ENA State 2025-07-28 14:39:06 <p><span style="font-size:14px"><strong>Bhubaneswar, Jul 28 (KNN)</strong> The Odisha government signed 33 Memoranda of Understanding with textile and apparel companies on Friday, securing collective investments worth Rs 7,808 crore that are projected to generate 53,300 employment opportunities across the state.</span></p> <p><span style="font-size:14px">The agreements were finalised during the Odisha TEX 2025 event, which saw participation from over 160 companies.</span></p> <p><span style="font-size:14px">Major industry players including Page Industries, First Step Baby Wear, KPR Mills, Sportking, Adarsh Knitwear, and Anubhav Apparels participated in the textile summit.</span></p> <p><span style="font-size:14px">The state government indicated that additional investment commitments received during the event could significantly transform Odisha's apparel manufacturing landscape.</span></p> <p><span style="font-size:14px">As part of its industrial development strategy, Odisha launched two state-of-the-art textile and footwear parks equipped with plug-and-play facilities designed to meet global manufacturing standards.</span></p> <p><span style="font-size:14px">The initiative also includes the introduction of modern workers' hostels aimed at enhancing industrial stability and workforce retention.</span></p> <p><span style="font-size:14px">Chief Minister Mohan Charan Majhi announced enhanced employment cost subsidies under the Odisha Technical Textile and Apparel Policy 2022.</span></p> <p><span style="font-size:14px">The monthly subsidies will increase from Rs 5,000 to Rs 6,000 per male worker and from Rs 6,000 to Rs 7,000 per female worker. The Chief Minister also established a dedicated task force under the industries department to expedite investment implementation processes.</span></p> <p><span style="font-size:14px">The state has outlined an ambitious expansion plan targeting the creation of over one lakh jobs in the textiles and apparel sector by 2030. New textile clusters are planned for development in Bolangir, Keonjhar, Sambalpur, Jagasinghpur, Ganjam, and Cuttack districts.</span></p> <p><span style="font-size:14px"> With world-class infrastructure, progressive policies, and a skilled workforce, we are creating unmatched opportunities for investors and livelihoods for our people, Chief Minister Majhi stated during the event.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 42967 https://knnindia.co.in/news/newsdetails/state/odisha-signs-33-textile-mous-worth-rs-7808-crore-targets-53300-jobs 2025-07-28 14:39:06 knnindia.co.in