98% of chromite, 55% of bauxite and 33% of iron ore deposits of India are in Odisha. To leverage on this advantage and encourage investments in the manufacturing sector, the State has envisaged this "National Investment and Manufacturing Zone (NIMZ)" at Kalinganagar and is determined to create state-of-the-art infrastructure and enabling industrial-urbanism, catering to metal and manufacturing industry.
The project is spread over an area of 40,339 acres which already boasts of large integrated steel plants with support infrastructure. An estimated investment of over $15.21 billion is expected to be made in this Zone. Availability of diverse and large mineral reserves of aluminium, chrome and other feedstock will enable the potential investors for setting up of their industries with focus on Auto ancillaries, component manufacturing, Equipment/process manufacturing, heavy fabrication, downstream steel industries etc.
The Zone shall also have exclusive areas earmarked to be developed as downstream/ancillary industrial parks, which will thrive on the available feedstock. The development of these parks and the supporting physical and social infrastructure shall be carried out on PPP basis providing significant opportunities for the developers.
India is the fourth largest consumer of crude oil and petroleum products in the world. India is also the third largest producer of chemicals in Asia. The sector has been growing significantly over the past few years. This can be substantiated by the fact that Chemical products' contribution to the state GVA increased with a CAGR of 12% over the period of 5 years from 2013 to 2018.
PCPIR region at Paradip is being developed as world class infrastructure to provide a conducive business environment and promote and attract exclusive investments in the Petroleum, Chemicals, Petrochemicals and allied sector. It is one of the four proposed PCPIRs in India and is also located near one of the largest freight ports in India, which provides a gate way to all the markets in Indo-China and Eastern Asia.
Spread across an area of nearly 68,000 acres and with envisaged investment of USD 42.20 billion, the PCPIR at Paradip is one of the largest integrated investment regions in India. Indian Oil Corporation Limited (IOCL), India's biggest state-owned oil gas corporation is the anchor tenant in the project and has committed petrochemical feedstock facilities such as Polypropylene, Mono Ethylene Glycol, Paraxylene-Purified Terephthalic Acid (PTA) Complex and Petcoke Gasification from its refinery.
The Dhamra Investment Region is envisioned to become a stepping stone in the development of a resilient and responsible port city in the Dhamra region with a focus on controlled and sustainable urban growth while supporting local livelihoods.
Consisting of six optimally designed industrial zones with world class facilities, the project's multi-sectoral approach would offer the ideal environment for setting up manufacturing facilities for various industries such as food processing, textiles, fertilisers, chemicals and pharmaceuticals. It would also be equipped with a logistics hub, which would handle domestic and international traffic from its industrial zones as well as support adjacent industrial clusters. Additionally, it would have dedicated commercial, recreational and residential zones making Dhamra a self-contained ecosystem.
The region has the advantage of excellent road, rail and port connectivity and is proposed to be developed as one of the coastal economic zones under the Sagarmala programme. Its port connectivity would make Dhamra an excellent value proposition for industries looking to tap into the rapidly growing markets of South-East Asia.
Supplemented with favourable state policies and abundant resource availability, Dhamra is well poised to open fresh avenues for industrial development on the east coast of India.