Odisha CM Releases Vision Report "Economic Possibilities for Odisha - Towards a One Trillion Dollar Economy"

• The global economy has grown over three times in the past three decades, and it is projected that it could grow more than double in size by 2050

July 10, 2019 - BHUBANESHWAR – Chief Minister Shri Naveen Patnaik today released a Vision Report- “Economic Possibilities for Odisha - Towards a One Trillion Dollar Economy", jointly prepared by JSW Group and PwC India at secretariat. Releasing the report, the Chief Minister said that Odisha, having huge natural resources, is on its way to achieve this objective through its investment friendly policies, infra connectivity and skilled manpower. Odisha will take a central role in driving the national growth as a manufacturing hub.

The potential of mineral based industries in Odisha along with other sectors like agriculture, food processing, creative industries, MSMEs, women entrepreneurship will play an important role in making Odisha a One Trillion Dollar Economy.

Speaking on the occasion Chairman of JSW Shri Sajjan Jindal emphasized the role of regional economies in making India a Ten Trillion Dollar Economy. He described Odisha as the hidden gem of India. The Vision Report emphasizes on the unique competitive advantages of Odisha over other states, and its potential to become the export hub for metal products across the world.

The Report release event was attended by senior officials of the State Government, along with officials of the JSW Group and PwC India. Mr. Ranen Banerjee, Partner, PwC India presented the key findings of the study before the Chief Minister.