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Why Invest in Odisha?

Odisha

  • Odisha has following key attributes:

    • Abundant water resources

    • Largest producer of sweet potato

  • Dedicated sectoral policy for food processing with best-in-class incentives

  • Agro and Food Processing identified as a Focus Sector by the State

  • Gateway to ASEAN through Paradeep and Dhamra ports which are in turn connected through a network of railways and highways to the Indian hinterland

  • Globally recognized institutes in the domains of food processing, agriculture, engineering, technology and management including Odisha University of Agriculture and Technology, National Rice Research Institute, IIT, IIM and NIT

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Agro Climatic Zones

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nutrient rich soil types

km

long coastline (8% of India’s coastline)

rd

largest producer of cashew

Odisha is the leader in Food Production

Current production levels with respect to food grains, horticulture products, livestock, fruits and vegetables etc.

Cereal
  • Leading Cereal Producer (Lakh MT) 107
Vegetable
  • Major Vegetable Producer (Lakh MT) 90
Spices
  • Potential Spices Producer (Lakh MT) 5
Fruit
  • Key Fruit Producer (Lakh MT) 21
Fisheries
  • Shrimp (Lakh MT) 0.61
  • Fish (Lakh MT) 6.00

Key products with recent production statistics that the State may like to highlight

Major producer of Spices - 5 lakh MT
  • Turmeric (Lakh MT) 2.2
  • Ginger (Lakh MT) 1.3
  • Chilli (Lakh MT) 0.7
Upcoming Fruits producer - 21 lakh MT
  • Mango (Lakh MT) 8.1
  • Banana (Lakh MT) 4.7
  • Citrus (Lakh MT) 2.6
Area under Horticulture - 13.6 Lakh HA
  • Total Cultivable Areas 22%
  • Largest producer of Sweet Potato: 3.85 lakh MT

  • 3rd largest producer of Cashew: 0.88 lakh MT

  • 4th largest Shrimp producing State: 0.61 lakh MT

  • Largest producer of Sweet Potato: 3.85 lakh MT

  • 3rd largest producer of Cashew: 0.88 lakh MT

  • 4th largest Shrimp producing State: 0.61 lakh MT


Major Players Present in the State

State Profile of Odisha

District Name Company Name Status Contact Details Investment Leverage (Rs. in Cr.) Direct Employement Granted (in Nos.) Farmers Benefited (in Nos.) Processing Capacity (LMT) PA Preservation Capacity (LMT) PA
KHORDHA *Odisha Industrial Infra Dev Corp (IDCO) Ongoing Dr Bhakta Kabi das
Email: cmd[at]idco[dot]in
Mobile: 9437015603
71.9500 NA NA 0.2700 0.1000
RAYAGADA MITS Mega Food Park Limited Completed sri ram panda
Email: sriram[at]mitsmegafoodpark[dot]com
Mobile: 9937032210
41.9400 31 1600 0.9120 0.4400
District Name Company Name Status Contact Details Investment Leverage (Rs. in Cr.) Direct Employement Granted (in Nos.) Farmers Benefited (in Nos.) Processing Capacity (LMT) PA Preservation Capacity (LMT) PA
Record not available.
District Name Company Name Status Contact Details Investment Leverage (Rs. in Cr.) Direct Employement Granted (in Nos.) Farmers Benefited (in Nos.) Processing Capacity (LMT) PA Preservation Capacity (LMT) PA
BALESHWAR Falcon marine exports ltd. Completed Tara Ranjan Patnaik
Email: falconsbbsr[at]gmail[dot]com
Mobile: 9437579041
67.1800 100 9552 0.1400 0.0600
BALESHWAR *Sabri food products private limited Ongoing SABRI FOOD PRODUCTS PRIVATE LIMITED
Email: sabrifoodproducts[at]gmail[dot]com
Mobile: 9437919060
39.3900 NA NA 0.0500 0.1100
CUTTACK Om oil & flour mills ltd. Completed Mr SK Sahoo
Email: omoil[at]dataone[dot]in
Mobile: 9437048320
11.3700 100 9552 0.0000 0.0000
KHORDHA Highland agro Ongoing Highland Agro
Email: highlandagro19[at]gmail[dot]com
Mobile: 9937377537
43.0800 600 9552 0.1000 0.0600
Warehouse Name Name and Address Mobile Capacity (MT)
Central Warehousing Corporation Central Wareouse, Junagarh,KURUGUDA ROA,JUNAGARH , Distt-Kalahandi 8174881088 30300
Central Warehousing Corporation Central Warehouse, Baljitpada,Chunida Road, Via Annapala,P.O Balabhadrapur , Distt-Bhadrak 8174881088 10000
Central Warehousing Corporation Central Warehouse, Kendupalli-I,Bargarh, , Distt-Bargarh 8174881088 20000
Central Warehousing Corporation Central Warehouse, Choudwar,Kajalakana, , Distt-Cuttack 8174881088 14650
Central Warehousing Corporation Central Warehouse, Bargarh,NEAR GORU HAT,BEHIND RAM MANDIR , Distt-Bargarh 8174881088 10100
Central Warehousing Corporation CENTRAL WAREHOUSE RAYAGADA,THUMBIGUDA,NEAR TV TOWER , Distt-Rayagada 8174881088 11400
Central Warehousing Corporation Central Warehouse Kendupalli- II,Kendupalli Vilage Road, , Distt-Bargarh 8174881088 22500
Central Warehousing Corporation Central Warehouse, Aska,Kornoli, , Distt- Ganjam 8174881088 10000
Central Warehousing Corporation Central Warehouse, Marshaghai,AT- MASAKANI, PO- JADUPUR, , Distt- Kendrapara 8174881088 10000
Central Warehousing Corporation Central Warehouse, Sonepur,At- Babupali,PO-Kalapathar , Distt-Subarnapur 8174881088 10000
Central Warehousing Corporation Central Warehouse, Nawrangpur,Kosagumda road, near Polytechnic Engg. Collage, PO- Agnipur,Kosagumda road, near Polytechnic Engg. Collage, PO-Agnipur , Distt- Nabarangapur 8174881088 10000
Central Warehousing Corporation Central Warehouse, Balasore- I,Bampada,Near Industrial Estate Police Station , Distt-Baleshwar 8174881088 11000
Central Warehousing Corporation Central Warehouse, Kalamati,Boudiapada,Near OMFED Training Centre Via CA Chiplima, Goshala , Distt-Sambalpur 8174881088 10000
Central Warehousing Corporation Central Warehouse, Jajpur Road,Dhawalgiri, , Distt-Jajapur 8174881088 9000
Central Warehousing Corporation Central Warehouse, Bolangir,Madhiapali, , Distt-Balangir 8174881088 30000
Central Warehousing Corporation Central Warehouse, Jatni,Sandhapur, near Centurion university,Jatni , Distt-Khordha 8174881088 15000
National Collateral Management Services Limited NCML Own Warehouse, Jeypore,PL - 159, 163, NEAR TRINATH RICE MILL, KALIAGAON,TALUKA - JEYPORE, DISTRICT - KORAPUT , Distt-Koraput 8800929850 10995
Central Warehousing Corporation Central Warehouse Cuttack,NAYABAZAR, CUTTACK, , Distt-Cuttack 8174881088 16400
Central Warehousing Corporation Central Warehouse, Jeypore,Near RMC Compound,Telliguda , Distt-Koraput 8174881088 17800
Central Warehousing Corporation Central Warehouse, Balasore-II,NH-5, Banparia,P.O. Kuruda , Distt-Baleshwar 8174881088 10000
Central Warehousing Corporation Central Warehouse, Berhampur,CW- BERHAMPUR ,GOODSHED ROAD, LANJIPALLI, BERHAMPUR, , Distt-Ganjam 8174881088 45000
S. No. District Revised ODOP
1. Angul Fruit Based Products (Mango)
2. Balasore Fish Based Products
3. Bargarh Oil seed Based Products (Groundnut)
4. Bhadrak Fish Based Products
5. Bolangir Milk Based Products
6. Boudh Dal Processing
7. Cuttack Milk Based Products
8. Deogarh Tamarind Based Products
9. Dhenkanal Milk Based Products
10. Gajapati Fruit Based Products (Pineapple)
11. Ganjam Fish Based Products
12. Jagatsinghapur Milk Based Products
13. Jajpur Oil seed Based Products (Groundnut)
14. Jharsuguda Spices Based Product (Chilli)
15. Kalahandi Fish Based Product
16. Kandhamal Spices Based Products (Turmeric)
17. Kendrapara Milk based products
18. Keonjhar Urad Based Products
19. Khordha Fish Based Products
20. Koraput Spices Based Products (Ginger)
21. Malkangiri Millet Based Products
22. Mayurbhanj Honey Based Products
23. Nabarangapur Maize Based Products
24. Nayagarh Sugarcane Based products
25. Nuapada Millet Based Products
26. Puri Milk Based Products
27. Rayagada Tamarind Based Products
28. Sambalpur Spices Based product (Chilli)
29. Subarnapur Fruit Based Products (Mango)
30. Sundargarh Mushroom Processing

State Policy & Fiscal Incentives

Policy & Incentives Description
Name of Policy

Industrial Policy Resolution – 2015 and Odisha Food Processing Policy – 2016

Nodal Agency

MSME department

Single Window Clearance System
Power/Electricity Subsidy
  • Electricity tariff reimbursement of INR 0.25 to INR 1.25 per unit for a period of 5 years depending on investment and employment generated provided a minimum investment of INR 50 crore and a minimum employment of 75 people

  • Electricity duty exemption for 5 years upto a contract demand of 5 MVA

Capital Subsidy

Capital subsidy of 10% on investment in plant and machinery up to INR 10 to 50 crore depending on investment and employment generated provided a minimum investment of INR 50 crore and a minimum employment of 75 people. With investment less than 50 crore, capital subsidy of 33% on investment in plant and machinery up to INR 3 crore

As per Odisha Food Processing Policy - 2016:
  • 25% up to Rs. 2 crore

  • 33% up to Rs. 3 crore for industries setup by SC, ST, Women or in KBK districts

  • 25% up to Rs. 5 crore for Anchor industries

  • 50% up to Rs. 4 crore for state-of-the-art NABL accredited Food testing labs outside Cuttack, Berhampur & Bolangir

  • 35% up to Rs. 5 crore for cold chain, value addition and preservation infrastructure for non-horticultural produce or for primary processing centers/collection centers for all produce

Interest Subsidy

@5% per annum interest subsidy subject to a total maximum limit of INR 10 lakh to 1 crore, depending on the investment

VAT/CST/SGST/TAX Exemption/Reimbursement

100% net SGST reimbursement for a period of 7 years subject to a maximum of 200% of cost in plant & machinery

Others

Additional Subsidy/ Scheme pertaining to the State

  • Training subsidy of INR 1750 to INR 3000 per employee skill upgradation and INR 2500 to 4000 per employee newly trained for 3 years depending on investment and employment generated provided a minimum investment of INR 50 crore and a minimum employment of 75 people

  • 100% reimbursement of contribution towards ESI and EPF for displaced workers for duration of 3 years and for differently-abled workers for a period of 5 years if the unit is classified as Large. If classified as Micro or Small then reimbursement of 75% for male employees and 100% for female employees on expenditure towards ESI and EPF scheme for 5 years. If medium then, reimbursement of 50% for male employees and 100% for female employees on expenditure towards ESI and EPF scheme for 3 years. All the above provisions are applicable for employed skilled and semi-skilled workers domicile of state as regular

  • 100% assistance for patent and intellectual property right registration up to INR 10 lakh

  • 100% assistance for obtaining quality certification for a period of 3 years up to INR 3 lakh

  • 100% reimbursement of the cost of purchase of technical know-how up to INR 1 lakh for indigenous technology and up to INR 5 lakh in case of imported technology

As per Odisha Food Processing Policy – 2016:
  • Assistance to Reefer Vehicle: Credit linked back ended subsidy @ 35% of the cost of standalone new reefer vehicles/ mobile pre-cooling vans up to maximum of Rs. 25 lakh

  • Promotional Assistance:

    • Up to Rs. 2 lakh per event for organizing seminar/workshops

    • Support to exhibitions/fairs

    • 50% of expenditure for a max of 2 batches for domestic study tour/exposure visit

    • 50% of the cost up to Rs. 4 lakh for conducting studies/surveys/feasibility reports
  • Assistance for setting of Food testing laboratory up-to Rs.4 crore.

Government Support in Marketing:
  • Incentives provided for Refrigerated vehicles, Sorting grading packing units, Retail Market Outlets under MIDH.

  • Top-up subsidy @ 20% on selected components under State Agriculture Policy

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