Business Potential of state Orissa.Ppt
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PresentationonBusiness Potential
oforissa
Presented By:
KUMAR GAURAVNITIN KUMAR
PRADEEP SINGH YADAV
RAJESH SINGH
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State at a Glance
Capital
Bhubaneswar
Area1,55,707 square kilometres
Population 20013,68,04,660
Per capita income 2009
Rs. 16,149Urban population14.97%
Literacy rate63.08%
Number of districts30
Number of towns
138Number of villages51,350
Principal cropsRice, Pulses, Oilseeds
Major industriesSteel, Aluminium, Power,
Cement, Mineral-based.
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A Brief Introduction About Orissa
Orissa is a state in eastern India. Located on the east coast ofIndia, by the Bay of Bengal. The modern state of Orissa was
established on 1 April 1936 as a province in British India
The state capital is Bhubeneshwar, which is also full ofnatural resources of the state.
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http://en.wikipedia.org/wiki/States_and_territories_of_Indiahttp://en.wikipedia.org/wiki/Indiahttp://d/wiki/Bay_of_Bengalhttp://d/wiki/Provincehttp://d/wiki/British_Indiahttp://d/wiki/British_Indiahttp://d/wiki/Provincehttp://d/wiki/Bay_of_Bengalhttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/States_and_territories_of_India -
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Orissa Performance on key socio-economic indicators
A. Economic Performance of Orissa:
The gross state domestic product (GSDP) of Orissa has exhibited animpressive growth rate of 9.53 percent between 1999-00 and 2005-06,increasing from $8.16 billion in 1999-00 to $14.08 billion (advancedestimates) in 2005-06.
The primary sector currently accounts for 42.7 per cent of the Net StateDomestic Product (NSDP), having fallen from 49.4 percent in 1997-98. Thegrowth of primary sector has been 6.39 percent during this period. , comprisingagriculture and livestock, fishing and mining and quarrying.
The secondary sector has a 15.4 percent share in NSDP and grew at a CAGR of11.12 percent between 1997-98 and 2003-04, comprising manufacturing,construction and electricity, gas .
The tertiary sector accounted for 41.9 per cent share in NSDP in 2003-04, upfrom 36.9 percent in 1997-98, comprising communication, financial services,real estate and related services, public administration and other services).
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REGULARITY FRAMEWORK
Procedures for entry and exit of firmsThere are basically three stages involved to start a industrial unit in the State of
Orissa,which are given under-
a) Entry Stage (Pre Implementation Stage)
b) Implementation Stage
c) Operational Stage
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OBJECTIVE OF INDUSTRIAL POLICY To transform Orissa into a vibrant industrialized State.
To enhance the share of Industries in State Gross Domestic Product.
To promote orderly and environmentally sustainable industrial growth.
To promote Orissa as a major manufacturing hub.
To maximize employment generation opportunities both direct and indirect.
To maximize linkages between micro, small, medium and large industries and
make focused efforts for development of ancillary and downstream industries.
To promote employment intensive sectors such as handicrafts, handlooms, Khadi
& Village industries, coir and salt.
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Single Window Clearance
In order to facilitate the growth of industries and to create an enablingenvironment to attract national and international investment, theState Government has enacted the Orissa
Industries (Facilitation) Act, 2004, for implementing the Single WindowClearance System with the following objectives:
Faster and one-point clearance of industrial projects;
Single point dissemination of industrial project-related information;
Streamlining of inspection of industries by different agencies and
authorities;
Leveraging public-private partnerships (PPP) for providinginfrastructure support of international standards to the industrialenvironment in the state.
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RESOURCES/INPUT Orissa has a cost effective and adequate labour force. According
to the occupational classifi cation of Census 2001, there were
14.3 million workers, constituting 38.79 per cent of the total
population.
Orissa is one of the few pioneering states to reserve 30 per
cent jobs for women in all government departments and public
undertakings. The State Government is keen to encourage
labour intensive industries.
At the end of 2006-07, 0.97 million people were unemployed in a total workforce ofabout 14million.
Industry-labour relations are cordial in the state. According to
the Ministry of Labour and Employment, Government of India, of
the 45 strikes that occurred across India between January 2007
and April 2007, only one was in Orissa.
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AVAILABILITY OF NATURAL RESOURCE Minerals Reserves in Orissa (in million MT ) % of All India ReserveIron Ore 4,177 33.91 Chromite 111 97.36 Coal 51,571 24.37 Bauxite 1,530 49.74 Lime Stone 2,224 1.30 Dolomite 882 12.00
Fire Clay 177 25.07 China Clay 314 13.34 Nickel Ore 174 95.09 Vanadiferous Magnetite 2.5 20.83 Manganese 116 28.57 Mineral Sand 86 32.33 Graphite 4.6 76.66
Pyrophylite 4.8 21.24 Lead Ore 1.9 1.08 Talc Soap Stone 1.1 0.34
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INCENTIVES TO INDUSTRYTax incentives and exemptions
Value Added Tax (VAT) Central Sales Tax (CST)
VAT Reimbursement
Entertainment Tax (ET)
INVESTMENT SUBSIDIES AND OTHER INCENTIVES
INTEREST SUBSIDY
SALES TAX
PATENT REGISTRATION
QUALITY CERTIFICATION
POWER
ASSISTANCE FOR TECHNICAL KNOW-HOW
EXPORT PROMOTION:
STAMP DUTY
LAND
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Foreign Direct Investment (FDI)
Policy
In India, approval of FDI is done in two ways i) Automatic Route
ii) Government Approval
FDI up to 100% is allowed under the automatic route without prior
approval in most of the sectors including the services sector such as
Advertising & films, Architectural Services, Computer related services,Construction & related engineering services, Health related and social
services etc.
Sectors where FDI is not allowed
Agriculture Plantation, except tea plantation
Atomic Energy Gambling, Betting, Lottery
Retail Trade
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PHYSICAL & SOCIAL INFRASTRUCTURE Land
Power
Water
Roads Railways
IT Parks
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Social infrastructureEducation
Orissa has a large number of high ranked educational institutes
like the National Institute of Technology, Rourkela, and Xavier
Institute of Management, Bhubaneswar. The Department of
Higher Education looks after education at the university, post
graduate, graduate and higher secondary levels and also
provides vocational education
Orissa has nine universities, 88 engineering/ MCA colleges
and 18 medical colleges
The Vedanta Group plans to establish a world-class technical
university with an annual intake of 100,000 students in 95disciplines
. During 2004-05, there were 45,700 primary schools with
enrolment of over 5.2 million and 99,000 teachers
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Medical Facilities
Medical & Health Care Facilities
In 2005, there were 1,701 government allopathic medical institutions in the state with
13,886 hospital beds. By the end
Orissa All-India
Population served per
Doctor 7,560* 1,607
Medical institutions 21,638* 26,536
Birth rate** 22.7 24.8 Death rate** 9.6 8.1
Infant mortality rate*** 65 63
Life expectancy at birth (years)
Male 60.1 64.1
Female 61.2 65.4
WHY ORISSA?
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WHY ORISSA? Factors influencing investment climate include
Availability and ease of use of factor inputs such as land and labour; Availability of adequate physical and social infrastructure, such as
power, telecom, urban infrastructure, water supply, hospitals, and
educational institutions;
Governance and regulatory framework in terms of rules and
regulations governing entry, operation, and exit of firms, stability inregulation, integrity of public services, law and order and investment
facilitation; and
Provision of incentives and access to credit
Orissa possesses significant tourism potential and has promisingprospects in marine-based and agro-processing industries
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INVESTMENTS US$ 12 billion (Rs. 51,000 crore) POSCO steel project at Paradeep
Infosys Technologies invests more than Rs. 135 crore in its Bhubaneswar
Reliance Energy invests Rs. 48,000 crore to set up 12,000 MW coal-based
power plant in Orissa
Tata Steel Ltd. plans 6 million MT steel project in Orissa with an
investment of Rs. 15,400 crore
Vedanta group is setting up $2.1 billion (Rs. 9,400 crore) aluminumcomplex in Orissa
Jindal Stainless is setting up a 0.8 million MT per annum integrated
stainless steel plant in Orissa with an investment of Rs. 1,612 crore.
Essar Group plans steel plant in Orissa with an investment of Rs. 6,846
crore at Paradeep Dubai Aluminum along with Larsen & Turbo (L&T) to set up an alumina
plant with initial capacity of 1.4 million MTpa in Orissa with an investment
of Rs. 5,400 crore.
Aditya Aluminum of the Hindalco group is to invest Rs. 10,725 crore for an
alumina / aluminum complex in Orissa
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Key Industrial Players In Orissa
A. Key players in the STEEL SECTOR are :-1. POSCO2. ARCELOR- Mittal3. Bhusan group
4. Tatasteel5. L&T6. Jindal group7. Hindalco8. Vedanta9. Essarsteel10. AdityaAluminium
B. Key players in PETROCHEMICALS SECTOR are :-1. Indian oil corporation
C. Key players in Power sector are :-
1. Tata Power
2. RelianceEnergy
3. Sterlite Energy
4. Mahanadi5. Aban
6. Monnet Ispat
7. EssarPower
8. Lanco Group
9. NavBharat Power
10. CESC
11. GMR Energy
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Thank You