The Aluminium Park at Angul in Odisha is an exclusive state-of-the-art industrial park for ancillary and downstream industries for alumina and aluminium.
Odisha accounts for nearly 55% of the bauxite presence in India and the park has been envisaged to leverage on this advantage and encourage investment in aluminium based industries. Spread over an area of 223 acres, the park is strategically located at a distance of only 4 km from the National Highway 42. It is also first of its kind park in the sub–continent with a facility for directly having molten aluminium from the smelter. About $29 million is proposed to be spent on developing a state-of-the-art infrastructure to facilitate the industries. The park is also strategically well connected by means of roadways and railways and international airport. Paradeep port, one of the largest ports in India and a gateway to the ASEAN markets is just 174 km away from the park.
The project features an exclusive infrastructure and common facility for downstream industries in the aluminium sector. The infrastructure is designed with plug-and-play facilities, which enable the industries to setup in minimal time and begin production. The project also ensures committed feedstock of metal for the industries. Major investment opportunities lay in the value added products to cater to white goods, auto components, construction and other industries.
Electronics and Information Technology is the fastest growing segment of Indian industry both in terms of production and exports. Government of India has also allowed 100% FDI under the automatic route in the Electronics Systems Design & Manufacturing sector.
The Government of Odisha has identified IT/ITES/ESDM sector as a priority sector and ESDM park project is being developed as Greenfield ESDM cluster situated in the capital city of Odisha. The project is abutting the NH-5 and is just 22 km from the airport. The project is setup over an area of 215 acres, with investment of about $ 32 million on creating a world class infrastructure. The park is co-located with major IT players and software developers amidst the 600 acre Info Valley and is expected to generate an employment of more than 12,000 highly skilled and semi-skilled personnel. The Park boasts of state-of-the-art infrastructure focusing exclusively on electronic components manufacturing, design and development with common production facilities.
The Government of Odisha has recently approved a Special Incentive Package Scheme for ESDM sector comprising of a number of incentives including subsidy on fixed capital investment for plant & machinery, exemption from Entry Tax on acquisition of machinery and equipment, Training subsidy, 100% VAT reimbursement for a period of 5 years, Exemption from electricity duty and inspection fees, exemption of water Duty and interest subsidy. The Scheme is expected to further enhance the interest of ESDM sector industries in setting up their facilities in the Park.
The consumption of plastic products has increased exponentially over the past years, making Asia the largest consumer of plastics in the world. Odisha has realized this need and proposed to set up a Plastic Park at Paradeep to synergize and consolidate the raw material potential, and to promote vertically integrated infrastructure in making value added products. This park is developed over an area of 120 acres and an estimated investment of $16 million on infrastructure. The park is also strategically situated very close to IOCL with a committed feedstock of polypropylene and ethylene and well connected multi modal transportation system.
The park shall house state-of-the-art manufacturing units and common facilities with development of a Plastic Products Evaluation Centre (PPEC) with testing facilities, processing hall/ shop floor, tool room, design and product development facility with simulation and evaluation supporting the development for the downstream plastic industry.
The park offers investment opportunities in Plastic & polymer segments in extrusion, injection moulding, blow moulding, engineering plastics etc.
Odisha, with its long coastline of 480 km, has developed a unique proposition for seafood and marine products. India has been feeding the global demand and is the 11th largest exporter of seafood in the world. The Sea Food Park, spread in an area of 152 acres, is a Greenfield cluster at Deras with state-of-the-art Central Processing Center for collective processing of seafood products.
The Park shall house exclusive common facilities for sea food processing such as cold storage, pre-processing center, block ice factory, skill development center, polythene unit, R&D center and others. The Park is the only such facility on the east coast of India. It will also provide opportunities for investors to develop integrated Shrimp farming and processing centers. With Primary Processing Centers and Collection Centers in catchment area of 100-200 km and availability of all the required infrastructure and utilities, the Sea Food Park provides a unique base to setup a competitive and successful seafood processing facility.
Odisha abounds in biodiversity rich areas such as Chilika Lake, Bhitarkanika, Simplipal hills and many more. The State has a robust research and education infrastructure in the biotechnology sector such as the Institute of Life Sciences, Bhubaneswar, Regional Medical Research Centre, Regional Plant Resource Centre, National Institute of Science Education and Research.
The Biotech Park at Andharua, Bhubaneswar is a state-of-the-art park being developed in PPP mode to enable advancement of Biotechnology sector in the State. The park, which is being developed on an area of around 65 acres, is designed with common facilities such as testing centres and R&D labs to facilitate the industries in advanced manufacturing practices. With Government’s commitment to provide uninterrupted power supply and 1 MLD of water to the park, the project is poised to generate more than 5,000 direct and indirect employment opportunities.
The major investment opportunities in the park lie in setting up Biotechnology, Pharmaceuticals, generic drugs manufacturing and R&D units.