On 26 June 2026 Odisha launched the “Go East” initiative — Government of Odisha – Eastern Investment Accelerator and Special Task Force — to attract strategic investments from eastern and north‑eastern India.
Core features
- Acronym: Government of Odisha – Eastern Investment Accelerator and Special Task Force (Go East).
- Special Task Force: High‑level body to fast‑track investment proposals and project implementation.
- Go East Cell (IPICOL): Dedicated unit within the Industrial Promotion and Investment Corporation of Odisha Limited for facilitation.
- Go Swift digital module: Real‑time monitoring and tracking of investment approvals and project status.
Policy & regional focus
- IPR‑2022 amendments: Enhanced incentives for non‑mineral industries in 15 economically backward districts designated as ‘Thrust Sector’ regions.
- Selected districts: Balangir, Kalahandi, Nuapada, Kandhamal, Boudh, Gajapati.
- Deregulation 1.0 & 2.0: Average industrial setup time reduced from ~400 days to <160 days; target to reduce below 100 days.
Investment data & sectors
- Approvals since June 2024: 477 projects worth ~Rs 9.5 lakh crore; projected creation of ~6 lakh jobs.
- Sectors targeted: Steel, aluminium, chemicals, petrochemicals, semiconductors, electronics, power.
- Recent MoUs (26 June 2026): Seven MoUs totalling ~Rs 24,823 crore.
IASPOINT Booster Facts
- IPICOL: State nodal agency for investment promotion and single‑window facilitation in Odisha.
- IPR‑2022 scope: Fiscal incentives, land policy measures and special packages for thrust districts and priority sectors.
- Metric link: Time‑to‑start reduction aligns with Ease of Doing Business indicators used in state reform benchmarking.