BJD: Odisha’s industrial scenario changed in the last 5 years
Bhubaneswar: Claiming that Odisha has witnessed all-round development in the last 24 years, the BJD on Thursday said in the last five years alone over 1,860 industrial projects worth over Rs 11.63 lakh crore have been approved and Rs 7.33 lakh Employment opportunities have been created. State.
BJD national spokespersons Santrup Mishra and Sasmit Patra told media persons here that there has been a significant change in the industrial scenario of Odisha, resulting in increased employment opportunities under the leadership of Chief Minister Naveen Patnaik. The denial comes after the opposition BJP and Congress alleged that industrial development in Odisha has stalled and the unemployment problem has increased during the tenure of the BJD government.
BJD leaders said the share of the industry sector in the state’s economy in 2022-23 was 41.3 per cent compared to the national average of 28.5 per cent. Odisha’s share in India’s mining manufacturing gross value added (GVA) is also expected to increase from 2.9 per cent in 2011-12 to 4.2 per cent in 2022-23, an increase of 1.5 per cent in a decade. Similarly, Odisha’s exports as a share in India’s exports have increased from 2.2 per cent in 2016-17 to 4.1 per cent in 2022-23.
Mishra said that Odisha has firmly established itself as a leading investment destination in India. The last five years have been particularly transformative, he said, with rapid project implementation and significant improvement in the business environment.
BJD leaders said the overall industrial growth in Odisha in the last two decades has been remarkable, with regional growth in key sectors like metals, power, cement also being unprecedented. Odisha has attracted some of the top international and national investors, including ArcelorMittal-Nippon, JSW in the steel sector, Indo-Nissin in the food processing sector, Britannia, Nestle, L&T in green hydrogen and its derivatives, Avada and EV and EV components. JSW Group is involved in the sector.
The state has been able to broaden its industrial ecosystem with investments in new areas, he said, such as Kendrapara and Jagatsinghpur on the east coast, Dhenkanal and Angul in the central part, Sambalpur and Bargarh in western Odisha, and Rayagada and Koraput. Locations included. There has been rapid industrial development in southern Odisha.
Stating that the budget for industrial infrastructure has increased from Rs 50 crore in 2015-16 to over Rs 556 crore in 2023-24, party spokespersons said the focus is on broadening its industrial base and improving ease of doing business. The state’s strategic approach is expected to drive further development.
