Odisha Approves ₹124 Crore Unit to Strengthen Cotton-to-Yarn Integration
Taking a significant step toward strengthening the textile value chain within the state, the Odisha government has approved an investment of ₹124 crore (approximately US$ 13.17 million) for the establishment of a yarn manufacturing unit in the Balangir district. This project will be developed by Shri Ambika Cotspin Private Limited, a 27-year-old textile company.
According to experts, this new unit will help better integrate the processes ranging from cotton ginning to yarn production within the state. Currently, despite rising cotton production in several districts, a significant portion of raw cotton is shipped outside the state due to a lack of adequate downstream processing infrastructure.
Odisha's Chief Secretary, Anu Garg, stated that this project will bolster the state's 'Farm-to-Fabric' strategy and ensure that the value generated from locally produced cotton remains within the state's economy.
The trend of investment in the state's textile sector is steadily accelerating, with several major companies establishing their projects across various districts. For instance, the Epic Group plans to set up a sustainable manufacturing unit in Khordha with an investment of ₹220 crore (US$ 23.37 million), while MAS Holdings is investing approximately US$ 140 million in Bhuinpur.
Furthermore, Hindalco Industries has announced plans to set up a unit worth ₹100 crore (US$ 10.62 million) in Keonjhar. Meanwhile, Sonaselection India Limited is also establishing a garment manufacturing unit in Khordha with an investment of ₹130 crore (US$ 13.81 million), which will be linked to Khordha Alphatex Private Limited's technical textile project worth ₹180 crore (US$ 19.12 million).
In addition to these projects, more than 33 textile and apparel companies—including Page Industries, KPR Mills, Technosport, First Step Baby Wear, Sportking, Adarsh Knitwear, Anubhav Apparels, and Trimetro Garments India Private Limited—have committed to investing in Odisha.
