Odisha’s Green Economy to Create 10 Lakh Jobs & ₹3.5 Lakh Crore Investments. A CEEW study reveals that Odisha could generate 10 lakh jobs and attract ₹3.5 lakh crore in green investments by 2030. Key sectors include energy transition, circular economy, and bio-economy, boosting the state’s GDP by 23%. The Green Odisha Initiative aims to drive sustainable growth through policy innovation, making Odisha a leader in India’s green economy. 🌱🚀
Odisha’s Green Economy: 10 Lakh Jobs & ₹3.5 Lakh Crore Investments by 2030, Says CEEW Study
Odisha is on the path to becoming a green economy leader, with the potential to create 10 lakh full-time equivalent (FTE) jobs by 2030 while attracting ₹3.5 lakh crore in investments. This ambitious projection comes from a study conducted by the Council on Energy, Environment, and Water (CEEW).
The study, launched at the ‘Utkarsh Odisha – Make in Odisha Conclave’ in Bhubaneswar, outlines a roadmap for economic transformation through sustainable energy, a circular economy, and bio-economy initiatives. If implemented effectively, these measures could contribute ₹2 lakh crore to Odisha’s GDP, increasing it by 23% and positioning the state as a national leader in sustainable growth.
A Roadmap to Green Economic Transformation
The CEEW study, titled “How a Green Economy Can Deliver Jobs, Growth, and Sustainability in Odisha”, highlights 28 green value chains that offer immense employment and investment potential.
These value chains include:
✔ Seaweed farming
✔ Bamboo processing
✔ Floating solar energy projects
✔ E-waste recycling
✔ Sustainable tourism
✔ Bio-based packaging solutions
Through the Green Odisha Initiative, the study provides a strategic framework to align policies, investments, and government actions for fostering economic growth while ensuring environmental sustainability.
Read More About Manipur Honors Champions
Key Green Sectors Driving Odisha’s Growth
1. Energy Transition: ₹1.5 Lakh Crore Investment & 4 Lakh Jobs
The energy transition sector is expected to be a major driver of job creation, with 14 value chains related to renewable energy and sustainable technologies. This includes:
- Solar and wind energy projects
- Battery storage systems
- Electric vehicle (EV) manufacturing
These initiatives alone are expected to attract ₹1.5 lakh crore in investments and generate 4 lakh jobs by 2030.
2. Bio-Economy & Nature-Based Solutions: 5 Lakh+ Jobs
Odisha’s natural resources provide massive opportunities for growth in the bio-economy and nature-based solutions (NbS) sectors. This includes:
- Sustainable agriculture with bio-inputs
- Mangrove restoration projects
- Agroforestry and organic farming
- Seaweed cultivation for food and biofuels
These initiatives could create over 5 lakh new jobs while contributing ₹26,000 crore to Odisha’s economy.
3. Circular Economy: 30,000 Jobs & ₹10,000 Crore Market Potential
The study emphasizes the importance of the circular economy, which focuses on recycling and reusing materials to reduce waste and environmental impact. This sector alone could:
✔ Generate 30,000 new jobs
✔ Unlock a ₹10,000 crore market
Odisha’s rapid industrial growth presents an opportunity to implement waste recycling and resource recovery initiatives, which will create employment while reducing the carbon footprint.
Sustainable Tourism: Unlocking Economic Growth in Underserved Regions
With rich cultural heritage and natural beauty, Odisha has the potential to expand its sustainable tourism industry. By integrating eco-tourism initiatives, the state can:
✔ Generate employment in rural areas
✔ Support local communities
✔ Preserve biodiversity and natural ecosystems
The government is expected to focus on responsible tourism development, leveraging sites like Chilika Lake, Simlipal National Park, and Konark Sun Temple to attract eco-conscious travelers.
Odisha’s Leadership in Green Policy Innovation
First State to Secure Global Climate Funding
Odisha has set a precedent by becoming the first Indian state to receive global climate funding and implement climate budgeting. These policies encourage sustainable investments and help mitigate climate risks while ensuring economic growth.
Expert Insights on Odisha’s Green Economy Transition
Arunabha Ghosh, CEO of CEEW, emphasized Odisha’s pioneering role in India’s sustainable economic transition.
“By leveraging its natural diversity and critical mineral resources, Odisha could become a hub for green industries. The state’s policy innovation and leadership offer a model for aligning economic growth with climate resilience,” she stated.
Additionally, Abhishek Jain, Director of Green Economy & Impact Innovations at CEEW, highlighted the importance of integrating resources and overcoming challenges in scaling up green sectors through the Green Odisha Initiative.
Why Odisha’s Green Economy Matters for India
The CEEW study underscores that Odisha’s approach to a green economy can serve as a national blueprint for balancing:
✔ Job creation
✔ Economic development
✔ Environmental sustainability
Higher Jobs-to-Investment Ratios in Green Sectors
The study found that value chains in the circular economy and bio-economy generate significantly more jobs per ₹1 crore investment compared to the energy transition sector:
✅ Circular Economy: 12 times more jobs
✅ Bio-Economy: 9 times more jobs
This highlights the need for targeted policy measures to maximize employment opportunities in these high-impact sectors.
Green Odisha Initiative: Key Action Plan
To fully realize Odisha’s green potential, the study recommends the implementation of a comprehensive Green Odisha Initiative.
Proposed Strategies:
✔ Whole-of-Government Approach – Ensuring inter-departmental collaboration for seamless policy execution.
✔ Sector-Specific Interventions – Prioritizing coastal regions for seaweed farming and industrial zones for waste recycling.
✔ Common Results Framework – Setting clear, department-wise targets to track progress and optimize resource allocation.
Conclusion: Odisha’s Green Growth Vision for 2030
With a well-defined Green Odisha Initiative, the state is poised to lead India’s transition to a sustainable, low-carbon, and job-rich economy. By investing in renewable energy, circular economy practices, and bio-economy solutions, Odisha can:
✅ Create 10 lakh jobs
✅ Attract ₹3.5 lakh crore in investments
✅ Boost GDP by 23%
✅ Establish itself as a global hub for green industries
As India looks forward to a sustainable future, Odisha’s leadership in green growth and climate resilience serves as an inspiration for other states to follow suit. 🌱🌍🚀
I specialize in providing clear and concise content on national and state-level government exams, helping aspirants easily access important exam information. Drawing from my own experience as a candidate, I offer a unique perspective that simplifies complex details. My work covers exam notifications, syllabus, admit cards, results, as well as updates on PSU and private sector job vacancies, ensuring job seekers stay informed and confident in their preparation.