Bhubaneswar: Odisha has the potential to become one trillion dollar economy by 2050. This has been projected by a vision report- Economic Possibilities for Odisha toward a One Trillion Dollar Economy — prepared jointly by JSW Group and PwC India.

The Odisha chief minister, while releasing the vision repot on Wednesday, said, Odisha, having huge natural resources is on its way to achieve this objective through its investment friendly policies, infra connectivity and skilled manpower. Odisha will take a central role in driving the national growth as a manufacturing hub”, he asserted.

“The global economy has grown over three times in past three decades, and its projected that it could grow more than double in size by 2050. The potential of mineral based industries in Odisha along with other sectors like agriculture, food processing, creative industries, MSMEs, women entrepreneurship will play an important role in making Odisha a one trillion dollar economy.”

The chairman of the JSW, Sajjan Jindal, emphasised on the role of regional economies in making India a ten trillion dollar economy . He described Odisha as the hidden gem of India.

The vision report emphasises on the competitive advantage over other states, and its potential to become the export hub for metal products across the world.

PwC India partner Ranen Banerjee was present on the occasion of release of the vision document.