Majhi Unveils BCPPER Economic Plan: Odisha's Growth Laboratory Targets $500 Billion by 2047

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News18•07-02-2026, 17:15
Majhi Unveils BCPPER Economic Plan: Odisha's Growth Laboratory Targets $500 Billion by 2047
- •Odisha Chief Minister Mohan Charan Majhi launched an economic plan for the Bhubaneswar-Cuttack-Puri-Paradip Economic Region (BCPPER), calling it the state's laboratory for development and prosperity.
- •BCPPER aims to be a major economic growth center, leveraging Bhubaneswar's tech, Cuttack's business, Puri's cultural heritage, and Paradip's port economy.
- •Over 80 projects are planned, including metal downstream, biotech, textiles, chemicals, tourism, education, and IT, with modern infrastructure connections.
- •NITI Aayog prepared the plan, approving BCPPER's inclusion in the City Economic Region (CER) initiative, with the Union government earmarking Rs 5,000 crore for each CER.
- •The region's economy, currently 19% of Odisha's, targets a $500 billion valuation by 2047, with BCPPER being among the first five major city development proposals in India.
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