Odisha recognised as ‘Champion State’ for exports

Odisha Uncategorized
Bhubaneswar, December 23, 2017: The central Government has
recognised Odisha as “Champion State” for recording the highest growth in
exports during 2016-17 financial year.
This was announced during a review meeting of Ministry of
Commerce and Industry on Export performance of States and formulation of strategy
attended by State MSME Additional Chief Secretary (MSME) LN Gupta. Department
of Commerce has tweeted it accordingly.
It may be mentioned 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 2015-16 to Rs 40,872 crore in
2016-17. 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.
The major sectors of exports are aluminum, products of
aluminum, 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.
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.15411 crore only in 2008-09, has now risen to
a level of Rs.40879 crore in 2016-17, thus registering an increase of Rs.165%
in the last 9 years.
With commencement of exports from Multi Model 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. 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,
It may be mentioned here that during the current year,
Odisha’s merchandise export (excluding services) have already crossed Rs 22,000
crore by October, 2017.

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