Odisha, having huge natural resources, is on its way to become a one trillion-dollar economy and play a big role in driving national growth, said Chief Minister Naveen Patnaik here on Wednesday.
Releasing a Vision Report “Economic Possibilities for Odisha Towards a One Trillion Dollar Economy”, jointly prepared by JSW Group and PwC India at Secretariat on Wednesday, Patnaik said that minerals-rich Odisha would achieve the objective of being a one trillion dollar economy through its investment friendly policies, infra connectivity and skilled manpower.
“The global economy has grown over three times in the past three decades, and it is projected that it could grow more than double in size by 2050. The potential of mineral based industries in Odisha along with other sectors like agriculture, food processing, creative industries, MSMEs, women entrepreneurship will play an important role in making Odisha a One Trillion Dollar Economy,” he said.
Speaking on the occasion, JSW Chairman Sajjan Jindal emphasised the role of regional economies in making India a $10 trillion economy. He described Odisha as the ‘hidden gem’ of India.
The Vision Report stresses on the unique competitive advantages of Odisha over other States and its potential to become an export hub for metal products across the world.