Economic development through industrialisation is the fruit of a concerted synergy of several initiatives; namely, a stable political leadership, investor friendly government policies, proactive institutional support and above all a positive attitude within every person involved in the process of facilitating industrial activity in the state.

The Government has taken proactive measures to attract investments by creating the concept of “Team Odisha” that encompasses the broad institutional framework of the Government which is engaged in industrial facilitation and investment promotion in all key areas of economic growth.

The Chief Minister is the Captain of Team Odisha and the principal goal of the “Team” is to provide necessary synergies and convergence of all Government efforts to ensure Odisha's position at the vanguard of economic and social prosperity. The combination of two words “Team” & “Odisha” embodies the spirit behind every effort that is made towards furthering investment climate and promoting entrepreneurship in the state.

The Odisha Industries (Facilitation) Act 2004 has been enacted to provide single window clearances so as to reduce transaction costs and times for investors. The High Level Authority chaired by the Chief Minister and State Level Authority chaired by Chief Secretary have been constituted to consider investment proposals and accord clearances. Industrial Promotion and Investment Corporation of Orissa Limited (IPICOL) and Odisha Industrial Infrastructure Development Corporation (IDCO) have been entrusted with multi-faceted roles of investor support. At the District level, the General Managers of District Industries Centres (DIC) have similar roles.

Our support

• Guidance and assistance to entrepreneurs to set up industries in the state
• One point contact solution to investors through the Single Window (SW) clearance mechanism
• Investment promotional activities at the State, National & International level
• Investment climate improvement exercises
• Necessary assistance and feedback in policy formulation for industrial progress
• Design growth strategies for the Industrial Sectors that are key drivers of the State economy