Paradeep Port serves as the primary port in Odisha and ranks among the largest on India’s east coast. Authorities built it in the 1960s, and it has now become a major business and industrial hub. Many prominent companies have established their operations here. For example, the Paradeep Refinery, which Indian Oil Corporation Limited operates, is one of the major oil refineries in the region. Other key establishments include Paradeep Phosphates Limited (a fertilizer company), the Multi-Modal Logistics Park by the Container Corporation of India Limited, Paradeep Plastic Park Limited, IFFCO's fertilizer plant, Essar Steel's pellet plant, and marketing terminals of IOCL, BPCL, and HPCL. Additionally, Cargill has set up an edible oil plant in the area. Paradeep functions as a major seaport for trade activities.