Pic sources: The Hindu

Odisha Textile Policy Set To Attract Investors

BHUBANESWAR: The Odisha government is in the process of finalising new textile policy to attract more investments in the sector and establishment of mega textile units in the state.

Replying to a written question, handloom and textile minister Snehagini Chhuria said a draft textile policy had been prepared with the help of textiles committee under union ministry of textiles.

She said the draft policy had been circulated among the concerned departments to avail concession, and further steps will be taken after receiving recommendations.

Odisha textile policy to attract investors
Pic source: The Hindu

“To avail the concession from different departments to be incorporated in the textile policy, it has been circulated among various departments. After receipt of recommendations and feedbacks from various departments, further steps shall be taken for the launching of the textile policy,” she added.

After launching of the policy, it is expected that investors will be attracted for the establishment of mega textile units, said the minister.

She, however, denied that there was no plan of action for the establishment of mega textile units in the state.

The minister, who replied the question of Dhenkanal MLA Saroj Samal, said there is no plan for setting up textile industry in Dhenkanal district.

She also informed that the Kalinga Weavers Cooperative Spinning Mills Ltd situated at Govindpur, Dhenkanal is under privatisation process.