The Odisha government, which is working on a new state export policy, has
set a target of reaching Rs 1 lakh crore of exports by the year 2025.
A spokesman of the state government said that “Odisha has set a target of
achieving an export turnover of Rs 1 lakh crore by 2025.”
He said the Government is working on a number of enabling factors that
would be included into the new export policy in order to give a major boost to
the State’s export turnover.
“A draft has been prepared for Odisha Export Policy, 2017, which lays
emphasis on promoting the exports from traditional as well as non-traditional
sectors,” the spokesman said while addressing a seminar on export finance in
The Odisha Export Policy will be in line with India’s Foreign Trade Policy
(FTP) 2015-2020. Odisha’s export
turnover, which was around Rs 563 crore in 2001-02, surged to Rs 19,082 crore
Exports from the State have increased to Rs 40,872 crore during the last
fiscal of 2016-17, recording an growth of 114 per cent compared to the turnover
He said that the State’s export turnover will get an additional boost when Inland
Container Depots (ICD) at Balasore and Jharsuguda became operational and with
the operationalization of Marine Products Exports Development Authority’s
(MPEDA) export inspection agency, which is about to complete.