers (No) 215,554 13,350,938 Technology, as of December 2011 Ministry of Road Transport & Highways, as of National Highway length (km) 3,704 76,818 June 2012 Major and minor ports (No) 1+2 12+187 Indian Ports Association Airports (No) 1 133 Airport Authority of India *Calculated in Indian Rupee Terms For updated information, please visit www.ibef.org ODISHA – AN INTRODUCTION 4 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Odisha in Figures … (2/2) Parameter Odisha All-States Source Social Indicators Literacy rate (%) 73.5 74.0 Provisional Data – Census 2011 Birth rate (per 1,000 population) 20.1 21.8 SRS Bulletin (www.censusindia.gov.in), 2012 Investment Department of Industrial Policy & Promotion, FDI equity inflows (US$ billion) 0.3 187.9 April 2000 to December 2012 Outstanding investments (US$ billion) 990.0 11,318.3 CMIE (2011-12) Industrial Infrastructure PPP projects (No) 33 881 www.pppindiadatabase.com Notified as of January 2013, SEZs (No) 5 386 www.sezindia.nic.in SRS: Sample Registration System, PPP: Public Private Partnership, SEZ: Special Economic Zone For updated information, please visit www.ibef.org ODISHA – AN INTRODUCTION 5 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Advantage Odisha … (1/2) Hub for Mineral-Based Industries Odisha has emerged as a key state with regards to the mineral- and metal-based industry. The state leads in iron, steel, ferroalloy and aluminium production. It also has a strong base for coal-based power generation. Policy and Fiscal Incentives The state offers a wide range of fiscal and policy incentives for businesses under the Industrial Policy Resolution, 2007. Additionally, the state has sector-specific policies for IT, and the Micro, Small and Medium Enterprises (MSME). Rich Labour Pool The state has a large base of skilled labour, making it an ideal destination for mineral-based industry. Further, the state has a large pool of semi-skilled and unskilled labour. For updated information, please visit www.ibef.org ODISHA – AN INTRODUCTION 6 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Advantage Odisha … (2/2) Facilitating Infrastructure Odisha has well-developed social, physical and industrial infrastructure, and virtual connectivity. In addition, the state has an airport and prominent port infrastructure. High Economic Growth The state’s average GSDP growth rate was about 15.4 per cent between 2004-05 and 2011-12. The tertiary sector recorded the highest growth rate of all the three sectors in the same period. Stable Political Environment The state has a stable political environment. Apart from other facilitating agencies, the State Government has constituted the ‘Team Odisha’ to help in investment promotion. For updated information, please visit www.ibef.org ODISHA – AN INTRODUCTION 7 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Economic Snapshot – GSDP → At current prices, the total Gross State Domestic Odisha’s GSDP Product (GSDP) of Odisha was about US$ 47.1 billion in 2011-12. 2011-12 47.1 → The average GSDP growth rate between 2004-05 and 2010-11 42.7 2011-12 was about 15 .4 per cent. 2009-10 34.5 2008-09 32.3 2007-08 32.1 2006-07 22.4 CAGR 2005-06 19.2 15.4% 2004-05 17.2 0 10 20 30 40 50 US$ billion Source: CMIE For updated information, please visit www.ibef.org ODISHA – AN INTRODUCTION 8 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Economic Snapshot – NSDP → The total Net State Domestic Product (NSDP) of Odisha Odisha’s NSDP was about US$ 40.6 billion in 2011-12. 2011-12 40.6 → The average NSDP growth rate between 2004-05 and 2011-12, was about 15 .1 per cent. 2010-11 36.9 2009-10 29.8 2008-09 27.7 2007-08 27.6 2006-07 19.4 CAGR 15.1% 2005-06 16.6 2004-05 15.1 0 10 20 30 40 50 US$ billion Source: CMIE For updated information, please visit www.ibef.org ODISHA – AN INTRODUCTION 9 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Economic Snapshot – Per Capita GSDP → The state’s per capita GSDP in 2011-12 was US$ 1,117.6 Per Capita GSDP as compared to US$ 448.9 in 2004-05. 1,200 1,117.6 1,027.0 → Per capita GSDP has increased at a Compound Annual CAGR 1,000 13.9% Growth Rate (CAGR) of 13 .9 per cent between 2004-05 839.7 801.9 796.8 and 2011-12. 800 568.8 600 448.9 492.4 US$ 400 200 0 Source: CMIE For updated information, please visit www.ibef.org ODISHA – AN INTRODUCTION 10 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Economic Snapshot – Per Capita NSDP → The state’s per capita NSDP in 2011-12 was US$ 962.6 Per Capita NSDP as compared to US$ 392.6 in 2004-05. 1,200 → The per capita NSDP increased at an average rate of 962.6 1,000 CAGR 13 .6 per cent between 2004-05 and 2011-12. 886.8 13.6% 724.7 800 689.2 684.3 600 425.6 491.1 US$ 392.6 400 200 0 Source: CMIE For updated information, please visit www.ibef.org ODISHA – AN INTRODUCTION 11 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Economic Snapshot – Percentage Distribution of GSDP → In 2011-12, the tertiary sector contributed the most to Percentage Distribution of GSDP the GSDP at 45.3 per cent (US$ 21 .3 billion). It was CAGR followed by the primary sector, contributing 29.2 per 100 cent (US$ 13 .7 billion) and the secondary sector, 90 80 contributing 25.5 per cent (US$ 12.0 billion). 42.4 45.3 17.5% 70 60 → At 17 .5 per cent, the tertiary sector recorded the 50 26.6 highest growth rate of all three sectors in the period 40 25.5 15.8% 2004-05 and 2011-12. It was followed by the 30 secondary sector, which grew at 15 .8 per cent and the 20 31.0 29.2 primary sector, which grew at 15 .5 per cent during 10 15.5% this period. 0 2004-05 2011-12 Primary Sector Secondary Sector Tertiary Sector Source: CMIE For updated information, please visit www.ibef.org ODISHA – AN INTRODUCTION 12 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Economic Snapshot – Agricultural Production → In 2011-12, the total production of food grains in the Annual Production – 2010-11 state was around 6.43 million tonnes. Crop (‘000 tonnes) → Rice is the primary crop in the state. The total Rice 5,815^ production of rice in the state was around 5.81 Sugarcane 884^ million tonnes in 2011-12. Coconut 321.8* → The major oilseeds grown in the state include Onion 318 groundnut, caster seeds, lineseeds and sesam. Maize 299 Turmeric 191 → As of 2010-11 , the total area under cultivation of principal crops was 5.93 million hectares. Tur 124 Ginger 118 Ground nut 86 Potato 76 Gram 33 Sources: Economic Survey of Odisha, 2011-12, Reserve Bank of India *Million Nuts ^In 2011-12 For updated information, please visit www.ibef.org ODISHA – AN INTRODUCTION 13 MARCH Odisha 2013 SCENIC . SERENE . SUBLIME Economic Snapshot – FDI Inflows & Investments → According to the Department of Industrial Policy & Break up of Outstanding Investments by Sector (2011-12) Promotion (DIPP), the cumulative FDI inflows from April 2000 to December 2012 amounted to US$ 341 1.2% million. Manufacturing 7.2% 8.2% → In 2011-12, the outstanding investments in the state Electricity were US$ 990 billion. 47.3% Services → Of the total outstanding investments, the manufacturing sector accounted for around 47.3 per 36.1% cent followed by electricity sector (36.1 per cent). Mining Others Others includes irrigation and real estate Source: CMIE For updated information, please visit www.ibef.org ODISHA – AN INTRODUCTION 14 MARCH Odisha 2013 SCENIC .

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