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Centre recognizes Odisha as “Champion State” for exports

 The Union Government of India has recognised Odisha as “Champion State” for recording the highest growth in exports during 2016-17. This was announced during a review meeting of the Ministry of Commerce & Industry on export performance of States and formulation of strategy. Department of Commerce has tweeted accordingly.

Additional Chief Secretary MSME LN Gupta who attended the review meeting told that merchandise exports from Odisha have registered the highest growth rate of 114% amongst all the states. Odisha exports have increased from Rs.19,082 crore in 2016-17 to Rs. 40,872 crore in 2017-18, he said adding that the story of growth of exports from Odisha is an impressive one.

Between 2012-13 and 2016-17, in USD terms Odisha’s exports witnessed a positive growth of 17.60% against the negative growth of 2.07% in overall exports of India. During the same period, in Rupee terms, a positive growth of 23.84% was recorded by exports from Odisha against a positive growth of 3.18% in overall exports of India.

“Growth of exports has direct positive impact on enhancement of employment and livelihood opportunity”, said Gupta.

The major sectors of exports are aluminium, products of aluminium, iron ore, processed minerals, iron, steel, marine products, residual chemical and allied products, textiles and IT and ITES. Of late, engineering, handicrafts, tourism, silver filigree and rubber are emerging as new items of exports.

As per Revealed Competitive Advantage (RCA) done by Federation of Indian Export Organisations (FIEO), 04 category of export items have emerged as ‘items of prime importance’ for the state having competitive advantage vis-à-vis India and world exports. These are iron, mineral metals, chemicals and marine products. 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, Gupta pointed out.

The export turnover of the state was merely Rs.563 crore in 2001-02. It rose by 15 times to Rs.8917 crore in 2005-07. Since the year 2008-09 the value of exports from Odisha has been rising on sustained basis. The export turnover, which was Rs.15,411 crore only in 2008-09, has now risen to a level of Rs.40,879 crore in 2016-17, thus registering an increase of Rs.165% in the last 9 years. With commencement of exports from Multi Modal Logistic Parks (MMLP) at Jharsuguda, Inland Container Depot (ICD), Balasore and Port-side Container Terminal (PSCT) at Paradip, the progress of which is being monitored by the state on regular basis, exports will get further boost. Gupta informed.

To help the exporters maintain standards and quality of export items, both Export Inspection Agency (EIA) and MPEDA are being pursued to commence commercial operations of their Laboratories (under progress) at Bhubaneswar before March, 2018, he said. Notably, during the current year, Odisha’s merchandise export (excluding services) have already crossed Rs.22,000 crore by October, 2017.


Précis 2017
From asking his party men to ‘live a simple life and serve the people’ to taunting the BJP for its ‘crocodile tears’, Chief Minister and BJD supremo Naveen Patnaik has not only become politically invincible, he seems to be so in the coming years too.


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