ocation analysis: Odisha reported an average annual growth rate of 8.23 % for the 11th five year

metal sector are POSCO, Tata Steel, Jindal Group, Essar

Steel, Hindalco, Nalco, Vedanta, Aditya Aluminium etc.

The state is well connected with various strategic

base and long coastline it is one of the preferred

points through its 22,364 kms of rail route and 55,000

investment destinations for both domestic and

kms of roadways. A domestic airport is located at

foreigner investors. As per an RBI report( Odisha top

Bhubaneswar which is well connected to cities like

investment destination in India, 2013), it has emerged

Delhi, Bangalore, Chennai, Kolkata and Hyderabad. A

as the hottest destination for new projects with a

number of engineering colleges, polytechnics and

commitment of INR 530,000 billion in investments, 27 %

management institutes provide a strong base of

of all India investments.

qualified skilled and semi-skilled workforce to get

Odisha’ s industrial base comprises of large, medium

deployed across industries.

and small scale enterprises in steel, aluminum, power,

The ESDM industry is at a nascent stage in the state.

textile and other sectors. Large scale units are mainly

There are a few players who offer R & D services to their

mineral based. Some of the leading investors in the

clients’ base in the US and Europe.