Odisha's Ambitious Economic Leap: Inviting Investments for a Vibrant Future

Deputy Chief Minister Kanak Vardhan Singh Deo outlines Odisha's ambitious targets to become a developed state by 2036 with a GDP of USD 1.5 trillion by 2047. Emphasizing investment in tourism, agri-food processing, and energy, Deo invites industries to drive local employment and sustainable growth.

At the 4th CII East India Summit 2025, Odisha's Deputy Chief Minister Kanak Vardhan Singh Deo unveiled the state's strategic economic ambitions. Striving to eclipse India's national 2047 development goal with its 2036 target, Odisha aims for a USD 1.5 trillion GDP.

Deo encouraged industries to invest in tourism, agri-food processing, and energy—fields poised for dramatic growth. He emphasized the significance of local job creation, reducing outmigration, and focusing on both Indian and foreign tourists to boost the state's allure.

A staunch advocate for a level-playing field, Deo cautioned against transient investment incentives. Instead, fostering long-term partnerships and robust employment mechanisms will firmly position Odisha in India's progressive future landscape.