Odisha signs MoUs with 33 companies in textile sector
Besides, the State has also received several investment commitments that may help transform Odisha's apparel landscape.
More than 160 companies including big names like Page Industries, First Step Baby Wear, KPR Mills, Sportking, Adarsh Knitwear and Anubhav Apparels participated in Odisha TEX 2025,
The State launched two state-of-the-art textile and footwear parks with plug-and-play facilities for global-standard manufacturing, in addition to introduction of modern workers' hostels to enhance industrial stability.
Chief Minister Mohan Charan Majhi announced that the employment cost subsidies under Odisha Technical Textile and Apparel Policy 2022 will be increased from ₹5000 to ₹6000 per month per male workers and from ₹6000 to ₹7000 per month per female worker.
Mr. Majhi announced a dedicated task force under industries department to fast-track grounding of investment. Odisha has set an ambitious vision to create over one lakh jobs in textiles and apparel by 2030, while expanding new textile clusters in Bolangir, Keonjhar, Sambalpur, Jagasinghpur, Ganjam, and Cuttack.
'With world-class infrastructure, progressive policies, and a skilled workforce, we are creating unmatched opportunities for investors and livelihoods for our people,' Mr Majhi said.
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BHUBANESWAR: Hindalco Industries Ltd has committed an investment of Rs 200 crore to set up apparel manufacturing units in Keonjhar and Sambalpur districts, in a significant move to boost employment and industrial development in the state. The Aditya Birla Group company signed two separate MoUs with the state government on Friday in the presence of Chief Minister Mohan Charan Majhi during Odisha TEX 2025. The MoUs were exchanged between principal secretary of Skill Development and Technical Education department BS Poonia and president (corporate affairs) of Hindalco Industries Ardhendu Mahapatra. According to the MoUs, Hindalco will establish apparel manufacturing units in the two districts with an investment of Rs 100 crore for each district, creating 2,400 direct employment opportunities. This would be the third and fourth textile unit of Hindalco in the state. While its Mancheswar unit is already operational, the company is setting up an apparel manufacturing unit at Kanshariguda near the Aditya alumina refinery in Rayagada district. It will employ 3,000 local women. 'This investment further strengthens Hindalco's footprint in Odisha. The company is committed to generating additional employment opportunities in the state in the near future through continued collaboration with the government,' the company said in a statement. Minister for Industries and Skill Development Sampad Chandra Swain, Minister for Handlooms and Textiles Pradeep Bal Samant and senior government officials were present.
New Indian Express
a day ago
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Inaugural Odisha TEX 2025 draws Rs 7.8K crore investment proposals, over 53,000 jobs
BHUBANESWAR: The first Odisha Textile Summit (Odisha TEX 2025) organised by the state government on Friday attracted investment proposals worth around Rs 7,808 crore that would generate more than 53,300 employment opportunities in the textile and apparel sector. Industry leaders, including Sportsking India Ltd, MCPI Pvt Ltd, First Step Babywear, Creative Garments Pvt Ltd, Aditi Lifestyle, Hindalco, SCM Garments Pvt Ltd, Tiruppur-based Adishtam Ventures Pvt Ltd and Coimbatore-based KPR Mill Ltd were among 33 companies which signed MoUs to set up their units. This was in addition to the 11 MoUs of Rs 7,002 crore signed during the Utkarsh Odisha: Make-in-Odisha Conclave 2025 held in January this year. The state government had then signed 145 MoUs worth Rs 12.89 lakh crore across 16 diverse sectors. Terming the first Odisha TEX 2025 a grand success, Chief Minister Mohan Charan Majhi said the state government has set an ambitious target to create over one lakh jobs in textiles and apparel sector by 2030 with new clusters in Balangir, Keonjhar, Sambalpur, Jagatsinghpur, Ganjam and Cuttack districts. 'We have received overwhelming response during the first textile summit. It will not only help reduce migration of workers from the state but also make Odisha a textile hub and lead Eastern India's textile revolution,' he said. The chief minister said Odisha offers the most attractive incentive packages in the country under its Industrial Policy Resolution 2022 and the Odisha Apparel and Technical Textiles Policy (OATTP) 2022.
Time of India
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1 2 3 4 5 Bhubaneswar: State govtsigned 33 memoranda of understanding with investment intent of Rs 7,808 crore and the potential to create jobs for over 53,300 people in the textile and apparel sector during the inaugural session of Odisha Tex 2025 investment summit here on Friday. Inaugurating the summit, chief minister Mohan Charan Majhi said, "Odisha is going to be the textile hub of eastern India. Odisha TEX 2025 is not just an event, it is a declaration that Odisha is ready to lead eastern India's textile revolution." The strategic move is set to transform Odisha into a hub for apparel and technical textiles, with participation from more than 160 companies, including industry giants like Page Industries, First Step Baby Wear, KPR Mills and Sportking. Among the MoUs, Hindalco Industries Limited will invest Rs 200 crore to set up apparel manufacturing units in Keonjhar and Sambalpur districts. The two units have the potential to create direct employment for 2,400 people, official sources said. Majhi announced an increase in employment cost subsidy under the Odisha Technical Textile & Apparel Policy 2022, raising it from Rs 5,000 to Rs 6,000 per month for male workers and from Rs 6,000 to Rs 7,000 per month for female workers. He announced the formation of a dedicated task force under the industries department to ensure fast-track implementation and full govt support for investors. "Odisha offers the most attractive incentive packages in the country under its Industrial Policy Resolution 2022 and the Odisha Apparel & Technical Textiles Policy 2022, backed by excellent infrastructure and governance," said the CM. Besides, two state-of-the-art textile and footwear parks with plug-and-play facilities for global standard manufacturing were launched, and modern workers' hostels to enhance industrial stability were announced. The govt also signed MoUs for skill development, enabling youth and especially women, to gain expertise in automated garmenting, textile machinery and wearable technologies. The CM also announced an ambitious vision to create over 1 lakh jobs in textiles and apparel by 2030, with plans to expand new textile clusters in Balangir, Keonjhar, Sambalpur, Jagatsinghpur, Ganjam and Cuttack. The event, organised by the state govt, attracted over 650 delegates, including global brands, leading textile and apparel companies, investors, technology providers, startups and senior govt officials. The CM also declared that Odisha Tex will become an annual event, showcasing the state's rich handloom legacy and its foray into modern textiles, apparel, and technical textiles ecosystems. Industries minister Sampad Chandra Swain, minister for handloom, textiles and handicrafts, Pradeep Bal Samant, Chief secretary Manoj Ahuja, development commissioner Anu Garg, and industries secretary Hemant Sharma, among others, were present.
