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Odisha BPO policy to create 30,000 jobs by 2022

Odisha BPO policy-2019, prepared by the state Electronics and IT Department, assures a capital investment subsidy of Rs 1.05 lakh for units coming within the jurisdiction of Bhubaneswar Municipal Corporation. The minimum number of seats required for availing the benefit has been fixed at 300.

Odisha has rolled out the Business Process Outsourcing (BPO) policy to attract investors as it strives to create 30,000 jobs in this sector by 2022.

The creation of 30,000 jobs by 2022 will require an allocation of approximately 765,000 square feet of office space and about 22.5 acres of a developed land bank with an estimated capital investment of about Rs 200 crore.

According to the policy, lower wage compensation compared to metro cities and the availability of the required talent pool gives an edge to Odisha in drawing investors' attention in the BPO sector.

Odisha BPO policy to create 30,000 jobs by 2022