Odisha recognized as ‘champion state’ in exports growth

Bhubaneswar: The Centre has recognized Odisha as “champion state” for recording highest growth in exports during 2016-17.
The commerce ministry posted it on its Twitter handle after a review meeting on the export performance of states. “Glad that Odisha is recognized by Govt of India as Champion State in the country in exports growth. Our strategic efforts to ensure an ecosystem for medium and MSME sectors will further boost employment opportunities for the youth and consolidate,” tweeted Naveen.
Odisha’s export volume has been increased from Rs 19, 082 crores in 2015-16 to Rs 40,872 crore in 2016-17. The growth of exports has a direct positive impact on the enhancement of employment and livelihood opportunity, said an official statement.
Major sectors of exports are aluminium, aluminium products, iron ore, processed minerals, iron, steel, marine products, residual chemical and allied products, textiles and IT and IT-enabled service. Also, sectors like engineering, handicrafts, tourism, silver filigree and rubber are emerging as new items of exports.
“As part of the new export strategy, the state is going to enhance its focus on exports of pharma, plastic, spices, cereals and organic farm items,” said MSME secretary L N Gupta.
The export turnover of the state was merely Rs 563 crore in 2001-02 that increased to Rs 8917 crore in 2005-07. The export turnover of the state was Rs 15,411 crore in 2008-09.
The state government expected further growth in export volume following commencement of exports from Multi-Model Logistic Parks (MMLP) at Jharsuguda, Inland Container Depot (ICD), Balasore and Port-side Container Terminal (PSCT) at Paradip.

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