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The North Orissa Chamber of Commerce & Industry (NOCCI) was established in 2006 in Balasore, representing the regions of Balasore, Mayurbhanj, Bhadrakh, Keonjhar, and Jajpur. The chamber has played a significant role in the growth of the state's economy, creating world-class infrastructure such as a bypass road to Balgopalpur Industrial Estate, railway siding, and water pipeline.
With the liberalization and reforms process, Indian industry, business, and enterprise have evolved, with Orissa State becoming an investment destination. This has opened up opportunities for the economy, changing the perception of the state as poor.
