Comprehensive District Annual Plan 2011-12 Balasore District

Comprehensive District Annual Plan 2011-12 Balasore District
played a vital role in socio-economic development of the district. Agro-based industries and
marine industries can be developed to a larger extent for rapid industrialization of the
district.
The district Balasore has a potential market for its agro-based industrial products. The
adjoining districts like part of Keonjhar and Bhadrak depend on Balasore. FCI is the prime
purchaser of rice produced by the millers. Huge fish harvesting also create a vast demand
for ice blocks. The medium, small scale and cottage industries are able to market their
products within the district.
Two Industrial Estates have been established at Balasore and Baliapal and seven Industrial
areas in the district. The Estate is being maintained by IDCO.
Food processing Industries
Balasore district has immense potential in food processing industries. Paddy and fish are
the chief commodities in the district followed by vegetables, coconut and sunflower. Post
harvest technology and management plays a crucial role in value additions to agriculture.
With improvement in food processing, the farmers of the district will get better price for
their produce and this will create additional employment opportunities. At present this
district has in this sector potential in enterprises like paddy/jute processing unit, Spices
unit, Oil Ghanies, Desiccated coconut, pickles, Jan, Jelly, Fish processing, Fish pickle
product etc.
SWOT analysis of Industry sector
Strengths
• The District possesses fairly educated huge numbers of potential entrepreneurs, workers.
• Construction of Dhamara port and other minor ports will promote industrial growth in the
area.
Weaknesses
• Lack of mineral resources, hence absence of major industries.
• Poor status of handloom and cottage industries.
• Lack of uninterrupted supply of electricity is a major constraint for industrial development
in the district.
• Lack of adequate technical institutions.
Opportunities
• Establishment of Agro-based industries
• Establishment of marine based industries
• The adjoining districts like Mayurbhanj, part of Keonjhar and Bhadrakh depend on
Balasore.
• Huge fish harvesting create a vast demand for ice blocks.
• The upcoming of Dhamara Port and industries in Paradeep area are going to open up the
market of industrial products and consumer goods.
• Good road network.
• Availability of agricultural products for Agro based industry.
• Availability of water and manpower
Threats
• Flow of low cost consumer goods from Kolkata.
• Entrepreneurs/Corporate houses are more interested to establish units in Jajpur and
Keonjhar district.
TSI: NABARD Consultancy Services (NABCONS) 50