Foreign Direct Investment (FDI) in Odisha

Why Invest in Odisha

• Mineral Resources: Rich in minerals, particularly iron ore, coal, and bauxite.
• Industrial Growth: Expansion in steel, aluminum, and heavy industries.
• Strategic Location: Coastal access provides trade advantages with ASEAN and other global markets.
• Government Support: Strong industrial policies focused on manufacturing, mining, and infrastructure.

Incentives & Schemes

• Industrial Policy: Investment incentives in sectors like steel, metal, and cement.
• Mineral Processing: Special focus on setting up mineral processing units and value-added industries.
• Infrastructure Initiatives: Government focus on improving ports, roads, and logistics to support industrial growth.

Key Economic Data: Odisha

Category	Details
Capital	Bhubaneswar
GSDP (2023–24)	₹6.17 lakh crore
Growth Rate	10.3%
Per Capita Income	₹1,18,472
Top Sectors	Mining, Steel, Agriculture, Manufacturing
FDI Share in India	1.5%
Top FDI Sources	Japan, Singapore
Cumulative FDI (FY2024)	₹5,300 crore (Q1)
Policy Impact	Focus on industrial growth, infrastructure, and mineral processing
Recent FDI	₹1,000 crore (2020–21)

Latest Insights

• Odisha attracted ₹5,300 crore in cumulative FDI by Q1 FY2024.
• Steel and mineral processing industries remain central to the state’s economic strength.
• Government policies are driving growth in manufacturing and infrastructure, particularly in mineral-rich regions.