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In the past five years, Odisha exports have doubled

By amfnews Jul 23, 2022 #Featured
In the past five years, Odisha exports have doubled_AMF NEWSIn the past five years, Odisha exports have doubled_AMF NEWS
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According to MSME Minister Pratap Keshari Deb, who spoke Friday in the State Assembly, Odisha’s export revenue has increased by more than a factor of five over the previous five fiscal years.

The overall export revenue from Odisha was Rs 52,677.09 crore in the fiscal year 2017–18, but it increased to Rs 1,27,197.66 crore in 2021–22.

In response to a non-starred query from BJD lawmaker Dhruba Charan Sahoo, the Minister said.

With the exception of the fiscal year 2018–19, he noted, the state has seen good growth with each passing year.

The state’s total exports were Rs 48,119.60 crore in 2018–19, Rs 51,742.32 crore in 2019–20, and Rs 80,419.33 crore in 2020–21, a growth of 7.53 percent, 55.42 percent, and 7.53 percent, respectively.

Furthermore, during the previous fiscal year, Odisha’s export revenue increased by 58.17%.

The response states that the state’s top export contributors are metallurgical, mineral, engineering/chemical allied, maritime, and software items.

By amfnews

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