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Home»Business»Odisha Approves $538M Projects, Boosting Textiles Sector
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Odisha Approves $538M Projects, Boosting Textiles Sector

Andrew RogersBy Andrew RogersSeptember 20, 20253 Mins Read
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Odisha Approves $538M Projects, Boosting Textiles Sector
Odisha Approves $538M Projects, Boosting Textiles Sector
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Odisha has approved 25 new investment projects worth Rs. 4,739 crore (US $ 538 million) across 13 priority sectors, aiming to create over 25,000 jobs. The state-level single window clearance authority, led by Chief Secretary Manoj Ahuja, gave the green light to the projects on Friday.

The approved projects span textiles, steel, chemicals, IT, infrastructure, logistics, renewable energy, tourism, metal downstream, circular economy, cold storage, and capital goods. They will be set up across districts including Khurda, Jajpur, Cuttack, Sambalpur, Jharsuguda, Ganjam, Mayurbhanj, Angul, and Gajapati.

Textiles emerged as the leading sector, with nine projects worth Rs. 1,684.87 crore (US $ 191 million) expected to generate 18,450 jobs over the next few years. Major investments include Colortone Textiles Pvt Ltd and Aditi Lifestyle Pvt Ltd, which plan integrated textile and knitted fabric units in Khurda. Colortone’s project is valued at Rs. 700.29 crore (US $ 79.5 million), while Aditi Lifestyle will invest Rs. 209.36 crore (US $ 23.76 million).

Additional textile investments will come from Techno Activewear Pvt Ltd, SCM Garments Pvt Ltd, Carloo Tex Pvt Ltd, and Wovinova Pvt Ltd. These companies will focus on sportswear, large-scale knitted garments, ready-made garments, and non-woven healthcare products in Cuttack, with combined investments exceeding Rs. 367.53 crore (US $ 41.72 million).

Hindalco Industries Ltd will set up two apparel units in Keonjhar and Sambalpur, each valued at Rs. 100 crore (US $ 11.35 million). Perfect Infra Vision Pvt Ltd plans a textile and allied products facility in Balangir worth Rs. 110.7 crore (US $ 12.56 million). Piu Fashion Pvt Ltd will establish a garments unit in Khurda Industrial Area with an investment of Rs. 96.99 crore (US $ 11.01 million).

Officials said the approvals reflect Odisha’s strong push to expand its textile and apparel sector. The initiatives are expected to position the state as a major employment hub and industrial growth center.

The investment drive aligns with Odisha’s broader economic strategy to attract capital in emerging sectors. By combining traditional industries like textiles with modern sectors such as IT, renewable energy, and the circular economy, the state aims to sustain long-term industrial growth and create diverse employment opportunities.

Industry experts noted that the textile sector’s rapid expansion will support both domestic consumption and exports. The projects’ strategic locations across multiple districts ensure regional economic development and better infrastructure utilization.

The government also emphasized its commitment to facilitating industrial development through single-window clearances. These approvals are expected to accelerate project implementation, reduce delays, and attract further investments in Odisha.

Analysts predict that the state’s integrated approach to industrial growth will strengthen its position as a key manufacturing and textile hub in eastern India. The newly approved projects signal confidence among investors and underscore Odisha’s potential for future industrial expansion.

The government will monitor project progress and provide support to ensure timely completion. As a result, Odisha’s textile and allied industries are set to witness a significant boost, enhancing employment, skill development, and regional economic growth.

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Andrew Rogers is a seasoned journalist and news analyst with a sharp eye for uncovering the truth. With years of experience covering global events, politics, and finance, he delivers in-depth, fact-based reporting that keeps readers informed. His passion for investigative journalism drives him to provide insightful perspectives on the world's most pressing issues.

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