Odisha has systematically fostered a business-friendly environment that supports private enterprise and enhances the profitability of investments. The State has developed a robust policy framework, offering a mix of financial incentives and sector-specific policies designed to attract investment. These policies are aligned with Odisha's vision for industrial growth, aiming to promote investments across key sectors such as manufacturing, renewable energy, information technology, and mining. The Government of Odisha continues to focus on creating an enabling environment for businesses to thrive, ensuring ease of doing business through streamlined processes and continuous policy reforms.
The Industrial Policy Resolution 2022 has been formulated to create a conducive environment through an enabling Policy and regulatory framework to drive sustainable industrial growth in the State. The State is committed to simplify the processes and procedures and expedite project approvals and clearances. The Policy focusses on providing quality industrial infrastructure, creation of a large land bank, financial assistance to the private sector for development of industrial infrastructure and sustainable environmental protection. The emphasis of the policy is to make Odisha “a destination of choice” for industrial enterprises.