The Odisha state Cabinet has approved a ₹200 crore budgetary provision to clear outstanding liabilities of closed cooperative spinning mills and powerloom units, as reported by Business Standard. According to Chief Secretary Anu Garg, liabilities amounting to ₹361.67 crore have been identified across spinning mills, powerloom units, and one sizing unit spread over about 261.2 acres of land. The settlement will facilitate one-time payments to creditors and financial institutions to remove legal and financial barriers for land transfer to the Odisha Industrial Infrastructure Development Corporation (IDCO) for industrial use.
The decision addresses long-pending liabilities of defunct units operating under the Odisha State Cooperative Spinning Mills Federation Ltd (SPINFED) and provides a critical land bank for the state's rapidly expanding textile and apparel sector. As reported by officials from the Handlooms, Textiles and Handicrafts (HT&H) Department, the move will unlock valuable industrial land and attract investment from leading domestic and global apparel manufacturers seeking alternative production destinations. The government plans to utilise these strategically located parcels primarily for new, employment-intensive textile, garment, and apparel manufacturing projects.
For decades, Odisha has been a major source of migrant labour to textile clusters in Tamil Nadu, Karnataka, Gujarat, and Maharashtra. The state government now hopes to reverse this trend by creating jobs closer to home through the textile revival initiative. According to Business Standard, the government has rolled out multiple textile and apparel parks and announced plans for new textile clusters in Balangir, Keonjhar, Sambalpur, Jagatsinghpur, Ganjam and Cuttack districts. During the first Odisha Textile summit 'Odisha TEX 2025', the government unveiled six textile and apparel parks and two footwear parks equipped with plug-and-play infrastructure.
At the Odisha TEX 2025 summit, Chief Minister Mohan Charan Majhi announced an ambitious target of generating more than 100,000 jobs in the textile and apparel sector by 2030. The summit attracted investment proposals worth ₹7,808 crore from 33 companies, with the potential to create more than 53,300 jobs. Major textile and apparel players including Page Industries, KPR Mill, Sportking India, First Step Babywear and several garment manufacturers participated in the investment commitments. Among the major projects under implementation is the integrated textile and apparel park at Choudwar, where substantial investments are expected to create thousands of jobs.
Hong Kong-based apparel manufacturing giant Epic Group, one of the world's largest garment exporters supplying global fashion brands, has established an apparel manufacturing unit with an investment of $100 million in Khurda district to generate over 5,000 direct jobs. The company plans to invest $150 million more for another unit on technical textiles. Page Industries (exclusive licensee of Jockey and Speedo in India) has invested ₹750 crore to establish a major apparel manufacturing facility at Ramdaspur in Cuttack district, aiming to generate over 5,500 jobs. Similarly, Aditya Birla Group companies have expanded their footprint with Hindalco Industries signing agreements to establish two apparel manufacturing units in Keonjhar and Sambalpur with a combined investment of ₹200 crore, expected to generate around 2,400 direct jobs.
