The Government of Odisha has made several policy announcements in order to attract investments into the various sectors of the economy. These policy documents have been framed in such a way so as to fully utilise the State's resources; create gainful employment and improve the quality of life of the people. They also envisage the investment incentives and schemes. Thus, these policy measures underline a roadmap which guide the investors about the various opportunities in the State.

The major being, the Industrial policy, which has been formulated with a view to create an enabling environment for industrial promotion and investment facilitation in the State. The objectives of the policy are to:-

• Transform Odisha into a vibrant industrialized State;



• Enhance the share of industries in State Gross Domestic Product;



• Promote orderly and environmentally sustainable industrial growth;



• Promote Odisha as a major manufacturing hub;



• Maximise employment generation opportunities;



• Maximise linkages between micro, small, medium and large industries and make efforts for development of ancillary and downstream industries;



• Promote employment intensive sectors such as handicrafts, handlooms, Khadi and village industries, coir and salt;



• Promote sectors such as information technology, biotechnology, agro, marine and food processing, tourism, textiles and automotive industries;



• Promote revival and rehabilitation of potentially viable sick industries, especially in the micro, small and medium enterprises (MSME) sector;



• Maximise industry and institution linkages in the areas such as manpower planning, research and development, etc;



• Make concerted efforts for balanced regional development.

Anther important policy is the Information Technology (IT) Policy, which has been framed in order to develop a well planned, robust and futuristic IT architecture in the State. This will bring about positive changes in all walks of life and society, resulting in ease and convenience in transaction, augmenting employment opportunities and ushering higher
economic growth in a definite time frame. The objectives of the policy are to:-

• Provide easy access to information;



• Encourage transparency in governance practice;



• Promote door step delivery of host of services;



• Increase employment opportunities;



• Offer a hassle free business friendly environment to the ICT entrepreneurs;



• Narrow down the digital divide;



• Attract investments into the State;



• Achieve high export turnover and economic growth.

Besides, the 'State Reservoir Fishery policy' has also been announced with a view to augment fish production in the State by harnessing the vast untapped /undertapped reservoir resources. The objectives of the policy are to:-

• Generate gainful rural employment with special reference to the fishing communities;



• Introduce systematic management strategies both for conservation and sustained fish production;



• Attract increasing investments from private sector;



• Stimulate entrepreneurship for fishery sector with special reference to reservoir fishery;



• Substitute traditional methods by introduction of advanced technology in operation of reservoir fishery;



• Develop skill among fishermen / fisherwomen in reservoir operation and organizational strengthening;



• Generate substantial revenue for the State.

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