Odisha is one of the 29 states of India, located in the eastern coast. It is surrounded by the states of West Bengal to the north-east, Jharkhand to the north, Chhattisgarh to the west and north-west, Andhra Pradesh and Telangana to the south and south-west. It is the 9th largest state by area, and the 3rd largest by tribal population .Odia (formerly known as Oriya) is the official and most widely spoken language.
The modern state of Orissa was established on 1 April 1936, as a province in British India, and consisted predominantly of Odia-speaking regions. The region is also known as Utkala and is mentioned in India’s national anthem, “Jana Gana Mana”. Cuttack was made the capital of the region by Anantavarman Chodaganga in c. 1135, after which the city was used as the capital by many rulers, through the British era until 1948. Thereafter, Bhubaneswar became the capital of Odisha.
Odisha is experiencing steady economic growth. The impressive growth in gross domestic product of the state has been reported by the Ministry of Statistics and Programme Implementation. Odisha’s growth rate is above the national average. The central Government’s Urban Development Ministry has recently announced the names of 20 cities selected to be developed as smart cities.
Odisha has abundant natural resources and a large coastline. Odisha has emerged as the most preferred destination for overseas investors with investment proposals. It contains a fifth of India’s coal, a quarter of its iron ore, a third of its bauxite reserves and most of the chromite. Rourkela Steel Plant was the first integrated steel plant in the public sector in India, built with collaboration of Germany.
Odisha was the second top domestic investment destination with Gujarat first and Andhra Pradesh in third place according to an analysis of ASSOCHAM Investment Meter (AIM) study on corporate investments. Odisha’s share was 12.6 percent in total investment in the country.
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