Latest news with #IndustriesDepartment
The Hindu
a day ago
- Business
- The Hindu
Officials told to expedite setting up of industrial units in Sri Sathya Sai district
District Collector T.S. Chetan on Wednesday informed the officials to actively support young entrepreneurs and speed up the establishment of new industrial units in Sri Sathya Sai district. Addressing the District Industrial Exports Promotion Committee (DIEPC) meeting here, the Collector highlighted the need for coordinated efforts among departments to make the district's industrial landscape vibrant. Mr. Chetan observed that the industrial sector holds the key to economic progress and employment generation. With the State government's vision, the officials should focus on attracting industrial investments as per the new industrial policy. This would result in employment opportunities for unemployed youth and provide incentives to the entrepreneurs. Mr. Chetan inspected the applications for industrial clearances, which were submitted through the single desk portal, and instructed the officials to clear pending cases without delay. The Collector further asked the officials to intensify awareness about industrial schemes and unit establishment among the target group. He said that the Industries Department officials should conduct awareness programmes under the World Bank-supported Raising and Accelerating MSME Performance (RAMP) initiatives. General Manager (Industries) J. Nagaraj, District Factories Officer Radhakrishna, and senior officials from the APIIC, APSPDCL, APSFC, and Pollution Control Board took part in the meeting.
Fibre2Fashion
4 days ago
- Business
- Fibre2Fashion
Odisha signs 33 MoUs for investment of $902 million in textile sector
The eastern Indian state of Odisha has secured a significant breakthrough in textile sector investment following the launch of its Apparel & Technical Textile Policy 2022. The state government has announced the signing of 33 Memorandums of Understanding (MoUs), amounting to investments worth ₹7,808 crore ($902 million). Odisha Chief Minister Mohan Charan Majhi, while inaugurating Odisha-TEX 2025, stated, 'The state is set to emerge as the textile hub of eastern India. Odisha offers attractive incentive packages under its Industrial Policy Resolution 2022 and the Odisha Apparel & Technical Textiles Policy 2022, supported by excellent infrastructure and governance.' Odisha has signed 33 MoUs worth $902 million to boost its textile sector under the state's Apparel & Technical Textile Policy 2022. With plans to create over 1 lakh jobs by 2030 and expand clusters in six districts, the state is positioning itself as eastern India's textile hub. Employment subsidies have been raised to support workforce participation and attract investors. The textile and apparel industry event, Odisha-TEX 2025, was organised by the state government in Bhubaneswar. The Chief Minister added, 'With world-class infrastructure, progressive policies, and a skilled workforce, we are creating unmatched opportunities for investors and livelihoods for our people.' He also announced the formation of a dedicated Task Force under the Industries Department and assured investors of fast-track implementation and full government support. Odisha has set an ambitious vision to create over one lakh jobs in textiles and apparel by 2030, while developing new textile clusters in Bolangir, Keonjhar, Sambalpur, Jagatsinghpur, Ganjam, and Cuttack. Chief Minister Majhi also announced that the employment cost subsidies under the Odisha Technical Textile & Apparel Policy 2022 would be increased from ₹5,000 to ₹6,000 ($58–$70) per month for male workers, and from ₹6,000 to ₹7,000 ($70–$81) per month for female workers. The event attracted over 650 delegates from the textile sector, including global brands, leading textile and apparel companies, investors, technology providers, startups, and senior government officials. More than 160 companies, including reputed manufacturing units such as Page Industries, First Step Baby Wear, KPR Mills, Sportking, Adarsh Knitwear, Anubhav Apparels, Bon & Co., and B.L. International, participated in the summit. Fibre2Fashion News Desk (KUL)
Hans India
4 days ago
- Hans India
Kunal Chavan Jharsuguda Collector
Jharsuguda: KunalMotiram Chavan joined as the new Collector of Jharsuguda. A 2020 batch Indian Administrative Service Officer, Chavan took over the new responsibility from outgoing Collector Aboli Sunil Naravane. Chavan was earlier serving as the Additional District Magistrate in Padmapur sub-district of Bargarh district. Naravane has been posted as the Director of Industries Department. IAS probationer Pragyananda Giri , Additional District Magistrate (General) Brajabandhu Bhoi, Additional District Magistrate (Revenue) Kishore Chandra Swain, Sub-Collector Sabyasachi Panda, Chief District Medical and Public Health Officer Mahesh Mohan Panda and departmental officers were present during the occasion.
Hans India
6 days ago
- Business
- Hans India
CM Majhi vows to make Odisha textile powerhouse of India
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Friday hailed the successful organisation of ODISHA TEX 2025, eastern India's largest textile and apparel industry event, as a historic moment for the state's industrial landscape. While inaugurating the event in Bhubaneswar, CM Majhi announced that Odisha is going to be the textile hub of Eastern India. He further announced the formation of a dedicated Task Force within the Industries Department and assured investors of fast-track implementation and full government support. CM Majhi emphasised Odisha's ambitious vision to create over one lakh jobs in textiles and apparel sector by 2030, while expanding new textile clusters in Balangir, Keonjhar, Sambalpur, Jagatsinghpur, Ganjam, and Cuttack. "Odisha TEX 2025 is not just an event; it is a declaration that Odisha is ready to lead Eastern India's textile revolution," CM Majhi said. "With world-class infrastructure, progressive policies, and a skilled workforce, we are creating unmatched opportunities for investors and livelihoods for our people.' The Chief Minister informed that a total of 33 Memorandums of Understanding (MoUs) were signed during the event, attracting investment proposals worth Rs 7,808 crore. These investments are expected to generate employment opportunities for around 53,300 people across the state. "This is not merely a summit, but a strategic step toward transforming Odisha into the textile capital of eastern India," CM Majhi stated. "The enthusiasm shown by investors from across the country and the scale of commitments made here reaffirm our vision for a robust, industry-led economy." He further announced that the state government will establish five textile parks within the next year, aimed at fostering regional development, boosting exports, and supporting skilled employment. Majhi announced that the employment cost subsidies under Odisha Technical Textile and Apparel Policy 2022 will be increased from Rs 5,000 to Rs 6,000 per month per male workers and from Rs 6,000 to Rs 7,000 per month per female worker. Chief Minister also announced that Odisha Tex will be an annual event portraying Odisha's rich handloom legacy & the state foray into modern Textiles, Apparel & Technical Textiles Ecosystem. Referring to Prime Minister Narendra Modi's 'Make in India' and 'Vocal for Local' initiatives, CM Majhi urged citizens and government employees to promote and wear Odisha-made garments at least once a week. "This symbolic gesture can drive awareness and demand for our local textile products and help revive Odisha's traditional weaving heritage," he added. The conclave, attended by national and international textile players, is expected to position Odisha at the forefront of India's textile growth story. A statement mention that more than 160 companies actively participated in the summit. Together, they represent the full spectrum of India's textile value chain from yarn and fabrics to finished garments and technical textiles. Two state-of-the-art Textile and Footwear Parks with plug-and-play facilities for global-standard manufacturing units were launched on the occasion. Modern Workers' Hostels have been introduced to enhance industrial stability. Similarly, the state government signed MoUs for Skill Development, enabling youth especially women to gain expertise in automated garmenting, textile machinery, and wearable technologies.
New Indian Express
22-07-2025
- Business
- New Indian Express
Delhi government proposes boost to hospitality sector in draft industrial policy
NEW DELHI: In a bid to position Delhi as a global hub for business and leisure tourism, the Delhi government's draft Industrial Policy 2025-35 has proposed targeted interventions to strengthen the city's hospitality sector. These include increasing hotel room availability near key locations in the national capital like ITPO at Pragati Maidan and Yashobhoomi in Dwarka. The draft, released for public feedback by the Industries Department, identifies three focus sectors including Frontier tech services, research & development and hospitality (excluding tourism), that are expected to drive the capital's economic growth while addressing land scarcity and sustainability concerns. To support Frontier tech services such as AI, Big Data, Gaming, Biotech, and IT & ITeS, the government has proposed major fiscal incentives. These include 50% capital investment reimbursement (up to Rs 50 crore), 6% annual interest subsidy for five years, full reimbursement of patent filing costs up to Rs 5 lakh per patent and a Rs 400 crore venture capital fund. Additionally, a 100% NET SGST reimbursement for five years and a 50% exemption on interstate power wheeling and transmission charges are proposed. The policy acknowledges the space crunch in commercial real estate and proposes developing Plug & Play IT Parks and Global Capability Centres in Baprola, Ranikhera, and Kanjhawala through PPP models. It also plans to ease regulatory norms to make Delhi more conducive to restaurants and nightlife by streamlining compliance and adopting a 'reasonable' alcohol policy.
