Make In Odisha Conclave-2018: Rs 137 Cr Investment Proposals Received For Textiles Sector & Apparel Sector

**Bhubaneswar: ** As Textiles is one of the focus sectors for the State, a session on ‘Odisha a Hub for Value Added Textiles’ was organized during the Conclave today to showcase potential of the State in Textiles manufacturing and to explore investment opportunities by the Department of Handlooms, Textiles and Handicrafts.

Briefing media, Odisha Handlooms, Textiles & Handicrafts Minister Snehangini Chhuria said, “The Chief Minister has a vision that investment be here in which Odisha’s skilled labourforce and workers get job opportunities from the employment generation. It’s the main aim and objective of Odisha Government.”

“The investors have shown keen interest. Shahi Exports has proposed Rs 51 crores more investment for their expansion here in the State. Aditya Birla Group has proposed to invest Rs 66 crores more in their existing Pantaloons Collection. Wild Lotus Fashion has proposed to invest Rs 20 crores in the apparel sector. We hope they will definitely invest following our 6,500 workers can get job opportunities,” she announced.

Addressing the seminar, the Minister said, “Odisha has a long history of textile industry. The handloorns of Odisha have gained worldwide acclaim and reputation for design and quality. Various designs have existed in Odisha such as Sambalpuri. Bomkei and Berhampuri. Odisha is also farnous for its lkat type of weaving.”

She added, “Odisha provides competitive cost of doing business, abundant skilled manpower, land and power which are required for successful establishment and operation of textiles units. Given the employment intensive nature of textiles manufactunng with significant portion of women workers, the State Government has accorded the sector top priority.”

She further said, “The State is planning to setup MO textile parks to encourage investments in these regions. These are integrated textile parks with common facilities and infrastructure to support the entire value chain in the sector. With abundance of cotton, the parks will have regular supply of raw materials. The Industrial Policy Resolution (IPR) identifies textiles as a priority sector and provides many incentives for the investing units including technical textiles.”

While Commissioner-cum-Secretary Shubha Sarma welcomed the guests, other dignitaries and delegates, Odisha Development Commissioner and Additional Chief Secretary R. Balakrishnan in his key note address explained about growth and opportunities for apparel industry in the State. He emphasized on scope of investment which in turn will create scope through employment among the un-employed youth in the State especially women.

During the presentation, it was pointed out that, in 2016, Odisha was the first state to introduce a jocused policy for the apparel sector. In fact, it is one of the few states which has a dedicated department for the textiles sector. The idea was to leverage the natural advantages that the state has to trigger growth through employment generation and export.

In addition, the Odisha Apparel Policy of 2016 provides additional benefits to the textiles sector. The goal is to establish as many textile units or Textile parks as possible which will act as a trigger for growth.

The key speakers who attended the session included Mr H.K.L.Magu, Chairman, AEPC who shared his perspective on the opportunities for apparel industries in Odisha. Mr Sanjay Kumar Jain, Chairman, CITI offered his coped perspective on the value addition in textiles industry and the opportunities Odisha provides to investors in this regard. Mr ShishirJaipuria, Chairman, FICCI Textiles Committee shared his perspective on the opportunities for technical textiles in Odisha. Mr Sunil Shewakramani, Country Head, Li & Fung shared his thoughts on the sourcing sector in textiles. Mr Bibhu Mohapatra, Designer of International repute shared his experience in the sector of fashion design. Mr Avinash Vern, ED, IOCL & Mr Wit Kumar, CGM, IOCL shared on Indian Oil creating growth platform for polyester textiles in Odisha.

The attendees for this session comprised garment manufacturers, technical textiles manufacturers, made-ups manufacturers, buying houses, policymakers and industry associations.

**Also Read:** [Make In Odisha Conclave-2018: Rs 2,750 Cr Investment Proposals For Healthcare, Vision 2025 Launched](https://www.ommcomnews.com/odisha-news/make-in-odisha-conclave-2018-rs-2-750-cr-investment-proposals-for-healthcare-vision-2025-launched)

**Also Read:** [Make In Odisha Conclave-2018: State Receives Rs 1,177 Cr Investment Intent During MSME Seminar](https://www.ommcomnews.com/odisha-news/make-in-odisha-conclave-2018-state-receives-rs-1-177-cr-investment-intent-during-msme-seminar-)


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