Odisha’s Rank Drops 8 Places In NITI Aayog’s Export Index

Bhubaneswar: Odisha has slipped eight places in NITI Aayog’s Export Preparedness Index 2021.

The state, which was at fifth spot in 2020, has slipped to 13th place in 2021, with a score of 42.04 out of 100. Gujarat is on top, followed by Maharashtra, Karnataka, Tamil Nadu and Haryana.

The Export Preparedness Index assesses states’ export potential, policies and performance.

Odisha’s scorecard: 1.04 (lowest) in trade support, 12.33 in R&D infrastructure, 14.59 in infrastructure, 29.63 in export diversification, 31.64 in growth and orientation, 35.17 in access to finance, 35.83 in transport connectivity, 38.72 in export infrastructure, 59.32 in institutional framework and 62.15 in business environment.

The state scored 26.05 in the overall export ecosystem, 30.64 in export performance, 36.94 in business ecosystem and 79.66 in policy.

Odisha ranked sixth among the eight coastal states and is among four coastal states which scored a perfect 100 in export promotion policy. Also on the positive side, the state has been rated as the most cost-competitive state in terms of cost of setting up and running a business.

Odisha is at 22nd position in business ecosystem, 18th in export ecosystem, 10th in export performance and fifth in policy pillar.

Coastal states usually score higher on export performance with a combined share of exports that is more than 54 per cent. Odisha exports aluminum ingots (not alloyed) of Rs 13,557 crore to 25 countries, iron ore lumps of Rs 4,308 crore to five countries, agglomerated iron ore pellets of Rs 6,875 core to 10 countries, sheets of flat-rolled products of Rs 4,337 crore to 13 countries and high carbon ferro-chrome of Rs 4,051 crore to 24 countries, according to TNIE.

The state exports high flash high-speed diesel fuel worth Rs 3,109 crore to 11 countries, vannamei shrimp of Rs 2,787 crore to 24 countries, alumina calcined of Rs 2,526 crore to eight countries and aluminum billets (alloyed) of Rs 2,408 crore to 34 countries, the TNIE report said.