Objectives
- The main objective of the policy is to attract investments in Aerospace and Defence Manufacturing sector.
- Create a strong ancillary ecosystem of manufactures, suppliers and vendors through a focused cluster based approach.
- Harness the potential of ITR, DRDO, HAL, OFB and other institutions present in Odisha for developing state of art technologies, products and ecosystem for the sector.
- Promote R&D for building of indigenous advanced Aerospace and Defence technology.
- Promote skill development in Aerospace & Defence Manufacturing to create industry ready manpower.
Scope
The policy would provide incentives and exemptions in conjunction with any other applicable existing policy of the State and Government of India. Any A&D manufacturing unit may choose to avail a particular incentive either from this policy or from any other policy of the State, but not both.
Ease of Doing Business
- Online Single Window Portal system for submission of application forms for various clearances and tracking of the application
- All Aerospace & Defence manufacturing units will get approvals and clearances within stipulated timelines defined under the Odisha Right to Public Services Act.
Policy Period
The Policy will remain in operation for a period of 10 years from the date of its notification.
Operational Guidelines