BHUBANESWAR: Odisha’s economy is showing remarkable strength. According to the latest Odisha Economic Survey for 2025-26, the state's Gross State Domestic Product (GSDP) is expected to reach INR 9.9 lakh crore. This represents a solid 7.9% real growth rate, comfortably beating the national average of 7.4%. 
Furthermore, more people are entering the workforce. The Labour Force Participation Rate rose to 64.5%. A standout highlight is the surge in female participation, which climbed to 48.7%, far exceeding the national figure of 40.3%.
The industrial sector is also booming, making up over 41% of the economy. In 2025 alone, the government approved 244 new projects. These projects represent an investment of INR 5.66 lakh crore and are expected to create over three lakh new jobs. New policies focusing on Artificial Intelligence (AI), semiconductors, and fintech are turning Odisha into a modern digital hub.
With high growth and a clear vision, Odisha enters the new fiscal year as one of India's most promising economic performers.
The Planning and Convergence Department released these figures just one day before the state tables its annual budget. The report paints a picture of a state moving quickly toward prosperity through smart investments and diverse industrial growth.
Rising Incomes and Job Market Gains
The average person in Odisha is becoming wealthier. The state’s per capita income jumped by 9.2% to INR 1,86,761. This growth is significantly higher than the national increase of 6.9%.Furthermore, more people are entering the workforce. The Labour Force Participation Rate rose to 64.5%. A standout highlight is the surge in female participation, which climbed to 48.7%, far exceeding the national figure of 40.3%.
Agriculture and Industry Powering Ahead
Agriculture remains a vital pillar, contributing nearly 20% to the state's economy. Farmers produced a record 150.5 lakh metric tonnes of foodgrains this year. The government supported this effort by procuring 78% of the state’s total paddy production, ensuring farmers received fair payments through Minimum Support Prices (MSP) and subsidies.The industrial sector is also booming, making up over 41% of the economy. In 2025 alone, the government approved 244 new projects. These projects represent an investment of INR 5.66 lakh crore and are expected to create over three lakh new jobs. New policies focusing on Artificial Intelligence (AI), semiconductors, and fintech are turning Odisha into a modern digital hub.
A Global Sports Capital
Odisha continues to cement its reputation as the "Sports Capital of India." In 2025, the state hosted major international events like the World Athletics Continental Tour. To keep this momentum going, the government has allocated INR 1,319 crore for sports. Plans include building world-class facilities in every block and creating regional sports hubs in six districts.Strong Financial Health
Despite heavy spending on infrastructure like railways, ports, and airports, Odisha’s finances remain stable. The state maintains the lowest debt-to-GSDP ratio among major Indian states. This fiscal discipline allows the government to invest heavily in health, education, and the empowerment of women without overextending its budget.With high growth and a clear vision, Odisha enters the new fiscal year as one of India's most promising economic performers.
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