Ambassadors’ Meet New Delhi, 20 th Oct 2016
Odisha – The Preferred Investment Destination
Preferred Investment Destination 1 st 1 st position in terms of rank for Bhubaneswar in attracting manufacturing the SMART CITY investments Challenge amongst 97 cities ASSOCHAM,2016 GoI, 2016 5 th 2 nd rank in State of the States most employable State for ranking Engineers National Employability Report, 2015 INDIA TODAY GROUP
Odisha on a growth trajectory GSDP Growth Rate of Odisha (Actual and Projected) Per Capita NSDP (at Current Prices) of Odisha (INR) 80000 59229 60000 49227 33029 40000 22237 20000 0 2006-07 2009-10 2012-13 2014-15 * includes Quarrying, Mining, Manufacturing and Construction
Eastern Gateway to the ASEAN region Strategically located on the east coast of India with a long coastline of 480 km Network of 10,000 km of National and State Anchored by Paradip highways connecting the Port - largest in the hinterland of resource- country in terms of rich regions and mother cargo handling plants to largest ports on capacity and the east coast for easy networked with other access to the markets of ports at Dhamra and ASEAN region Gopalpur Network of 2,540 km of rail corridors for a seamless movement of freight
Heartland of India’s mineral based manufacturing base Mineral production of USD 3.64 billion - more than the aggregate value of 21 other Indian States Contribution as percentage of India’s total mineral production
Competitive in Cost of Doing Business Rajasthan Power Tariff: 1.55 Uttar Pradesh Skilled Labour wage: 1.0 Power Tariff: 1.77 Jharkhand CPI: 25.47 Power Tariff: 1.17 Skilled Labour wage: 1.53 CPI: 24.85 Skilled Labour wage: 1.39 CPI: 24.33 Gujarat Power Tariff: 1.11 Skilled Labour wage: 1.40 Chhattisgarh CPI: 22.70 Power Tariff: 1.27 Skilled Labour wage: 1.19 Madhya Pradesh CPI: 22.7 Power Tariff: 1.24 Skilled Labour wage: 1.61 CPI: 26.09 Odisha Power Tariff: 1.0 Maharashtra Skilled Labour wage: 1.15 Power Tariff: 1.67 CPI: 22.45 Skilled Labour wage: 1.47 CPI: 28.93 Andhra Pradesh Karnataka Power Tariff: 1.36 Power Tariff: 1.5 Skilled Labour wage: 1.91 Skilled Labour wage: 1.27 CPI: 23.85 CPI: 25.90 * Power Tariff and Skilled Labour Wage have been shown as Cost Index with base as 1.CPI is Consumer Price Index of the capital city (For Andhra Pradesh, Vijayawada is considered), sourced from www.numbeo.com
Knowledge Hub of the East-Enablers for a Knowledge Economy • Large pool of skilled manpower o 1,26,000 technical manpower graduating per annum from 773 technical training institutions • Presence of National Institutes of Higher Learning o Indian Institute of Technology (IIT) o Indian Institute of Management (IIM) o Xavier's Institute of Management (XIMB) o National Institute of Technology (NIT) o Institute of Minerals and Materials Technology (IMMT) o International Institute of Information Technology (IIIT) o All India Institute of Medical Sciences Bhubaneshwar (AIIMS) • Research Institutions o Central Institute of Plastics Engineering and Technology (CIPET), Bhubaneswar o National Research Centre for Water Technology, Bhubaneswar o Central Research Rice Institute, Cuttack o NISER (National Institute of Science, Education & Research) o IISER (Indian Institute of Science, Education & Research)
Smart City Bhubaneswar Secured 1 st position in the Smart City Challenge amongst 97 other cities Building upon the 24 Smart City Features identified by the Government of India’s Smart Cities Mission, Bhubaneswar is shaping up around the following 7 ‘Smart City Pillars’ Governance - Citizen Participation, Intelligent Government Services City Planning and Design-Mixed Land Use, Compact Cities Urban Utilities - Water Supply and Management, Solid Waste Management, Sanitation, Energy & IT Connectivity Urban Mobility- Street Design, Public Transport Shelter- Inclusive Housing Economic Development-Economy and Employment Social Development- Identity and Culture, Education, Health, Open Spaces, Safety and Security, Air quality
Focus Sectors & Ease of Doing Business
Focus Sectors AGRO and SEA FOOD ANCILLARY & ELECTRONICS PROCESSING DOWNSTREAM INDUSTRIES MANUFACTURING TEXTILES including CHEMICALS, PLASTICS AND TOURISM TECHNICAL TEXTILES PETROCHEMICALS
Ease of Doing Business Timelines for Approvals Disposal of Time Limits under 15 days Application Facilitation Act (days) (Green Category) Earlier Revised Final Project Registering a 7 1-3 Approval within 15 Business days Allotment of land by 65 30 30 days Government Environmental 60-120 30-60 Final Project Approvals Approval within 30 days for Other Registration under - 15 Industries various Labour Acts Electricity Connection 60++ 15-30
Ease of Doing Business Key Interventions and Reforms 2 1 3 4 5 Central Timelines for Inspection GO iPLUS Facilitation eBIZ Approvals Framework Cell
Investment Opportunities
Investible Projects in the State Chemicals, Petro-Chemicals and Downstream Industries in 7 3* Plastics Metal 13 Textiles 9 Tourism More than 200 identified Healthcare and Others 32 investible 8 Biotechnology projects in the State Agro & Food Processing Industrial Parks / 28 41 Infrastructure IT & ESDM Urban Infra, Logistics and 10 47 Transport 19 * 65 downstream projects identified in 3 sectors including aluminium, steel and stainless steel Smart City
Petroleum, Chemicals and Petrochemical Investment Region, Paradip An investment region with 68,000 acres (275 Sq.km) of world-class infrastructure to promote manufacturing in the Petroleum, Chemicals, Petrochemicals and allied sectors Ecosystem attractiveness: • Ready- to-invest industrial land availability • Major port at Paradip • 15 MMTPA IOCL refinery with following feedstock: o 700 KTA Polypropylene o 400 KTA Mono Ethylene Glycol 200 KTA Paraxylene – PTA Complex o o 1,250 KTA Petcoke based synthetic ethanol • Downstream Industries Park exclusively for Plastics and Polymers
Kalinganagar National Investment and Manufacturing Zone A manufacturing hub covering the entire value chain of steel and metals pulsating with a renewed potential for growth Dedicated Investment and Manufacturing Zone in over 40,000 acres (163 Sq.km) Ecosystem Advantage: The largest steel manufacturing hub in the country housing 9 large steel manufacturing companies with a capacity of 21 MT per annum Land & Infrastructure framework: Land at competitive cost of land. fully developed infrastructure Committed Feedstock: Proximity to Odisha’s mineral rich region and committed feedstock availability from mother plants Downstream opportunities: Unique opportunities for ancillary and downstream industrial development in the vicinity
Electronics Manufacturing Cluster at Infovalley, ITIR 203 acres of dedicated cluster for electronics manufacturing at Bhubaneswar Approved under EMC Scheme of Govt. of India State of the art infrastructure and Plug & Play facilities - to house approx. 100 units Excellent transport connectivity through air, rail and roads Infovalley as a new open community at the outskirt of Bhubaneswar City
Scheme for Private Industrial Estates • Grant Funding: Capital grant upto 50% of the infrastructure cost • Special Planning Authority: • IDCO (State Government’s industrial infrastructure development arm) to accord planning and building approvals in case it is strategic partner • May also consider equity participation upto 49% on case-to-case basis • 20% of the area could be used for mixed-use development • 17 suitable locations spread over an area of more than 4,400 acres identified across the State for setting up the estates
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