manufacturing sector

As per Use-based classification, the indices stand at 114.1 for Primary Goods, 70.9 for Capital Goods, 122.9 for Intermediate Goods and 125.2 for Infrastructure/ Construction Goods (Statement III) for the month of July 2020.

The Odisha Economic Survey for 2018-19 says a structural shift has happened in the state's economy during recent years. The services sector with 41.6 percent contribution to the GSDP in 2018-19 has overtaken other sectors as a major driver of the state's economy. It has been responsible lately for throwing up opportunities for employment of educated youth.

A quarterly survey by industry body FICCI portrays a better outlook for the manufacturing sector with 54 per cent of respondents reporting higher production from October to December quarter of 2018-19 compared to 47 in the same quarter of the previous year.