1. Odisha – Brief Profile

2. Contents  Overview of the State  Economy of the State  Key Indicators  Strategic Advantage  Investment Scenario  Ease of Doing Business  Key Links Slide 2 September 2015

3. Slide 3 Overview of the State September 2015

4. Salient Features  Odisha, the ancient Kalinga has been gifted with nature’s bounty with 480 km long coastline with golden beaches, serpentine rivers and a rich wild life.  The State of Odisha extends from 17.49N latitude to 22.34N latitude and from 81.27E longitude to 87.29E longitude.  It is home to Asia’s largest brackish water lake, the Chilika Lake.  The State is divided into five major regions: coastal plains in the east, middle mountains and highland region, the central plateaus, western rolling uplands and major flood plains. Slide 4 September 2015

5. Industry Outline  While retaining its pristine glory, Odisha also consists of a huge industrial base - Manufacturing, Mining, Food Processing, Agro- based industry, Chemical Industry, Textile industry, etc.  Odisha is a land of minerals with vast deposits of Coal, Iron-ore, Manganese-ore, Bauxite, Chromite, Dolomite, Limestone, Graphite, etc. Slide 5 September 2015

6. Slide 6 Economy of the State September 2015

7. Economy of the State  One of the fastest growing economies in India, expected to grow in double digits  Achieved 8.78 % GDP growth during 2014-15, 20% higher than India’s GDP growth, and is poised to grow at around 12% by year 2020 Slide 7 September 2015 * Forecast by Dun & Bradstreet

8. Slide 8 Key Indicators September 2015

9. Soci0-Economic Indicators  Geographical Area – 155,707 sq km, around 5% of the total land area of India  Population, working age population – 42 million which is around 3.47% of India’s population. The working age population is 17.54 million which is 2.2% of India’s working age population.  Per capita income – Odisha’s per capita income is Rs.28,384 and India’s per capita income is Rs 74,380.  Literacy Rate - Odisha’s literacy rate of 73.45% is catching up fast with the national literacy rate of 74.04%. Significant achievement as the drop out rate has fallen down to 1.97% in 2013-14 as compared to 18.5% in 2005-06. Slide 9 September 2015

10. Knowledge Resources Slide 10 717 number of ITIs and polytechnics with capacity of 110,956 per annum 150 number of engineering colleges with 38,253 graduates per annum 415 number of skill centers proposed for imparting industry employable skills 10 Medical Colleges with a capacity of 980 per annum Presence of national institutes of higher learning o Indian Institute of Technology (IIT) o Indian Institute of Management (IIM) o Xavier's Institute of Management (XIMB) o National Institute of Technology (NIT) o Institute of Minerals, Mines and Technology(IMMT) o International Institute of Information Technology (IIIT) September 2015

11. Public Utilities  Roads: Total road length of 250,836 km and density of 1,611 km per ‘000 sq km and 5.9 km per ‘000 population. The National Highways have a network of 4,510 km in the State.  Railway: Total rail network of 2,540 km. Rail density of 16 km per ‘000 sq km and 0.06 km per ‘000 population.  Power: The total Installed power capacity of the State is 9,036 MW with a Peak Power Deficit of 21.2%. The Renewable Energy Potential of Odisha is 116 MW.  Hospitals: 3,537 allopathic medical institutions with 30,295 beds(0.72 beds per’000 population)  Tele Density: Overall Tele density of 60.9 per ’00 population. Slide 11 September 2015

12. Key rates for industrial inputs Slide 12 September 2015

13. Slide 13 Strategic Advantages September 2015

14. Bountiful Resources Slide 14 Value of Odisha’s mineral production is approx. USD 3.64 billion - more than the aggregate value of 21 other Indian States. Largest Stainless Steel producer Largest Aluminium producer - more than 50% Aluminum Smelting capacity 20% of the Steel making capacity of India September 2015

15. Excellent connectivity through a road network of 250,836 Km. Well connected to other Indian states through multiple state & national highways. ROADWAYS RAILWAYS PORTS AIR The broad and narrow gauges pass through majority of the districts and enable easy evacuation of minerals. Presence of major ports in the State gives significant competitive advantage and acts as the Gateway to the ASEAN region Connecting to major airports in India. Bhubaneswar Awarded AAI’s best airport in India. Seamless Connectivity September 2015 Slide 15

16. Robust Infrastructure Slide 16 IT & Communication Infrastructure Communication network in recent years is developing with a proper pace in the land of Odisha. Even the remote areas of Odisha have been connected through telecommunication, postal network and mobile coverage. There has been considerable improvement in telecom coverage and also the quality of services. Power Situation First state in the country to bring in power sector reforms. The power situation in Odisha is better than many of the States as Odisha is a power surplus State. The installed capacity of the State has doubled from 2005-06 to 9,036 MW in 2014-15. September 2015

17. Ample Availability of Land -IDCO is the Nodal Agency for providing industrial infrastructure in the State of Odisha. -IDCO has created an online GIS enabled portal which allows a prospective investor to view the land bank and the existing industrial estates. -Under this portal, land parcels have been earmarked based on various pollution categories. -A prospective investor can choose the area in which he/she intends to invest and can view the map along with the infrastructure availability in proximity of the selected land parcel. -IDCO is the Nodal Agency for providing industrial infrastructure in the State of Odisha. -IDCO has created an online GIS enabled portal which allows a prospective investor to view the land bank and the existing industrial estates. -Under this portal, land parcels have been earmarked based on various pollution categories. -A prospective investor can choose the area in which he/she intends to invest and can view the map along with the infrastructure availability in proximity of the selected land parcel. Slide 17 URL: http://www.idco.inhttp://www.idco.in -106 Industrial Estates across 27 districts. -8,000 acres Industrial Land under Operation -12 new estates with 3,000 acres expected to be operational soon. -420,000 acres of land identified. -75,000 acres applied for acquisition. -106 Industrial Estates across 27 districts. -8,000 acres Industrial Land under Operation -12 new estates with 3,000 acres expected to be operational soon. -420,000 acres of land identified. -75,000 acres applied for acquisition. September 2015

18. Land Information Category: Categorized as green, orange or red on the basis of the type of industries that can be setup on them. Digitization: Land records have been digitized and the system is known as “Bhulekh”. URL: http://bhulekh.ori.nic.in/RoRView.aspxhttp://bhulekh.ori.nic.in/RoRView.aspx Process of change of land Use - Change of land use for industrial purposes is being handled by the Revenue and Disaster Management Department. The timeline to complete this process is 60 days. Details of Taxes - Stamp duty is 5% of the total value of the land or building. Model Sale Deed - The State has a model sale deed, which can be seen under the URL: http://www.odisha.gov.in/revenue//Communications/Circulars/R egistration/17552_13_05_13.pdf Slide 18 September 2015

19. Slide 19 Investment Scenario September 2015

20. FDI Inflows  Odisha topped in attracting investments in 2012-13 as per RBI report.  The current FDI inflows from April 2000 to Jan 2015 is USD 397 million.  World Bank Report ranked Bhubaneswar as the 3 rd best city in India to do Business  Bhubaneswar, termed as ‘The Dark Horse’, was one of the top four favoured destinations for new start ups in India as per Economic Times report. Slide 20 September 2015

21. Key Focus Sectors identified by the State Auto and Auto Components Downstream and Ancillary Industries IT and ESDM Industries Tourism Agro and Food Processing Manufacturing in Aviation and Maintenance, Repair & Overhaul (MRO) facilities Pharmaceuticals Handicrafts and Textile Petroleum, Chemicals and Petro-Chemicals Plastics and Polymers Slide 21 September 2015

22. Policy Slide 22 National FDI Policy 2015 Industrial Policy, 2015 State Agriculture Policy, 2013 Odisha MSME Development Policy, 2009 Policy for Special Economic Zone, 2015 Odisha Food Processing Policy, 2013 Odisha Tourism Policy, 2013 ICT Policy 2014 Odisha’s Robust Policy Framework Industrial Policy, 2015 Exemption of Stamp Duty upto 100% Interest Subsidy of upto INR 1 crore(USD 158,000) Exemption of Electricity Duty upto 100% Reimbursement of VAT upto 100% Reimbursement of Entry Tax upto 100% Employment cost Subsidy of upto 100% September 2015

23. Policy Highlights Slide 23 September 2015

24. Policy Highlights Slide 24 September 2015

25. Details of applicable State Taxes Slide 25 Value Added Tax Act Central Sales Tax Entry Tax Professional Tax Online Registration: Online system for the industries to register under the various Acts. The process eliminates all physical touchpoints and allows the user to register and pay online. The URL for registration and payment are given below: For Registration: www.odishatax.gov.in For Payment: www.odishatreasury.gov.in Online Registration: Online system for the industries to register under the various Acts. The process eliminates all physical touchpoints and allows the user to register and pay online. The URL for registration and payment are given below: For Registration: www.odishatax.gov.in For Payment: www.odishatreasury.gov.in September 2015

26. Key Incentives Slide 26 Stamp Duty exemption/subsidy: 1.Micro & Small Sector: 75 % of applicable Stamp duty 2.Medium Sector: 50 % of applicable Stamp duty. 3.Large Sector: 25 % of applicable Stamp duty 4.Priority Sector: 100% of applicable Stamp duty 5.Loan agreements, credit deeds, mortgages and hypothecation deeds executed by the Industrial Units in favour of Banks or Financial Institutions shall be allowed 100% exemption from stamp duty. Stamp Duty exemption/subsidy: 1.Micro & Small Sector: 75 % of applicable Stamp duty 2.Medium Sector: 50 % of applicable Stamp duty. 3.Large Sector: 25 % of applicable Stamp duty 4.Priority Sector: 100% of applicable Stamp duty 5.Loan agreements, credit deeds, mortgages and hypothecation deeds executed by the Industrial Units in favour of Banks or Financial Institutions shall be allowed 100% exemption from stamp duty. Tax Incentives: 1.Reimbursement of Value Added Tax (VAT) at 100% for 7 year for priority sectors and a 75% for 5 years for other non-priority sectors. 2.Entry Tax exemption of 100% for Plant and Machinery and 100% on raw materials for 7 years. Tax Incentives: 1.Reimbursement of Value Added Tax (VAT) at 100% for 7 year for priority sectors and a 75% for 5 years for other non-priority sectors. 2.Entry Tax exemption of 100% for Plant and Machinery and 100% on raw materials for 7 years. Reimbursement in Power Tariff Energy exemption: 1.500 KVA for 5 years for Small Scale Industries. 2.5 MVA for 5 years Other incentives: 1.Committed 24*7 power 2.Dedicated industrial feeder Reimbursement in Power Tariff Energy exemption: 1.500 KVA for 5 years for Small Scale Industries. 2.5 MVA for 5 years Other incentives: 1.Committed 24*7 power 2.Dedicated industrial feeder September 2015

27. Incentives Offered Slide 27 September 2015

28. Incentives Offered Slide 28 September 2015

29. Slide 29 Incentives Offered September 2015

30. Incentives Offered Slide 30 September 2015

31. Investment Regions & Industrial Clusters Slide 31 Investment Regions  National Investment and Manufacturing Zone at Kalinganagar  Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) at Paradeep  Port based manufacturing zone at Dhamra  Sector specific industrial parks in:  Electronic Manufacturing  Aluminum  Plastics  Food Processing  Textiles  Sea food Investment Regions  National Investment and Manufacturing Zone at Kalinganagar  Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) at Paradeep  Port based manufacturing zone at Dhamra  Sector specific industrial parks in:  Electronic Manufacturing  Aluminum  Plastics  Food Processing  Textiles  Sea food September 2015

32. Investment Regions Slide 32 National Investment & Manufacturing Zone(NIMZ), Kalinganagar Area - 40,339 acres Envisaged Investment: USD 15.21 billion Availability of feedstock Presence of large integrated steel plants such as TATA Steel, Jindal Stainless, Maithan Ispat Ltd, VISA Steel, Nilanchal Ispat Nigam Ltd. along with support infrastructure Petroleum, Chemicals and Petrochemical Investment Region (PCPIR), Paradeep Area - 68,000 acres Envisaged Investment - USD 42.20 billion. Anchor tenant – Indian Oil Corporation Limited Anchor projects - 15 MMTPA grass root refinery; and setting up a 700 KTA Polypropylene plant Opportunities D ownstream industries and clusters PPP based development of infrastructure. September 2015

33. Area - 223 acres Estimated project cost - USD 29 million. Committed feedstock of metal, Value added products to cater to white goods, auto components and construction Exclusive infrastructure facility for downstream industries in the aluminum sector Area - 300 acres Estimated project cost - USD 76 million Commitment on feedstock Exclusive industrial park catering to value added products in steel Area - 2970 acres Envisaged Investment - USD 2.38 billion Includes multi-product SEZ over 2570 acres Anchor project by Tata Steel over 400 acres. Opportunities in steel and allied downstream industries, chemical, etc. Area – 550 acres Estimated Project cost – 325.4 million Amtek Metal and Mining Limited is also setting up a 2 MTPA steel plant and a 500 MW power plant. Plan to transfer the hot metal from blast furnace to auto park. Area - 500 acres Estimated project cost - USD 33 million Commitment on feedstock Exclusive industrial park for downstream industries in stainless steel sector Downstream Aluminium Park, Angul Downstream Steel, Angul Gopalpur Industrial Park & SEZ Auto park, Choudwar Stainless Steel Industrial Park, Kalinganagar Industrial Parks Slide 33 September 2015

34. Area - 120 acres; Estimated Project Cost- USD 16.7 million Committed feedstock from Indian Oil Corporation Ltd. State-of-the-art plug & play infrastructure with common facility center Area - 215 acres Estimated project cost - USD 32 million. Exclusive focus on electronic components Social infrastructure to complement the physical infrastructure Co-existing software/IT ecosystem as the facility is an integral part of ‘Infovalley’, 600 acre development at Bhubaneswar Area – 152 acres Estimated project cost - USD 18.9 million An exclusive infrastructure facility for seafood/marine products. Only such facility on the east coast of India State-of-the-art common facility center with cold storage and packaging facilities Mega Food Parks at Khurdah over an area of 162 acres MITS Food Park at Rayagada over an area 200 acres. Fully developed infrastructure to support food processing industries Common Facility Center housing pulping line, cold storage, raw,material godowns etc. Developed at Soroda over an area of 97 acres and Bhadrak over an area of 217 acres. Fully integrated infrastructure facility to support the entire value chain of textiles Opportunity to set up spinning, processing and garmenting units Plastics Park at Paradeep Electronics Manufacturing Cluster, Bhubaneswar Seafood Processing Park, Deras Mega Food Park Integrated Textile Park Industrial Clusters and Parks Slide 34 September 2015

35. Slide 35 Ease of Doing Business September 2015

36. Investor Facilitation Nodal Agencies for Investment Facilitation Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) functions as the State Level Nodal Agency (SLNA) District Industries Centers function as the District Level Facilitation Agency (DLNA). Slide 36 Dedicated Investor Facilitation Cells at the State and District levels to strengthen the investor facilitation. The key objective of the Facilitation Cells is: To guide the investors Assess the project proposals Follow up for timely approvals for establishment & operation of the units. September 2015

37. Single Window System Slide 37 INVESTOR IPICOLDICs DLSWCASLSWCA HLCA More than Rs. 500 million (USD 7.94 million) Up to Rs. 500 million (USD 7.94 million) Chief Secretary 16 members (Secretary/ Heads of Departments) District Collector 10 members (Representatives from concerned departments More than Rs. 10 billion (USD 158.73 million) Chief Minister 12 members (Ministers/Secretaries) The State established Single Window Clearance mechanism for providing time bound clearances and approvals. A Combined Application Form (CAF) has been created which all departments/authorities are mandated to accept for various clearances and approvals. The Single Window Clearance System in the State categorizes the proposed projects into three groups based on the total investment proposed. September 2015

38. Timelines for Approvals Slide 38 15 days (Green Category Industries) Final Project Approval within 15 days 30 days Final Project Approval within 30 days for Other Industries Ease of Doing Business September 2015

39. Timelines for various approvals Slide 39 September 2015

40. Timelines for various approvals Slide 40 September 2015

41. Slide 41 Timelines for various approvals September 2015

42. Slide 42 Timelines for various approvals September 2015

43. Slide 43 Detailed Timelines September 2015

44. August 2015 Slide 44 Key Links

45. Websites August 2015 Slide 45