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- Apparel and Textile News - Manufacture - National News

Odisha government gives approval letters for seven garment projects

The Odisha government gave project approval letters to setting up of seven garment manufacturing units which will be set up in the apparel and garment cluster of Khurda. According to the Odisha government, these investors were attracted by its conducive business environment, stable government, swift approvals, and seamless land allotment process. โ€œWith one of the […]

Odisha government gives approval letters for seven garment projects
Quick Industry Summary
AI
โ†‘OpportunityOdisha's incentives attract significant garment manufacturing investment, boosting capacity.

Odisha's Incentives Fuel Major Garment Manufacturing Expansion

  • WHAT: Odisha approved seven new garment manufacturing units with a total investment of Rs. 378.98 crore.
  • WHO: Garment Manufacturers and Investors are directly benefiting from Odisha's proactive industrial policies.
  • IMPACT: This will significantly increase India's domestic garment production capacity and diversify sourcing options.
  • CONTEXT: Odisha is emerging as a competitive alternative textile manufacturing hub within India, leveraging strong incentives.
  • ACTION: Sourcing managers should evaluate Odisha's growing capacity; investors should explore state incentive structures.
Affects:ManufacturersExportersDistributorsWholesalersGarment ManufacturersSourcing ManagersInvestorsPolicy Makers
Odisha textilesgarment manufacturinginvestment incentivesapparel productiontextile expansionKhurda cluster
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The Odisha government gave project approval letters to setting up of seven garment manufacturing units which will be set up in the apparel and garment cluster of Khurda.

According to the Odisha government, these investors were attracted by its conducive business environment, stable government, swift approvals, and seamless land allotment process.

โ€œWith one of the best incentive structure for textiles, clothing, and technical textile factories, Odisha has emerged as a thriving hub for textile investment,โ€ the government added in a press release.

The overall project cost of these seven units totals to Rs. 378.98 crore and has the potential to create employment opportunities for 18,620 people.

โ€œThese investments signify a significant step towards realizing the full potential of the textile and garment industry in the state,โ€ the press release stated.

Approval letters were presented to Golden Seams Industries, Fine Lines, BL International, Meenu Creation, Pooja International, Sonu Exim, and Rainbow Fabart.

The Minister of Industries, MSME, and Energy of Odisha, Pratap Keshari Deb reiterated the state governmentโ€™s dedication towards promoting industrialization and facilitating business expansion.

 

 

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