[11] According to 2023–24 economic survey, Odisha's gross state domestic product (GSDP) was expected to grow at 10.57%.

According to recent estimates, the size of Odisha's economy has increased by 54.93% during the last five years in terms of the gross state domestic product (GSDP).

In the fiscal year 2011–12, Odisha received investment proposals worth ₹49,527 crore (US$9.296 billion).

[12] According to the Reserve Bank of India, It received ₹53,000 crore (US$8.33 billion) worth of new FDI commitments in the 2012–13 fiscal year.

[18] According to ASSOCHAM, in the fiscal year 2011–12, Odisha received investment proposals worth ₹49,527 crore (US$9.296 billion).

[12] According to the Reserve Bank of India, Odisha received new FDI proposals worth Rs 53,000 crore (US$8.333 billion) in the 2012–13 fiscal year.

[19] Contribution of each sector to the GSDP (in percent) Bhubaneswar is an administrative, information technology, education and tourism city.

[22] Bhubaneswar has emerged as one of the fast-growing, important trading and commercial hub in the state and eastern India.

With the economic liberalisation policy adopted by the Government of India in the 1990s, Bhubaneswar received investment in telecommunications, information technology (IT) and higher education.

[25] It has been listed among the top ten emerging cities in India by Cushman and Wakefield, taking into consideration factors like demographics, physical, social and real estate infrastructure, current level and scope of economic activities and government support.

A large number of companies including Odisha State Cooperative Milk Producers' Federation, Bharat Biotech, Topaz Solar, Britannia Industries, SMS Group and Jockey International have there manufacturing plant.

[34][35][36] In 2009, Odisha was ranked ninth among Indian states in terms of software export by NASSCOM, with most IT/ITES companies established in Bhubaneswar.

[38] The government fostered growth by developing of IT parks such as Infocity-1, Infovalley, STPI-Bhubaneswar and JSS STP.

Other Multinational Companies include Accenture, Cognizant, Tata Consultancy Services, Wipro, IBM, Genpact, Firstsource, Mindtree, MphasiS, Ericsson, Semtech, Reliance Communications, PricewaterhouseCoopers, Bharti Airtel, DLF (company), Capgemini, Happiest Minds, Concentrix, RiR Electronics, Synopsis, EY and Deloitte.

Apart from the big multinationals, some 300 small and mid-size IT companies and business startups have offices in Bhubaneswar.

Cuttack is widely known as commercial capital of odisha famous for its unique silver filgree works which had been practiced by local artisans from 1000 of years.

[14] However, the agricultural activities undertaken in the state contributed only 16.3% to the GSDP in the fiscal year 2013–14 and it was estimated to be 15.4% in 2014–15.

[42] Given below is a table of 2015 national output share of select agricultural crops and allied segments in Odisha based on 2011 prices.

The primary industries in Odisha are manufacturing; mining and quarrying; electricity, gas and water supply and construction.

[48] In August 2014, the government announced a plan to invest ₹54,000 crore in the power sector over the next 5 years, to provide 24-hours electricity to both the urban and rural regions.