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India's Odisha clears 15 projects, to see textile waste recycling unit

12 Nov '24
1 min read
India's Odisha clears 15 projects, to see textile waste recycling unit
Pic: Adobe Stock

Insights

  • India's Odisha state has approved 15 industrial projects with an investment of ₹3,353.15 crore.
  • The projects cover diverse sectors, including manufacturing, renewable energy and textiles.
  • Odisha Textile Manufacturing will set up a unit to manufacture recycled yarn from textile waste in Khurda.
  • Reliance Bio Energy will set up a compressed biogas and fermented organic manure plant in Puri.
India’s Odisha state last week approved 15 industrial projects with a combined investment of ₹3,353.15 crore ahead of the Utkarsh Odisha conclave in January. The projects cover diverse sectors, including manufacturing, renewable energy and textiles.

The planned projects in six districts—Khurda, Cuttack, Puri, Bargarh, Jharsuguda and Koraput—are expected to generate over 4,600 jobs.

The approval came from the state-level single-window clearance authority headed by chief secretary Manoj Ahuja.

Odisha Textile Manufacturing Pvt. Ltd. will set up a facility to manufacture recycled yarn from textile waste at an investment of ₹51.8 crore in Khurda, according to media reports from the state.

Reliance Bio Energy Limited will establish a compressed biogas and fermented organic manure plant in Puri with an estimated investment of ₹121.21 crore.

ALCHEMPro News Desk (DS)
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