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Related Keywords: Chief Minister Naveen Patnaik, launch apparel manufacturing unit ., new industrial policy, Odisha government, set up two integrated textile parks, Shahi Export, special arrangement for textile and handloom sectors

Chief minister Naveen Patnaik on Thursday at the foundation stone laying ceremony of Shahi Exports here at Mancheswar industrial estate announced that the Odisha government has been contemplating to set up two integrated textile parks at Choudwar and Bhadrak.

Naveen also announced that the state government has made special arrangement for textile and handloom sectors in the new industrial policy resolution to encourage investment in textile and handloom sectors.

Related Keywords: interest subsidies, investment, mega project, new industrial policy, one million bales, state government, Telangana spinning and textile industry, Telangana textile industry, telangana textile mills association

Telangana spinning and textile industry consumes only about one million bales of a total production of five million bales in the State, hence the industry needs encouragement from the Government. For which the Telangana Textile Mills Assoication has urged the State Government to a host of incentives including investment and interest subsidies in the proposed new industrial policy.