Odisha to promote MSME and export oriented projects

Encouraged over its record growth in the export performance, the Odisha government has today decided to set up specific projects which will boost both the export and micro small and medium enterprises (MSMEs). This was decided at a meeting chaired by Chief Secretary B K Patnaik here.

"We will stress on development Sector Specific Industrial Parks, Mega Food Parks, Incubation Centers and IT parks in different parts of the state," Patnaik said.

The export performance of the state has reached a record growth during 2010-11 with export of different products worth above Rs 17,098 crore. While the amount of export in 2006-07 was around Rs 12,837 crore, it increased to Rs 14,644 crore in 2008-09. The major exports from the state included mineral products, electronics products, metallurgical products, engineering, chemical and allied products, handloom and textile products, agriculture and forest products, pharmaceutical products, handicrafts, gems and jewelleries and Service Providers.

Stating that a bunch of such projects have been identified by the state government in consultation with various professional organisations and consultancy agencies, a senior official said that the major proposals initiated by the government included Aluminium Park at Angul as a joint venture between IDCO (industrial development infrastructure corporation) and NALCO.

"This park will support a number of downstream industries using molten alumina which will be made available from smelter of NALCO. The Park is proposed to be developed over 400 acres of land," he said. Similarly, pre project activities have been taken up for putting up a dedicated Plastic Park at Paradip over an area of 150 acres where feedstock required for downstream industries will come from IOCL.