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Odisha's GSVA highest among all states: Naveen

Odisha's GSVA highest among all states: Naveen

Bhubaneswar, May 13 (UNI) Former Odisha Chief Minister and BJD supremo Naveen Patnaik on Tuesday thanked the people of the state for their support in its transformative journey, as Odisha registered the highest industrial Gross State Value Added (GSVA) in the country.

Taking to his X handle, Patnaik wrote, “Glad to share that #Odisha’s industrial Gross State Value Added (GSVA) grew at a Compound Annual Growth Rate (CAGR) of 10 per cent between FY2015 and FY2024 — the highest among all states, according to a report by @ICRALimited.”

The Leader of the Opposition stated that this growth was primarily driven by the manufacturing sector.

He added that consistent efforts to attract investment through the #MakeInOdisha initiative and the careful nurturing of the industrial ecosystem have resulted in the industry’s share in the GSVA reaching 51 per cent in 2024 — among the highest in the country.

Odisha also recorded the second-highest growth in GSVA at constant prices, registering over 7 per cent growth compared to the national average of 5.8 per cent.

Naveen said that Odisha’s sustained industrial growth has not only transformed the state’s economy but has also brought prosperity to its people — a feat made possible by the support of its 4.5 crore citizens.

“I thank the people of Odisha for being partners in this transformative journey. #OdishaLeads #Transformation,” Patnaik tweeted.

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