With the signing of as many as 33 Memorandum of Understandings (MoUs) leading to the unlocking of investments worth Rs 7,808 crore, Odisha is going to emerge as the textile hub of eastern India, Chief Minister Mohan Charan Majhi said on Friday while inaugurating Odisha-TEX 2025, textile and apparel industry event, organized by the state government in Bhubaneswar.
Odisha offers the attractive incentive packages under its Industrial Policy Resolution 2022 and the Odisha Apparel & Technical Textiles Policy 2022, backed by excellent infrastructure and governance, said the chief minister.
“With world-class infrastructure, progressive policies, and a skilled workforce, we are creating unmatched opportunities for investors and livelihoods for our people,” he said.
Announcing the creation of a dedicated Task Force under the Industries Department, the chief minister assured investors of fast-track implementation and full government support.
He also emphasized Odisha’s ambitious vision to create over 1 lakh jobs in textiles and apparel by 2030, while expanding new textile clusters in Bolangir, Keonjhar, Sambalpur, Jagatsinghpur, Ganjam, and Cuttack.
Chief Minister Majhi also announced that the employment cost subsidies under Odisha Technical Textile & Apparel Policy 2022 will be increased from Rs 5000 to Rs 6000 per month per male workers & from Rs 6000 to Rs 7000 per month per female worker.
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.
Apart from showcasing the state’s growing strength in textiles and apparel, the event is an initiative on part of the government to create a world-class ecosystem for manufacturing, innovation, and employment generation.
A total of 33 MoUs were signed, unlocking investments worth Rs 7,808 crore and generating employment for over 53,300 people, said officials.
More than 160 companies including reputed manufacturing units like Page Industries, First Step Baby Wear, KPR Mills, Sportking, Adarsh Knitwear, Anubhav Apparels, Bon & Co., and B.L. International took part in the summit.
Among others, the Minister for Industries Sampad Chandra Swain and Minister for Handloom, Textiles and Handicrafts Pradeep Bala Samant also spoke on the occasion.