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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. Project Name District Contact Details Investment Leverage (Rs. in Cr.) Direct Employment Granted Farmers Benefited Processing Capacity (LMT) PA Preservation Capacity (LMT) PA Status
1. MITS Mega Food Park Limited RAYAGADA
  • NAME : sri ram panda, Designation : Agriculture
    Mobile No : 9937032210,
    Phone No :
    Email Id : sriram[at]mitsmegafoodpark[dot]com

41.9400  31  1600 0.9120 0.4400 Completed
2. Odisha Industrial Infra Dev Corp (IDCO) KHORDHA NAME : Dr Bhakta Kabi das, Designation : Infrastructure
Mobile No : 9437015603, Phone No :
Email Id : cmd[at]idco[dot]in
71.9500  0  0 0.2700 0.1000 Ongoing
S. No. Project Name District Contact Details Investment Leverage (Rs. in Cr.) Direct Employment Granted Farmers Benefited Processing Capacity (LMT) PA Preservation Capacity (LMT) PA Status
1. Sabri food products private limited BALESHWAR
  • NA
  • 0.0000  0  0 0.0000 0.0000 Ongoing
    2. Highland agro KHORDHA
  • NA
  • 43.0800  0  0 0.1000 0.0600 Ongoing
    3. Om oil & flour mills ltd. CUTTACK
  • NA
  • 11.3700  100  9552 0.0000 0.0000 Completed
    4. Falcon marine exports ltd. BALESHWAR
  • NA
  • 67.1800  100  9552 0.1400 0.0600 Completed
    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
    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

    Download PDF
    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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