Bhubaneswar: The mineral-rich Odisha will take a central role in driving national growth as a manufacturing hub of the country, said Chief Minister Naveen Patnaik during a programme here today.
Releasing a Vision Report – “Economic Possibilities for Odisha Towards a One Trillion Dollar Economy”, jointly prepared by JSW Group and PwC India at Secretariat on Wednesday, Patnaik said, “Odisha, having huge natural resources, is on its way to achieve this objective through its investment friendly policies, infra connectivity and skilled manpower.”
In view of huge potential and growth of industries in various sectors in Odisha, Patnaik said that it will help Odisha in making the state a $1 trillion 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. 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,” he said.
Speaking on the occasion, JSW Chairman Sajjan Jindal emphasised the role of regional economies in making India a $10 trillion economy. He described Odisha as the ‘hidden gem’ of India.
The Vision Report stresses on the unique competitive advantages of Odisha over the states and its potential to become the export hub for metal products across the world.