Business Standard

Shahi Exports to set up Rs 36-cr apparel mfg unit in Odisha

Image

Press Trust of India Bhubaneswar
Shahi Exports Private Limited today launched an apparel manufacturing unit in Odisha to be set up with an investment of Rs 36 crore.

The apparel unit, with a capacity of three lakh dresses per month, will provide direct employment for about 2,500 people.

The construction work of the proposed unit would be completed within one year and is being set up at an industrial estate in Mancheswar here.

"The state government has been giving stress on textile industries as it generates more employment. The state has been contemplating to set up two integrated textile parks at Choudwar and Bhadrak," said Chief Minister Naveen Patnaik after laying the foundation stone of the unit.
 

Hopeful of more investments in the textiles sector, Patnaik said Shahi Exports' efforts to set up an export oriented apparel unit in the state will encourage others to invest in the state.

Patnaik also said that the new industrial policy would have provisions to encourage investments in the textiles and handlooms sectors.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 13 2015 | 5:22 PM IST

Explore News