Odisha targets Rs.38,714 crore export by 2022-23

Image
IANS Bhubaneswar
Last Updated : Mar 31 2016 | 10:42 PM IST

The Odisha government has projected an export target of Rs.38,714 crore by 2022-23 at an annual growth rate of 10 percent, the assembly was told on Thursday.

MSME Minister Jogendra Behera said in a written reply that the state government has set a target of achieving the figure between 2013-14 and 2022-23 in its exports.

He said that the state has earned Rs.14,578.54 crore from 2008-09 to 2012-13 while it has achieved Rs.19,551 crore from export of various products in 2014-15 - Rs.10,836.98 crore from metallurgical, Rs.3,383.49 crore from engineering and chemicals, Rs.636 crore from minerals, Rs. 2,069 crore from marine products and Rs.2,567.17 crore from electronics products.

In order to increase export from the state, Behera said the government has notified an export policy 2014 with several facilitations including setting up export parks and trade centres in the state. "Export parks will be set up for various export products so that all necessary infrastructure facilities and common facilities like warehousing, packaging, cold chain and other logistic supports are available to exporters at one place and regular monitoring will be easier to access export performance of the park," he said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 31 2016 | 10:28 PM IST

Next Story