Top 77 Business Plans for Startup- Odisha (Orissa)
List of 77 Business Ideas for Startup – Odisha (Orissa). Investment Opportunities in Bhubaneswar, Cuttack, Rourkela, Brahmapur, Sambalpur, Puri, Balasore, Bhadrak, Baripada, Jharsuguda, Bargarh, Dhenkanal, Barbil, Angul, Jajpur.
Odisha is located in the eastern region of India. The state shares its borders with West Bengal on the north-east, Jharkhand on the north, Andhra Pradesh on the south, Chhattisgarh on the west, and the Bay of Bengal on the east.
The state’s economy witnessed high growth rates between 2015-16 and 2019-20, with Gross State Domestic Product (GSDP) expanding at a Compound Annual Growth Rate (CAGR) of 12.70 per cent.
Odisha has emerged as a key state with regards to the mineral and metal-based industries. At 40.7 per cent in 2018, Odisha contributed the largest share of mineral production India in terms of value. Value* of minerals produced in the state reached Rs 30,170.22 US$ 4.28 billion) in 2018-19.
Related Projects: – Best Business Opportunities in Odisha (Orissa)
It is the first state in India to have undertaken reform and restructuring initiatives in the power sector. As of March 2020, Odisha accounted for a total installed power generation capacity of 8,566.59 megawatt (MW), comprising 3,828.22 MW under state utilities, 2,771.39 MW under private sector, 1,996.68 MW under central utilities.
The state attracted Foreign Direct Investment (FDI) inflow worth US$ 605 million during April 2000 and March 2020 according to the data released by Department for Promotion of Industry and Internal Trade (DPIIT).
Odisha has a well-developed social, physical, and industrial infrastructure, and the state government has undertaken several infrastructural projects to further promote overall development. The state’s infrastructure includes well-connected road and rail networks, airports, ports, power, and telecom.
Project: – Which Business is best in Odisha (Orissa)?
Map of Odisha
Odisha (Orissa):-
District Name | City Name |
1. Angul
2. Boudh 3. Balangir 4. Bargarh 5. Balasore 6. Bhadrak 7. Cuttack 8. Debagarh 9. Dhenkanal 10. Ganjam 11. Gajapati 12. Jharsuguda 13. Jajpur 14. Jagatsinghapur 15. Khordha 16. Kendujhar 17. Kalahandi 18. Kandhamal 19. Koraput 20. Kendrapara 21. Malkangiri 22. Mayurbhanj 23. Nabarangpur 24. Nuapada 25. Nayagarh 26. Puri 27. Rayagada 28. Sambalpur 29. Subarnapur 30. Sundargarh |
Bhubaneswar
Cuttack Raurkela (Rourkela) Brahmapur (Berhampur) Sambalpur Puri Baleshwar (Balasore) Bhadrak Baripada Balangir Jharsuguda Jaypur Bargarh Brajarajnagar Rayagada Bhawanipatna Paradip Dhenkanal Barbil (Bada Barabil) Jatani Kendujhar (Kendujhargarh) Byasanagar Rajagangapur Sunabeda Koraput |
Town Name
Agastinuagan Anjira Arjyapalli Badagada Badakodanda Badamba (Nizigarh) Badmal Balagoda (Bolani) Balimela Balugaon Balipatapur Banaigarh Bandhbahal Bangomunda Bardol Belagachhia Bhabinipur Bhakarsahi Bhapur Bhatli Rayagada Rengali R. Udayagiri Saranga Sayadpur Sheragada Sohela |
Town Name
Bijepur Birapratappur Bishamakatak(Bissam Cuttack) Borigam Boriguma Borigumma)Brahmabarada Budhapanka Bundia Champua Chandapur Chandili Charibatia Chitrakonda Dadhapatna Daitari Damanjodi Danara Daringbadi Dungamal Ghantapada Subalaya Surala Suvani Tikarpada Tipo |
Town Name
Godiputamatiapara Golabandha Hatibandha Indipur Itamati Jalda Jashipur Jhumpura Kaipadar Kalarangiata Kaliapani Kalyanasingpur Kandasar Kanheipur Khatiguda Krushnanandapur Kuanrmunda Kukudakhandi Kulad Kullada Kunjabangarh Tushura Venkatraipur |
Town Name
Kurumuli Lalsingi Lathikata Lochapada Loisinga Madanpur Rampur Majhihara Makundapur Mohana Mukhiguda Nalco Nuahata Nuapatna Palalahada Palurgada Panposh Papadahandi Paradipgarh Pathar Patrapur Pitala Pratapsasan Raighar Rajasunakhala Ramgarh Ranapurgada
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Types of Industries in Odisha
The Orissa Industry is going places with excellent industrial infrastructure and presence of top national and international companies. The state has witnessed an industrial upsurge due to the favorable industrial atmosphere in the state. The state government of Odisha has invited major industrial houses of the country and abroad to invest in the state. It has achieved a considerable amount of success and several prime companies have set up their plants in the state.
Book: – BOOKS & DATABASES
The entire industrial structure of the state can be divided into following categories
- Large-Scale Heavy Industries
- Large-Scale Industries
- Small-Scale Industries
Large-Scale Heavy Industries
This segment includes the industrial units that need massive capital investment and include iron steel industry, aluminium, cement, Ferro-manganese, Ferro-chrome, steel rolling mills, fertilizer plants, Ceramic Glass, Aluminium Mines, Rare Earths, thermal, Steel Plant and power projects.
Large-Scale Industry
- Paper Mills
- Textile Industry
- Silk Production
- Textile
- Sugar Mills
Market Research: – Market Research Report
The state is rich in forest resources, which has prompted the growth of several forest based industrial plants. The cottage industry of Orissa includes the;
- Sericulture industry
- Cotton textile mills
- Sugar mills
- Rice mills
Small-Scale Industry
Among the other industries beverage, tobaco, gur and molasses are important. The tobaco industry is wide spread and provides employment to large number of persons.
In bidi production, the old disticts of Sambalpur, Sundargarh, Balangir, Keonjhar, Cuttack and Balasoreare important. Although Odisha has a large cattle population, it imports leather goods. The principalcentres of leather production are Boudh, Balangir, and Keonjhar. Modern tanneries have been set-up at Cuttack and Khariar Road.
Related Project: – What is the Best Business Plan to Start in Odisha
Production of inks, paints, and varnishes, soap,wood and wood products also employ a large number of persons in the towns. For jwellery and filigree work, Cuttack and Berhampur are famous. Stone carving is important in puri. The Salt Industry is being modernised at Huma in Ganjam district and at Astarang in Puri district. The Industrial estate of Bhubaneswar has been developed at Rasulgarh and Mancheswar. The most important among these is the coach building unit at Mancheswar.
- Brass industry
- Tobacco industry
- Beverage
- Molasses
- Aluminum utensil making plants
Economy of Odisha (Orissa)
Over 76 percent of the people are dependent on agriculture. Out of the gross cropped area of 87.46 lakh hectares, 18.79 lakh hectares are irrigated. Rice, pulses, oil seeds, jute, Mesta, sugarcane, coconut and turmeric are important crops. There are also cash crops like tea, cotton and rubber. The state contributes one-tenth of the rice production in India. Jute, gram, sesame, ragi, mustard, rape and maize are second-ranking crops in different districts. District-wise, jute ranks second in Cuttack and Balasore, gram in Puri and Phulabani and Maize in Mayurbhanj. The infrastructure for the development of industry in Orissa is available.
Projects: – Project Reports & Profiles
A combination of coal, iron ore, limestone, bauxite and a host of other minerals on the one hand and port facilities on the other are the unique features in Orissa. In addition, the bountiful forest resources and agricultural products provide ample scope for the development of forest-based and agro-based industries.
The major industries of the state include cement, aluminum, ceramic glass, chemical, fertilizer, heavy water, aeronautical industry, and Agri-based industries such as cotton textiles, sericulture, sugar mills and rice mills.
Compendium of Investment Projects
Odisha is fast emerging as the manufacturing hub of the East in India through its industry-friendly environment and policy framework. With a rich maritime trade history and one of the largest major ports of the country at Paradip, Odisha is the eastern gateway to the ASEAN region.
The State has been a well-known mineral hub of the country. In the recent past, the State has undertaken a series of initiatives to broad-base the industrial development by attracting investments across diversified sectors with significant potential. My Government has launched Odisha Industrial Development Plan: Vision 2025 with focused attention on 5 sectors which aims to attract investments to the tune of Rs. 2.5 lakh crore and generate direct & indirect employment opportunities for 30 lakh people.
Project: – Which Business is best in Odisha (Orissa)?
On the back of these initiatives, numerous opportunities for investments have opened up for investors across different sectors. This compendium includes key features of investment projects in sectors and areas including industrial parks, textiles, healthcare, logistics, transport, information technology, electronics manufacturing, food processing, urban infrastructure, smart city, chemicals, petrochemicals, plastics, energy, tourism and downstream industries.
Odisha aims to emerge as one of the country’s top three startup hubs by 2020, and to facilitate at least 1,000 startups over the next five years. To encourage entrepreneurship in Odisha, the State government provides three types of funding – a monthly sustenance allowance of Rs 20,000 per month, monetary assistance up to Rs 15 lakh for new product development and marketing, and need-based funding.
Project Opportunities in Orissa:-
- Mineral Water
- Mosquito Coils (Automatic Plant)
- Modern Bakery Unit
- Mayonnaise – Manufacturing Plant
- Mishri (sugar Candy)
- Maize And It’s By Products
- Moringa Oleifera (drumstick) Powder
- Multiplex Cinema Hall (84+84 Seats Double Screen)
- Multiplex Cinema Hall (164 Seats Single Screen)
- Multiplex Cinema Hall (108+108 Seats Double Screen)
- Non-Woven Fabric
- Non-dairy Whipping Cream
- Pan Chutney
- Petroleum Distillation Plant (Oil Distillation Refinery Plant)
- Petroleum Coke
- Pickles (Various Types)
- Plastic (P.V.C.) Laminated Collapsible Tubes
- Power Transformer
- PVC & XLPE Cables
- Plastic Crates
- Pasta And Macaroni
- Power Generation From Garbage
- PPR Pipes
- Production Of Paracetamol (acetaminophen)
- Paracetamol Used Phenol As Building Block
- Paracetamol
- Potato Flakes
- Potato Powder, Flakes & Granules With Cold Storage
- Polyester Fiber From Corn/starch
- Polylactic Acid (PLA) From Lactic Acid
- Pearl Sugar Candies / Candy
- Pan Masala Sada, Meetha & Zarda
- Potato Products (potato Balls, Nuggets And French Fries)
- Ready to Eat Food (Retort Packing)
- Roller Flour Mill (with Color Sorter)
- Rubber Compound Toys (using Plaster of Paris)
- Rocking Chairs
- Rice Milling Unit
- Ropes
- Rice Flakes And Puffed Rice
- Ready To Eat Food (rte)
- Restaurant With Microbrewery
- Sanitary Napkin (Low Investment Project)
- Spices (100 % EOU)
- Spices (turmeric, Chilli & Masala Powder)
- Surgical Cotton & Bandages
- Spice Powder (turmeric, Chilli, Pepper, Coriander And Cumin Powder)
- Seafood
- Surgical & Examination Latex Rubber Gloves
- Stable Bleaching Powder
- Sodium Hypochlorite (bleach Liquor)
- Solar Pump
- Solar Power Plant
- Solar Cell
- Solar Photovoltaic (pv) Modules Assembling Plant (10 Mw)
- Solar Photovoltaic-a Viable Future Alternative Of Renewable Energy
- Solar Photovoltaic Power Plant
- Solar Panel
- Solar Panel Assembling & Solar Power Inverter On Grid, Off Grid With Solar Pump Controller
- Soyabean Products (soya Milk, Soya Paneer & Soya Extract)
- Vanatian Blinds
- Textile Industry (cotton Fabric)
- Thermocol Cups, Glass and Plates
- TMT Bars
- Turmeric and Ginger Oil
- Tomato Paste
- Tooth Brushes
- Three Star Hotel
- Tourism And Hospitality Sector
- Water Treatment Chemicals (R.O., Boiler and Cooling Tower)
- Woven Sack
- Woven Jumbo Bag/Flexible Intermediate Bulk Containers
- Warehouse
- Wind Mill
- Whole Wheat Processing Unit To Extract Vwg And Starch Milk To Fermentation For Ethanol
- Water Park
- Zinc Sulphate (Agriculture Grade)
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