Manufacturing Business Opportunities for in Odisha (Orissa)

Manufacturing Business Opportunities for in Odisha (Orissa), Bhubaneswar, Cuttack, Rourkela, Brahmapur, Sambalpur, Puri, Balasore, Bhadrak, Baripada, Jharsuguda, Bargarh, Dhenkanal, Barbil, Angul, Jajpur. Top 100 Profit-Making Projects for Entrepreneurs, Startups.

Located in the eastern part of India, Odisha is the eighth largest (area) state in the country. It is home to the largest coastal lagoon in India (Chilika Lake). The state is also known for organizing one of the biggest chariot festivals in the world (Rath Yatra). While the state capital Bhubaneswar is known as the ‘City of Temples’, it’s also the sports capital of the country.

Odisha is the land where legendary emperor Ashoka gave up his blood-seeking thirst for power and took to ascetic life. Known for their love for pakhala (rice fermented in water), there is a rice institute in Cuttack, home of Netaji Subhash Chandra and home of the original ‘Dahi bara aloo dum’ (fried lentil dumplings in a curry-curd mix).

Related Projects: - Best Business Opportunities in Odisha (Orissa)

It is surrounded by the states of West Bengal and Jharkhand to the north, Chhattisgarh to the west and Andhra Pradesh to the south. Odisha has a coastline of 485 kilo metres along the Bay of Bengal. The region is also known as Utkala and is mentioned in India’s national anthem. Earlier, Cuttack was made the capital of the region by Anantavarman Chodaganga till the British era until 1948. Thereafter, Bhubaneswar became the capital of Odisha.

Project: - Which Business is best in Odisha (Orissa)?

Economy

Expenditure for 2020-21 is estimated to be Rs 1, 50,000 crore, an 11% increase over the revised estimate of 2019-20. The revised expenditure for 2019-20 is Rs 4,000 crore (2.9%) lower than the budgeted estimate. Fiscal deficit for the year 2020-21 is targeted at Rs 17,878 crore (3% of GSDP). In 2019-20, as per the revised figures, the fiscal deficit is estimated to decrease by Rs 693 crore to 3.41% of GSDP, as compared to the budgeted estimate of 3.49% of GSDP. The budget estimates a revenue surplus of Rs 9,509 crore (1.6%) in 2020-21.

Book: - BOOKS & DATABASES

Odisha’s economy is consistently growing at a higher rate compared to the national growth. During the last seven years, the average growth of Odisha has remained about 8% compared to national average of about 6.9%. In spite of a slowdown in the global and national economy, Odisha’s economy is expected to grow at the rate of 6.16 per cent in 2019-20 well above all India growth rate of 5%.

With the policy of the State Government to promote industries and higher investment in the infrastructure sector along with a focus on the social sector, the State economy is estimated to grow in the range of 7% to 7.5% during 2020-21.

To increase fish productivity and production a provision of Rs.16 crore has been proposed for development of Brackish Water Aquaculture, Marine Fisheries, Intensive Aquaculture and Inland Fisheries. An allocation of Rs.60 crore has been proposed to support Farmers’ Producers Organizations (FPOs) in the field of agriculture and allied sectors, food processing, warehousing and logistics sectors.

Market Research: - Market Research Report

Odisha (Orissa):-

Ease of Doing Business

District Industrial Centers (DIC) shall act as the nodal agency for promotion of MSME in the State

Single Window Clearance & Online Combined Application Form (CAF) to facilitate time bound clearances to investment

District Level Single Window Clearance Authority shall assess & recommend the requirement of land

The DICs shall be strengthened and revitalized to eliminate the existing bottlenecks and facilitate smooth functioning to address the needs of the investors.

Related Project: - What is the Best Business Plan to Start in Odisha

Online disbursement of incentives mechanism shall be developed and the applicable incentives shall be disbursed in time bound manner

An online platform shall also be facilitated for the investors to lodge grievances. A team at the state level headed by the Secretary, MSME Department shall monitor all the grievances lodged, and the action taken on the grievances.

Projects: - Project Reports & Profiles

Project Opportunities/Investment in Orissa:-

 1.    Biodegradable Plastic Pellets • Corn Starch Thermoplastic & Polyvinyl Alcohol •pbat & Corn Starch Thermoplastic •pla + Pbat + Corn Starch Thermoplastic •pla + Pbat + Caco3

2.    Bio-degradable Plates From Areca Nuts Tree Leaf, Barks And Bamboo

3.    Biodegradable Disposable Cups And Plates Using Sugarcane Bagasse

4.    Biodegradable Plastic Products (bags, Plates & Glasses)

5.    Biogas Production

6.    Biogas Power Plant From Cow Dung

7.    Biomass Gasification Power Plant

8.    Biofertilizer From Cotton Seed Cake

9.    Bagasse Based Cogeneration Power Plant

10. Biomass Power Generation Plant

11. Caramel Color

12. Card & Gray Board from Pulp and Waste Paper

13. Cashew Processing

14. Chocolate, Toffee And Candy Industry

15. Cattle Feed

16. Cellulose Acetate

17. Cement Plant

18. Copper Melting and Copper Ingot Rolling with Copper Wire Drawing

19. Corn Flakes

20. Crude Rubber Processing

21. Caps and Closures

22. Centralized Metal Testing Laboratory

23. Combs

24. Chocolate

25. Chicken/mutton (sheep Meat) Processing

26. Cake Gel (cake Improver)

27. Calcium Propionate - Manufacturing Plant

28. Cattle Breeding & Dairy Farming To Produce Milk

29. Chocolate & Confectionery

30. Chewing Gum - Manufacturing Plant

31. Cold Storage (fruits & Vegetables)

32. Cold Storage For Potatoes & Mahua

33. Cake Gel (cake Improver)

34. Cold Storage With Ice Plant

35. Cold Storage

36. Controlled Atmosphere Cold Storage

37. Cold Storage (shrimp & Agricultural Products)

38. Co-generation Power Plant Based On Bagasse

39. Compressed Biogas

40. Captive Power Plant

41. Ciprofloxacin

42. Ciprofloxacin Hcl –cipro - Manufacturing Plant

43. Dextrose Powder

44. Disposable Plastic Syringes

45. Disposable Caps

46. Disposable Surgical Face Mask & N95 Masks

47. Disposable Nitrile Gloves (powder Free)

48. Dairy Farming With Power Plant Based On Dung

49. Dairy Farming , Milk Products With Cow Urine Processing And Biogas Plant

50. Egg Powder

51. Electronics (E-Waste, E-Scrap) Recycling Plant

52. Energy Bar

53. E–Waste Recycling Plant

54. E-waste Recycling Plant (electronic Waste, E-waste, E-scrap, Or Waste Electrical And Electronic Equipment (weee)

55. E-waste & Lithium Battery Recycling Plant

56. E-waste Recycling For Extraction Of Precious Metals (nickel, Tin & Zinc), Gold, Silver, Palladium, Plastic, Glass And Copper

57. Expanded Metal Mesh Manufacturing

58. Eco-friendly Profitable Business Ideas Of Compostable & Disposable Tableware From Rice Straw And Wheat Straw

59. Ethanol As Biofuel

60. Entertainment Club, 4 Star Hotel, Amusement Park Cum Water Park, And Lake For Boating

61. Food Processing Unit (Pulses & Dates)

62. Fabricated Aluminium Products

63. Fishing Net

64. Fish Dehydration

65. Functional Food Based Bakery Products (bread, Cookies And Biscuits)

66. Frozen Layer Paratha

67. Fresh Dips

68. Fruits & Vegetables Powder (tomato, Onion, Mango, Pomegranate And Papaya Powder)

69. Fish Flavoured Chips

70. Five Star Hotel, Business Centre (shopping Centre), P. V. R. , Health Club & Banquet Hall

71. Five Star Hotel & Business Shopping Mall

72. Gunny Bags

73. Groundnut Oil

74. Hard Gelatin Capsules

75. HDPE Woven Sacks

76. Holiday Resort (Three Star Grade)

77. Hand Sanitizer Manufacturing

78. High Fructose Corn Syrup (hfcs)

79. Hard Boiled Candy

80. Hydro Based Power Plant

81. Hotel

82. Hospital With Teaching Facility

83. Hospital

84. Hotel With Discotheque

85. Information Technology (IT) Park

86. IV (intravenous) Fluids

87. Iv Fluids (BSF Technology)

88. Integrated Unit Cold Storage With Food Processing

89. Jatropha Plantation & Oil Extraction (Used as Biofuel)

90. Khandsari Sugar

91. Ladies under Garments (Bra & Panties)

92. Linear Alkyl Benzene (L.A.B)

93. LPG Cylinders

94. Latex (rubber) Foam Product

95. Lunch Boxes

96. Liquid Floor Cleaners (lizol & Easy Type)

97. Liquid Glucose From Broken Rice

98. Lemon-lime Flavoured Soft Drink (Nimbu Pani)

99. Masala Powder

100. Medical College With Hospital

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