Capital subsidy, SGST reimbursement and duty relief for priority and thrust sector projects in Odisha
Odisha Industrial Policy Resolution 2022
Odisha's Industrial Policy Resolution 2022, notified by Industries Department Resolution No. 12300 of 30 November 2022 and effective from 1 December 2022. The text says it stays in force for 5 years or until another policy replaces it, whichever is later, so it is in force on 24 October 2026 and runs to at least the end of November 2027. Invest Odisha lists it as the current industrial policy with two amendments: one of 2024 (stamp duty on government and IDCO land is now paid and reimbursed, among other changes) and a second resolution of 24 June 2026, read in full, that moves non-mineral units in 15 districts from the priority to the thrust sector. We found no newer industrial policy. The figures below are from the policy's incentive table; it gives no MSME-specific rates.
Priority and thrust sector units investing in Odisha. Smaller MSMEs usually come under the MSME policy below
- Capital investment subsidy of 20 per cent (priority) or 30 per cent (thrust) of plant and machinery cost, with no upper limit, paid over five years from commercial production
- Reimbursement of 100 per cent of net state GST, up to 200 per cent of plant and machinery cost (300 per cent in the Biju Economic Corridor)
- Full electricity duty exemption for 7 years (priority) or 10 years (thrust), and power tariff reimbursement of ₹2 a unit for the same years
- 100 per cent of the employer's ESI and EPF contribution for skilled and semi-skilled workers from the state, for 5 years (priority) or 7 years (thrust)
- Stamp duty exemption, or reimbursement of stamp duty paid after the 2024 amendment, on land allotted by the government, IDCO or private industrial estate developers
- A unit that qualifies as priority or thrust sector under the resolution
- Priority sector, non-mineral new manufacturing units: direct jobs for at least 200 people from the state
- Since 24 June 2026, non-mineral new units in Bolangir, Boudh, Deogarh, Gajapati, Kalahandi, Kandhamal, Kendrapada, Koraput, Malkangiri, Mayurbhanj, Nabarangpur, Nayagarh, Nuapada, Rayagada and Subarnapur count as thrust sector (earlier priority) if they have at least ₹5 crore of plant and machinery and 20 employees from the state
Through GO SWIFT, the state single window on Invest Odisha, for approvals and land from IDCO. Claim incentives through the Incentive Administration service on the same site; its Incentives Wizard shows what applies to a project.