Odisha eyes Rs 21,559 crore exports in FY17

The projected export figure would be a growth of 24%, which is up from Rs 17,346 crore recorded in last the financial year

Odisha has set a target to scale up its exports to Rs 21,559 crore in this financial year, up from Rs 17,346 crore recorded in last financial. If achieved, the projected export figure would be a growth of 24%.
 

Traditionally, metallurgical products have the lion's share in Odisha's export pie. Last financial year, the state exported metallurgical products valued at Rs 10,814 crore. This was followed by exports of software and electronics items at Rs 2,700 crore and marine products worth Rs 1,967 crore.

Engineering, chemical and allied products worth Rs 1,295 crore were also shipped from the state in 2015-16. Other products exported include minerals, agricultural products, handloom, handicrafts, textiles, pharmaceutical and gems & jewellery.

 

To boost exports, Odisha has already put the implementation of its export promotion policy on the fast track. The focus is now on working out a specific strategy for promoting export in each category of products. Export promotion councils on various products like handicraft, handloom, cashew, engineering goods, agricultural & food products would be set up in Bhubaneswar.

Export promotion cells would be established in departments like textiles, handloom & handicrafts, industries, agriculture, fisheries & animal resource development, steel & mines, health & family welfare and electronics & IT.