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Why Invest in Odisha?

Odisha

  • Odisha has following key attributes:

    • Abundant water resources

    • Largest producer of sweet potato

  • Dedicated sectoral policy for food processing with best-in-class incentives

  • Agro and Food Processing identified as a Focus Sector by the State

  • Gateway to ASEAN through Paradeep and Dhamra ports which are in turn connected through a network of railways and highways to the Indian hinterland

  • Globally recognized institutes in the domains of food processing, agriculture, engineering, technology and management including Odisha University of Agriculture and Technology, National Rice Research Institute, IIT, IIM and NIT

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Agro Climatic Zones

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nutrient rich soil types

km

long coastline (8% of India’s coastline)

rd

largest producer of cashew

Odisha is the leader in Food Production

Current production levels with respect to food grains, horticulture products, livestock, fruits and vegetables etc.

Cereal
  • Leading Cereal Producer (Lakh MT) 107
Vegetable
  • Major Vegetable Producer (Lakh MT) 90
Spices
  • Potential Spices Producer (Lakh MT) 5
Fruit
  • Key Fruit Producer (Lakh MT) 21
Fisheries
  • Shrimp (Lakh MT) 0.61
  • Fish (Lakh MT) 6.00

Key products with recent production statistics that the State may like to highlight

Major producer of Spices - 5 lakh MT
  • Turmeric (Lakh MT) 2.2
  • Ginger (Lakh MT) 1.3
  • Chilli (Lakh MT) 0.7
Upcoming Fruits producer - 21 lakh MT
  • Mango (Lakh MT) 8.1
  • Banana (Lakh MT) 4.7
  • Citrus (Lakh MT) 2.6
Area under Horticulture - 13.6 Lakh HA
  • Total Cultivable Areas 22%
  • Largest producer of Sweet Potato: 3.85 lakh MT

  • 3rd largest producer of Cashew: 0.88 lakh MT

  • 4th largest Shrimp producing State: 0.61 lakh MT

  • Largest producer of Sweet Potato: 3.85 lakh MT

  • 3rd largest producer of Cashew: 0.88 lakh MT

  • 4th largest Shrimp producing State: 0.61 lakh MT


Major Players Present in the State

State Profile of Odisha

S. No. SPV/IA Name District Name & Contact Details of Key Contact person of SPV/IA Total Land Area(In Acre) Total Leasable Area (In Acre) Leasable Area Available (In Acre) Focus Crops Sector Status
1. MITS Mega Food Park Ltd Rayagada Shri Sriram Panda, Managing Director
Mob No. 9937032210, Fax: 06856-233098
Email: sriram@mitsmegafoodpark.com
65.71 20 10 Rice, Ragi, Maize, Small millets, Bajra, Cereals, Oil Sheed, Mango, Pineapples, Jack Fruits, Pamolin, Tomato, Chili, Onion, Garlic Fruits & vegetables, Spices Operational
2. Odisha Industrial Infrastructure Development Corporation (IDCO) Khordha Shri Saswat Patnaik, Project Manager
Mobile No. 9938339399 / 9776066721
/9810010864/0674-2542869
saswat.pattnaik@idco.in cmd@idco.in
152.78 88.78 53.7 Cultured Shrimps, Marine fish and fisherie, Chilika Fish Fish Under Implementation
S. No. Project District Sector Milk/Storage Proccessing (Lakh Litre Per Day) Total Capacity of
Cold Storage/ CA/MA Storage/
Frozen Store (Lakh MT)
Reefer carriers & Tanker (Nos) Status
1. Om Oil & Flour Mills Ltd. Cuttack RTE - 0.000 2 Completed
2. Falcon Marine Exports Limited  Balasore Fishery - 0.020 4 Completed
3. Highland Agro Balasore Marine - 0.020 14 Under Implementation
S. No. Name & Address WarehouseMan Name Mobile Capacity
1. CENTRAL WAREHOUSE RAYAGADA,THUMBIGUDA,NEAR TV TOWER , Distt-Rayagada Central Warehousing Corporation 9958541582 11400
2. NCML Own Warehouse, Jeypore, PL - 159, 163, NEAR TRINATH RICE MILL, KALIAGAON, TALUKA - JEYPORE, DISTRICT - KORAPUT, Distt-Koraput National Collateral Management Services Limited - 10995
3. Central Warehouse, Jatni,Sandhapur, near Centurion university, Jatni, Distt-Khordha Central Warehousing Corporation - 15000
4. Central Warehouse, Bolangir,Madhiapali, Distt-Balangir Central Warehousing Corporation - 30000
5. Central Warehouse Kendupalli- II, Kendupalli Vilage Road, Distt-Bargarh Central Warehousing Corporation - 22500
6. Central Warehouse, Balasore-II,NH-5, Banparia,P.O. Kuruda , Distt-Baleshwar Central Warehousing Corporation - 10000
7. Central Warehouse, Choudwar, Kajalakana, Distt-Cuttack Central Warehousing Corporation - 14650
8. Central Wareouse, Junagarh, KURUGUDA ROA, JUNAGARH, Distt-Kalahandi Central Warehousing Corporation - 30300
9. Central Warehouse, Aska, Kornoli, Distt-Ganjam Central Warehousing Corporation - 10000
10. Central Warehouse, Balasore- I, Bampada, Near Industrial Estate Police Station, Distt-Baleshwar Central Warehousing Corporation - 11000
11. Central Warehouse, Baljitpada, Chunida Road, Via Annapala, P.O Balabhadrapur, Distt-Bhadrak Central Warehousing Corporation - 10000
12. Central Warehouse, Sonepur, At- Babupali, PO-Kalapathar, Distt-Subarnapur Central Warehousing Corporation - 10000
13. Central Warehouse Cuttack, NAYABAZAR, CUTTACK, Distt-Cuttack Central Warehousing Corporation - 16400
14. Central Warehouse, Marshaghai, AT- MASAKANI, PO- JADUPUR, Distt-Kendrapara Central Warehousing Corporation - 10000
15. Central Warehouse, Kalamati, Boudiapada, Near OMFED Training Centre Via CA Chiplima, Goshala, Distt-Sambalpur Central Warehousing Corporation - 10000
16. Central Warehouse, Bargarh, NEAR GORU HAT, BEHIND RAM MANDIR, Distt-Bargarh Central Warehousing Corporation - 10100
17. Central Warehouse, Nawrangpur, Kosagumda road, Near Polytechnic Engg. Collage, PO- Agnipur, PO-Agnipur, Distt-Nabarangapur Central Warehousing Corporation - 10000
S. No. District Revised ODOP
1. Angul Fruit Based Products (Mango)
2. Balasore Fish Based Products
3. Bargarh Oil seed Based Products (Groundnut)
4. Bhadrak Fish Based Products
5. Bolangir Milk Based Products
6. Boudh Dal Processing
7. Cuttack Milk Based Products
8. Deogarh Tamarind Based Products
9. Dhenkanal Milk Based Products
10. Gajapati Fruit Based Products (Pineapple)
11. Ganjam Fish Based Products
12. Jagatsinghapur Milk Based Products
13. Jajpur Oil seed Based Products (Groundnut)
14. Jharsuguda Spices Based Product (Chilli)
15. Kalahandi Fish Based Product
16. Kandhamal Spices Based Products (Turmeric)
17. Kendrapara Milk based products
18. Keonjhar Urad Based Products
19. Khordha Fish Based Products
20. Koraput Spices Based Products (Ginger)
21. Malkangiri Millet Based Products
22. Mayurbhanj Honey Based Products
23. Nabarangapur Maize Based Products
24. Nayagarh Sugarcane Based products
25. Nuapada Millet Based Products
26. Puri Milk Based Products
27. Rayagada Tamarind Based Products
28. Sambalpur Spices Based product (Chilli)
29. Subarnapur Fruit Based Products (Mango)
30. Sundargarh Mushroom Processing

State Policy & Fiscal Incentives

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Policy & Incentives Description
Name of Policy

Industrial Policy Resolution – 2015 and Odisha Food Processing Policy – 2016

Nodal Agency
  • The MSME Department, Govt. of Odisha

Single Window Clearance System
Power/Electricity Subsidy
  • New industrial units with contract demand up to 100 KVA will be exempted from the payment of electricity duty for a period of 5 years from the date of availing power supply for commercial production.

Power/Electricity Subsidy
  • Electricity tariff reimbursement of INR 0.25 to INR 1.25 per unit for a period of 5 years depending on investment and employment generated provided a minimum investment of INR 50 crore and a minimum employment of 75 people

  • Electricity duty exemption for 5 years upto a contract demand of 5 MVA

Capital Subsidy

Capital Investment Subsidy for setting up Cold Chain, Value addition and Preservation Infrastructure for non-horticultural produce and For Primary Processing Centers / Collection Centers for both horticultural and non-horticultural produce

  • 35% up to Rs. 5 crore for cold chain, value addition and preservation infrastructure for non-horticultural produce or for primary processing centers/collection centers for all produce

Assistance for Reefer Vehicles

  • Financial assistance in the form of credit linked back-ended subsidy @ 35% of the cost of standalone New Reefer Vehicle(s) / Mobile pre-cooling van(s) up to a maximum of Rs.25.00 lakh shall be provided for carrying & transporting both Horticultural & non-Horticultural produce.

 

Assistance to entrepreneurs

  • Industrial units will be encouraged for filing patent of their research and State will provide assistance to entrepreneurs for Patent and Intellectual Property Right (IPR) provisions @ 50% of the expenditure up to maximum of Rs.5.00 lakh.

Assistance for Mega Food Park:

  • Up to 20% of the project cost limited to Rs. 15 crore provided to SPV or as equity participation

Assistance to ULBs for Modernization of Meat Shops

  • 35% of cost of machinery up to Rs. 5 lakh
  • 50% of cost of machinery up to Rs. 5 lakh in industrially backward districts KBK

Assistance for Human Resource Development

  • One time grant @50% of the cost up to Rs. 1 crore to University/Institute for courses in Food Processing
  • Rs. 3 lakh per ESDP to Govt. ITIs/Polytechnics for conducting 30 days certification program on Food Processing.

Interest Subsidy
  • Not Applicable

VAT/CST/SGST/TAX Exemption/Reimbursement

No stamp duty will be required to be paid in respect of land allotted by the Government to IDCO. But stamp duty @ 5% will be required to be paid in respect of transfer of land/shed by Government and IDCO to industrial units. This will also be applicable in respect of private land acquired by IDCO, which is subsequently allotted to industrial units.

Employment Generation

Not Applicable

Freight/Transport Subsidy

Not Applicable

Others

Quality Certification

  • High priority is being accorded by the State Government for improvement of quality of the industrial units and will be provided with assistance for obtaining quality certification from B.I.S and other internationally recognized Institutions @ 50% of the expenditure up to maximum of Rs. 2.00 lakh.
  • Patent Registratio

  • Industrial units will be encouraged for filing patent of their research and State will provide assistance to entrepreneurs for Patent and Intellectual Property Right (IPR) provisions @ 50% of the expenditure up to maximum of Rs.5.00 lakh.

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