Bhubaneswar: Biju Janata Dal President and Leader of Opposition in Assembly Naveen Patnaik has expressed his happiness as Odisha has emerged as the top-performing state in the country for industrial growth between FY2015 and FY2024.
The state recorded an impressive compound annual growth rate (CAGR) of 10% in its industrial gross state value added (GSVA), outpacing all other states during this period, according to a recent ICAR report.
Taking to his ‘X’ handle, LoP Naveen said that he was glad to share that Odisha’s industrial gross state value added (GSVA) grew at a compound annual growth rate (CAGR) of 10% between FY2015-FY2024, highest among all states as per the report from ICAR.
The growth was mainly fueled by manufacturing sector. With constant effort to attract investment through Make In Odisha and meticulous nurturing of industrial environment, the industry share in GSVA has reached 51% in 2024 which is among highest in the country, Naveen said.
Odisha has also recorded second highest growth in GSVA at constant prices at more than 7%, compared to 5.8% growth recorded by national economy. The sustained industrial growth not only transformed Odisha’s economy but also brought prosperity for the people, which would not have been possible without the support of 4.5 Cr people of Odisha, he further stated.
The BJD President thanked the people of the state for being partners in the transformative journey.
Naveen Expresses Happiness as Odisha Leads Country in Industrial Growth between FY2015-FY2024 News Room Odisha.
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