A vision report titled ‘Economic possibilities for Odisha — towards a one trillion dollar economy’, jointly prepared by JSW Group and PwC India, was released by Chief Minister Naveen Patnaik on Wednesday.
“Odisha, having huge natural resources, is on its way to achieve this objective through its investment in friendly policies, infra connectivity and skilled manpower,” said Mr. Patnaik at the report release function at the State Secretariat. Odisha will play a central role in driving national growth as a manufacturing hub, he added.
According to a press release issued on the occasion, the global economy has grown over three times in the past three decades, and it is projected to grow more than double in size by 2050.
Huge potential
“The potential of mineral-based industries in Odisha, along with other sectors like agriculture, food processing, creative industries, MSMEs and women entrepreneurship, will play an important role in making the State a one trillion dollar economy,” the release said.
JSW Group chairman Sajjan Jindal emphasised the role of regional economies in making India a ten-trillion-dollar economy. He said Odisha is the “hidden gem” of the country.
The report also emphasised the unique competitive advantages of Odisha over other States and its “potential to become the export hub for metal products across the world”.
