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    EDII Launches Eco Action Learning Centre in Bengaluru to Boost Rural Entrepreneurship

    EDII Launches Eco Action Learning Centre in Bengaluru to Boost Rural Entrepreneurship

    Telangana Government Transfers 30 IAS Officers; IAS Priyanka Ala Named Hyderabad Collector

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    35 IAS and JKAS Officers Deployed Under Vibrant Villages Programme-II in J&K

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    Himachal Pradesh Govt Transfers Two IAS Officers; IAS R Selvam Made Financial Commissioner

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    IAS Prashant Kumar Mishra Elevated to Private Secretary to Union Jal Shakti Minister

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    Bajaj Finserv Q4 Results FY26: Profit Up 5% YoY to Rs 2,539 Crore, Total Income Rises 6%

    Bajaj Finserv Q4 Results FY26: Profit Up 5% YoY to Rs 2,539 Crore, Total Income Rises 6%

    HUL Q4 Results FY26: Net Profit Climbs 20% YoY to Rs 3,002 Crore, Revenue Up 8%, Declares Rs 22 Dividend

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    Waaree Energies Shares Fall 11% Amid 72% Jump in Q4 Profit, Strong FY27 Guidance

    Bajaj Finance Q4 Results: PAT Jumps 22% to Rs 5,465 Crore, Declares Rs 6/ Share Dividend

    Bajaj Finance Q4 Results: PAT Jumps 22% to Rs 5,465 Crore, Declares Rs 6/ Share Dividend

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    Oil Slips After Rally as UAE Exits OPEC; Hormuz Blockade Fuels Supply Fears

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    Indian Overseas Bank Q4 Results: PAT Rises 43% YoY to Rs 1,505 Crore, NII Up 11%

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    Why Vedanta Shares Dropped 60% Today: Demerger Adjusts Stock Price

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    Gold Prices Today: 24K, 22K, 18K Rates in India Across Cities Amid US Fed Decision

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    Stock Market Today: Sensex, Nifty Rise; Rupee Falls, Bank Nifty Key Levels in Focus

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    Eternal Q4 Results FY26: Net Profit Skyrockets 346% to Rs 174 Crore; Revenue Climbs 197%

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    Stock Market Today: Sensex Tanks 416 Pts, Nifty Below 24,000 as Bank, Auto Stocks Decline

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    MCX Gold, Silver Rate Today: 24K, 22K Prices, City-Wise Updates Amid Global Stress

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    Gold, Silver Rates Today (April 27, 2026): Latest City-wise 18K, 22K, 24K Prices Across India

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Odisha Secures Rs 7,808 Cr Investment Boost for Textile Sector

By: Editorial Desk

by Editorial Desk
July 28, 2025
in News
Reading Time: 2 mins read
Odisha Secures Rs 7,808 Cr Investment Boost for Textile Sector

Odisha Secures Rs 7,808 Cr Investment Boost for Textile Sector

Summarize with:

Bhubaneswar: Odisha has achieved a major breakthrough in the textile sector investment with the signing of 33 Memoranda of Understanding (MoUs) totaling Rs 7,808 crore (approx. $902 million). 

The announcement was made during the Odisha-TEX 2025 summit held in Bhubaneswar.

The government also announced the formation of a dedicated task force under the Industries Department to ensure fast-track implementation of projects and promised full administrative support to investors.

Employment Push and Policy Upgrades

The state aims to create over one lakh jobs in the textile and apparel sector by 2030. New textile clusters are planned for Bolangir, Keonjhar, Sambalpur, Jagatsinghpur, Ganjam, and Cuttack.

In a move to boost employment further, Chief Minister Mohan Charan Majhi announced revised subsidies under the Odisha Technical Textile & Apparel Policy 2022. Employment cost subsidies will increase 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.

Strong Industry Participation

Odisha-TEX 2025 drew over 650 delegates, including major investors, textile brands, startups, and government officials. More than 160 companies took part, including industry leaders such as Page Industries, KPR Mills, Sportking, Adarsh Knitwear, and B.L. International.

With a clear vision, strong policy backing, and investor interest, Odisha is positioning itself as a key player in India’s growing textile and apparel landscape.

Also Read
  • Odisha Govt Approves Investment in New Renewable Energy Projects Worth Rs 869.8 Cr
Summarize with:
Tags: Chief Minister Mohan Charan Majhiinvestment planOdisha GovernmentTextile policy
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