BHUBANESWAR: Governor Hari Babu Kambhampati on Tuesday said Odisha is no longer waiting to be recognised, it is ready to thrive, blossom and lead the growth engine for Viksit Bharat.
Addressing the Odisha Assembly on the first day of the Budget session, Kambhampati said, the Vision Document unveiled by Prime Minister Narendra Modi for Odisha on June 20, 2025, targets transformation of the state into a $500 billion economy by 2036 and $1.5 trillion economy by 2047.
The Governor said the state’s contribution to the national GDP in that period will increase from three per cent to five per cent, with annual growth rising from seven per cent to 9.5 per cent through reforms in investment, execution and technology adoption. The Odisha government has prepared a comprehensive vision document for 2036, when the state turns 100 years, and for 2047 to mark the centenary of India’s independence.
The Governor’s speech highlighted the steps taken by the government for all-round development of the state, in industry, infrastructure, health, education and agriculture sectors even as the Opposition BJD and Congress walked out of the House alleging it was all empty rhetoric.
The Governor said the state targets raising the per capita income from `1.8 lakh to `32 lakh by 2047, improving living standards, reducing multi-dimensional poverty to five per cent, improving female labour force participation to 70 per cent, raising life expectancy beyond 80 years and eliminating anaemia and malnutrition, in alignment with India’s vision and global best practices.
Stating that the Odisha government is grateful to the Centre for approval of two state-of-the-art semiconductor manufacturing units in the state under the India Semiconductor Mission, involving an investment of `2,066 crore, he said this marks a landmark step towards positioning Odisha as a semiconductor and electronic hub.
“Infrastructure is not only concrete and steel, it is the silent enabler of every dream of a Samruddha Odisha by 2036,” he said.
The Governor said Centre’s recent approvals for mega projects in Odisha reflect strong confidence in the state’s future and will unlock significant socioeconomic benefits. The approval of the `8,300 crore for Rameshwar-Paradip coastal highway will substantially improve coastal connectivity by reducing distance and travel time by 45 per cent. Besides, the green light to the six-lane access-controlled greenfield capital region ring road (Bhubaneswar bypass), with an investment of about `8,308 crore will decongest Bhubaneswar, Cuttack and Khurda, help lower logistics costs and strengthen trade through seamless multi-modal integration.
Highlighting Odisha’s strong position in the steel sector, the Governor said the state currently has 55 steel plants with an annual production capacity of approximately 45 million tonne, accounting for nearly 23 per cent of the country’s total production. The government has demonstrated Odisha’s industrialisation capability in 2025 by grounding and inaugurating 85 industrial projects with investment of over `2 lakh crore, creating employment for more than 1.65 lakh people.
“During the year, through focused engagements from Utkarsh Odisha: Make-in-Odisha conclave in January last year to the recently concluded Hyderabad roadshow, Odisha has attracted investment intents exceeding `7.1 lakh crore,” he added.
The Governor expressed satisfaction over the achievements in anti-Naxal operations, with 48 Maoists neutralised, 78 arrested and 82 surrendered in the last five years. In 2025 alone, 25 Maoists were neutralised, he said.