With all these advantages Orissa is slated to become a major destination of steel plants, thermal power plants, Alumina/Aluminum projects and oil refineries in the coming years. The projects/proposals in hand include 13 steel plants, half a dozen large power projects, 3 alumina/aluminium projects and two green field oil refineries - most of them by major national and international enterprises. A recent Morgan Stanley report forecasts that Orissa would be flooded with massive investments for manufacturing related activities in the same manner that Bangalore had attracted software investment in the 1990s. The scale of the investments in Orissa would, however be much higher.
With positive results pouring in, the prospects of the economic growth of the state seem slated to go in the northward direction only.