Special incentive for mega investment in textile sector in Odisha

by IANS |

Bhubaneswar, Oct (IANS) The Odisha government is in discussion over a special incentive package for mega investment in textile and apparel including technical textile sector, said State Industries Minister Dibya Shankar Mishra.

Addressing a seminar on making Odisha the textiles hub of the eastern India here on Monday, Mishra said, "Our government has prioritized this sector and is seeking mega-investments from major textiles and apparel players. We have more than 1.5 lakh acres of land, ready to be used by the industries coming down to Odisha. Not only in recent times, but Odisha also has a long history in textile and global trading."

He has appealed to all industry leaders across India to come and visit Odisha and assured necessary support from the State government.

Secretary, Ministry of Textiles, Upendra Prasad Singh elaborated the new schemes of the Central government and pointed out the areas where India based industries can focus on to have a growth in this sector.

Principal secretary, Industries department of Odisha, Hemant Sharma has highlighted the recent growth of the state primarily driven by the push towards industrial growth.

He has also elaborated the strong driving factors of Odisha making it the manufacturing hub of the East such as the strategic location of Odisha in the ASEAN region, the industrial infrastructure, highly skilled manpower and especially the proactive governance.

Leading national and global players like Shahi Exports, Aditya Birla Fashion, Page Industries and Wild Lotus participated in the seminar and shared their experience in the State.

Domain leaders including Bhilosa Industries, Vardhman textiles, Dixcy textiles, Indorama industries and Shubhalakshmi polyesters were also present at the Seminar.

Latest News
Woman ASI suspended for hugging BJP's Hyderabad LS seat candidate Mon, Apr 22, 2024, 04:47 PM
Squash: Ramit Tandon's impressive run at El Gouna ends in third round Mon, Apr 22, 2024, 04:46 PM
VC investments, deals grew in India in Q1 despite fall in global activity: Report Mon, Apr 22, 2024, 04:41 PM
How VIP culture vanished under Modi government Mon, Apr 22, 2024, 04:38 PM
Akhilesh Yadav not to contest Kannauj, names Tej Pratap Yadav as candidate Mon, Apr 22, 2024, 04:36 PM
UN backed experts present final report on allegations against UNRWA Mon, Apr 22, 2024, 04:33 PM
China, Australia discuss FTA implementation Mon, Apr 22, 2024, 04:24 PM
S. Korea, U.S. to hold new talks over cost-sharing for USFK Mon, Apr 22, 2024, 04:13 PM
Pak PM calls on int'l community to strive for ecologically conscious, greener approach Mon, Apr 22, 2024, 04:00 PM
Constituency watch: Will 'Lotus' bloom in Adhikari bastion of Kanthi? Mon, Apr 22, 2024, 03:48 PM
I League's best goalkeeper Padam Chettri 'vows to improve everyday' Mon, Apr 22, 2024, 03:41 PM
Entrepreneurship is about doing things faster, creating competitive advantage: Narayana Murthy Mon, Apr 22, 2024, 03:38 PM
Experience unparalleled features with realme NARZO 70 5G & NARZO 70x 5G, fastest smartphones in the segment Mon, Apr 22, 2024, 03:30 PM
Iranian President Ebrahim Raisi lands in Islamabad on three-day visit Mon, Apr 22, 2024, 03:29 PM
Delhi HC dismisses PIL seeking 'extraordinary interim bail' for CM Kejriwal with 75k costs Mon, Apr 22, 2024, 03:23 PM