Odisha state government has come up with an operational guideline for effective implementation of the Odisha Apparel Policy, 2016. Under the policy, the state government will facilitate opening up of apparel units, parks, skill development centres and more. An attempt made by the government to improve investment opportunity and create more employment in the state.
The state government aims to give a boost to the textile sector through this policy by setting up apparel units, parks and more in a range of Rs 10 crore to Rs 1,000 crore. They have come up with six different policies under the ease of doing business based on the potential of the state. Textile is a focus sector.
As per the guideline, entrepreneurs, who want to set up a textile unit, will have to obtain an identification number through the micro, small and medium enterprises department of the government whereas bigger industrial bodies will have to do same through department of industrial policy and promotion of the government.
Besides, to set up apparel park, the promoters will have to obtain permission from the Odisha State Co-operative Spinning Mill Federation Limited (Spinfed), which monitor the physical and financial activities of member spinning mills and power loom industries in the state.
The Spinfed will examine the preliminary report submitted by the promoter of the park and then accord approval. The land for the park will be obtained by the promoter itself. But, it will get assistance from the government for the land acquisition mainly for private ones.
The state has already proposed to set up two apparel parks in Bhadrak and Cuttack respectively, five integrated textile parks in Bhubaneswar, Balasore, Bargarh, Cuttack, Ganjam and one of the Kalahandi-Balangir-Koraput (KBK) districts, and another centre of excellence in Bhubaneswar for skills development.
They have showcased the projects in the previous Make in Odisha Conclave where they received overwhelming response from the investors. They are hopeful that by enforcing a feasible operational guideline, they will be able to get the investors with ease, which will provide a major boost to the ever-growing textile sector of the state.
The guideline will be applicable to industrial bodies as well as young entrepreneurs who wanted to start their business in the state as per the policy.
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
Countries Served Worldwide