|
Not only culturally rich, Orissa has abundant natural resources and a large coastline.
It contains a fifth of India's coal, a quarter of its iron ore, a third of its bauxite
reserves and most of the chromites also. Rourkela Steel Plant(RSP) was the first
integrated steel plant in the Public Sector in India. It receives unprecedented
investments in steel, aluminum, power, refineries and ports. India's top most IT
consulting firms, including Satyam Computer Services,Tata Consultancy Services(TCS),
Mind Tree Consulting, Hexaware Technologies, Price water house Coopers and Infosys
have large branches in Orissa. POSco, JINDAL, are also entering in to the industrial
development of Orissa.
Orissa is notable as one of the first Indian states to have tackled its structural
problems during the post 1994 Indian economic reforms. Orissa was the first state
in India to begin to privatize its electricity transmission and distribution businesses.
Over the period between 1994 and 2000 Orissa's former state electricity board (SEB)
was restructured to form Grid co. This corporation was then divided into Transco
and a collection of distribution companies. Attempts were then made to sell the
distribution companies to the private sector. The scale and importance of these
reforms is notable and an important milestone in India's dramatic economic development.
Recently the number of companies who have signed Memoranda of Understanding (MoUs)
to set up steel plants in the state has gone up to 50, including Posco of South
Korea which has agreed to construct a mammoth $12 billion steel plant near Paradip
port. It would be the largest single investment in India's history. Arcelor-Mittal
has also announced plans to invest in another mega steel project amounting to $10
billion. Russian major Magnitogorsk Iron and Steel Company (MMK) plans to set up
a 10 MT steel plant in Orissa too. The state is attracting an unprecedented amount
of investment in aluminum, coal-based power plants, petrochemicals, and information
technology as well.
In power generation sector also, Reliance Industries (Anil Ambani Group) is putting
up the world's largest power plant with an investment of US $13 billion at Hirma
in Jharsuguda district. Vedanta Resources’ 1.4 million tonne alumina project in
Kalahandi district is the largest investment in aluminium. Vedanta has also announced
a $ 3.2 billion dollar huge private University project on the lines of the Ivy League
Universities, which is unprecedented in the history of education in India.
The Central Government has agreed to accord SEZ (Special Economic Zone) status to
eight sites in Orissa among which are Infocity at Bhubaneswar and Paradip.
The state of Orissa is commited to industrial development and stress is being laid
on the exploitaion of of the rich agricultural , marine and mineral resources and
also to tourism.There are already exists a substantial industraial base comprising
of a number of large, medium and small scale industries in steel, aluminium, chrome,
power, textile, handicraft and also other sectors.
Orissa's main agricultural products are rice, pulse, oil seeds, vegatables, groundnut,
cotton, jute, spices, coconut, potato, fruits etc. Sot here is a vast scope of agro
based industries like rice millingm edible oil milling, cattle poultry .
National Aluminium Company Limited(NALCO), the largest Aluminium producing plant
in India was incorporated in 1981. This plant is located at Koraput district of
Orissa. Its smelter and power plant is at Anugul, dhenknal districts. Alumina Refinery
is at Damanjodi in Koraput district.
As Orissa is enriched with vast forest resources , so there is a vast scope for
the forest based industries like wooden furniture, seal seed oil, natural gums,
biri making, agarbati stick making , palm rose oil making etc.
Orissa also have country's richest mineral resources. The mineral belt is spread
over an area of more than 6000 sq. km. The chief mineral founds are Iron, Coal,
Bauxite, Manganese, Nickel, Chromite, Lime stone , Dolomite, Graphite etc. So scope
is right here to invest in this minerals field.
Although Paradip is Orissa's only large port, the coastal towns of Dhamra and Gopalpur
are being developed into major ports as well. The government of India has selected
the coastal region of Orissa, stretching from Paradip in the north to Gopalpur in
the south to be developed as one of the five or six Special Economic Regions (SERs)
of the country. The government of India and the state government of Orissa would
work together to erect world class infrastructure in this region along the lines
of the Rotterdam, Houston, and Pudong regions. This would stimulate further private
investment in petrochemicals, steel, and manufacturing. A recent Morgan Stanley
report forecasts that Orissa would be flooded with massive investments for manufacturing
related activities in the same manner that Bangalore had attracted software investment
in the 1990s. The scale of the investments in Orissa would, however be much higher.
As of July 2006, the total planned investment in the state is a whopping $90 billion.
This includes some investment in research, education, hospitals, roads, ports, airports,
and hotels. There are many multi-state irrigation projects in development, including
Godavari River Basin Irrigation Projects.
 |
 |
 |
 |
Name Of Industry |
Location |
District |
Steel Plant |
Rourkela
Duburi |
Sundergarh
jajpur |
Fertiliser plant
|
Rourkela
Talcher(FCI)
Paradeep |
Sundergarh
Anugul
Jagatsinghpur |
Mig factory
|
Sunabeda |
Koraput |
Machine Building
|
Kansabahal |
Sundergarh |
Cement Factory |
Rajganjpur
Bargarh
|
Sundergarh
Bargarh
|
Ferro Manganese
|
Joda
Raygada
jeypore |
Keonjhar
Raygada
Koraput
|
Ferro chrome |
Jajpur Road
|
Jajpur |
Tube Factory |
Choudwar |
Cuttack
|
Orient Paper mill
|
Brajarajnagar
|
Sambalpur
|
JK Paper mill |
Rayagada
|
Rayagada
|
Ballarpur Paper mill
|
Choudwar
|
Cuttack |
Emami Paper mill |
Moitganj
|
Balasore
|
Ferro silicon
|
Theruvalli |
Rayagada
|
|
|
 |
 |
 |
 |
|
 |
 |
 |
 |
Name Of Industry |
Location |
District |
Applique Works
|
Pipili Kahlokote
|
Puri Ganjam |
Brass and Bell
|
Remuna
|
Balasore |
Metal Utensils
|
Balakati KantiloBhuban
|
Khurda Nayagarh Dhenkanal
|
Stone and Clay works |
Nilagiri Kichhing
|
Balasore Mayurbhanj |
Banian Industry |
Baipada
|
Mayurbhanj |
Coir Industries |
Sakhigopal |
Puri
|
Silver works |
Belaguntha
|
Ganjam |
Salt Works |
Huma
Astarang
Bhograi |
Ganjam
Puri
Balasore
|
|
|
 |
 |
 |
 |
|
|