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Odisha's Remarkable Growth Story Over 89 Years

The New Indian Express Jeypore

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April 01, 2025

As Odisha celebrates Utkal Divas 2025, the state takes pride in its remarkable journey of transformation since its formation on April 1, 1936.

From a predominantly agrarian economy to a dynamic industrial and technological hub, Odisha has successfully balanced economic growth with social development.

With significant strides in infrastructure, industrialization, IT, tourism, and sustainability, the state is paving the way for an inclusive and progressive future. Over the decades, Odisha has witnessed a steady evolution from a resource-driven economy to a diversified industrial powerhouse.

The state's Gross State Domestic Product (GSDP) has grown consistently, recording an impressive compound annual growth rate (CAGR) of over 8% in recent years. The industrial sector, particularly steel, aluminum, and mining, has been a major contributor, while agriculture, IT, and tourism have also played crucial roles in driving economic growth.

While Odisha is known for its huge mineral base and minerals like iron ore, bauxite, and coal are present, the state is shifting from raw material exports to downstream industries and advanced manufacturing. It has established itself as a top producer of steel and aluminum.

The state has registered remarkable advancements in sectors like horticulture, aquaculture, and dairy farming, thereby strengthening rural livelihoods. Remarkably sustainable agriculture, climate-resilient crops, and organic farming are being promoted to ensure food security and ecological balance.

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