From resource strength to digital growth: Odisha’s FinTech and GCC moment

By Mohan Charan Majhi, Chief Minister, Odisha

India stands at a decisive inflection point in its digital and economic journey. The next phase of growth will not be defined by technology adoption alone, but by how effectively innovation is translated into jobs, enterprise creation, financial inclusion and resilient economic systems.

States will play a defining role in this transformation, acting as focus spaces where national vision is converted into tangible outcomes. Odisha today is consciously positioning itself at the forefront of this shift.

Under Hon’ble PM Narendra Modi, India’s digital public infrastructure has created an unprecedented foundation for future. Odisha’s approach has been to convert this national strength into local execution with global relevance, demonstrating how states can lead employment generation, digital integration, and long-term investment attraction.

This ambition is backed by strong economic fundamentals. Odisha’s economy expanded by 10% in 2024–25 to ₹9.5 lakh Crore, with industry contributing nearly 44% of GVA, significantly higher than the National average. Fiscal discipline remains robust, with the State ranked No. 1 in NITI Aayog’s Fiscal Health Index 2025 and maintaining prudent deficit and debt levels.

Such stability enables Odisha to invest confidently in........

© The Financial Express