A new Odisha export policy soon: Patnaik

Image
Press Trust of India Bhubaneswar
Last Updated : Sep 21 2017 | 2:28 PM IST
Encouraged over the high growth rate of exports in the state, Chief Minister Naveen Patnaik today annonced that a new Odisha Export Policy, 2017 would be announced soon.
Patnaik said this while inagurating a workshop on 'Export Strategy of Odisha' here. Besides, in order to ensure "ease of doing business" to exporters, the state is in process of accomodating all export related organisations under a single roof, Patnaik said.
Stating that these steps will go a long way in enhancing value of exports from Odisha, Patnaik said the state had registred a significant growth in the field of exports since 2001-02. The export turnover of Odisha which was merely Rs 5063 crore in 2001-02, had increased 34 times to Rs 19082 crore in 2015-16.
"It is heartening to note that because of collective efforts of our exporters, the value of exports between 2015-16 and 2016-17 has registred a phenomenal growth of 114 per cent from Rs 19,082 crore to Rs 40,872 crore," Patnain said.
Odisha's MSME Minister Prafulla Samal said the state had been continuously increasing for the last few years and it was a good indication for the export trade in future. He also called upon the exporters of Odisha to involve more and more in the overseas trade and tap the maximum export potential of the state.
MSME Additional Chief Secretary L N Gupta stressed on development of export infrastracture of the state to bridge the gap of logistic support that the state required. A 'Raptani Bhavan' is going to be set up very shortly to provide single window facilities to the exporters in Odisha.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Sep 21 2017 | 2:28 PM IST

Next Story