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Odisha Chief Minister laid foundation stone for Welspun Group’s integrated textiles manufacturing facility and warehousing complex at Choudwa

in District Diary, State News February 17, 2024 Comments Off on Odisha Chief Minister laid foundation stone for Welspun Group’s integrated textiles manufacturing facility and warehousing complex at Choudwa 362 Views

Bhubaneswar: 17/2/24:Chief Minister Shri Naveen Patnaik graced the inauguration ceremony of Welspun Group’s Integrated Textiles Manufacturing Facility and Warehousing Complex in Choudwar, Cuttack. With an investment of over Rs 3,000 crore, this visionary project is poised to revolutionize the textile sector and catalyze economic growth in the region. Anticipated to create over 10,000 new employment opportunities, it symbolizes Odisha’s commitment to fostering sustainable development and empowering local communities. More than 30,000 people attended the groundbreaking ceremony.

Welspun Group is one of the largest integrated textiles manufacturing companies in the country with facilities in Maharashtra, Gujarat, Karnataka, and Telangana. The company is investing in the entire textile value chain in Odisha.

It will be procuring cotton from the farmers in the western and southern districts of Kalahandi, Balangir, Rayagada, and Gajapati for its textiles unit.

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Speaking on the occasion, BK Goenka, the Chairman of Welspun Group, extended his gratitude towards the Chief Minister and the state government. “We are grateful for the support and commitment shown by the Chief Minister and the Government of Odisha. Their dedication to fostering an environment conducive to industrial growth and development has been instrumental in bringing our project to fruition. Through the integrated textiles manufacturing facility and warehousing complex, we want to create a world-class textiles ecosystem in Odisha and take forward the legacy of Biju Babu.” The Welspun Group is also committed to improving the quality of life in Choudwar by developing several amenities for the public”, he added.

A team from IPICOL had met Goenka and the Welspun Group representatives during the pre-Make-In-Odisha (MIO Conclave) 2022 road shows and had convinced them to explore Odisha as a potential destination before the investment was finalized in October 2023.

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Chief Minister Naveen Patnaik expressed his enthusiasm for the project and stated “This transformative investment by the Welspun Group is a testament to Odisha’s growing prominence as a hub for industrialization and economic progress. We are immensely proud to support initiatives that not only contribute to our state’s development but also empower our workforce.”

The Chief Minister added, “The Welspun project is expected to generate over 10,000 jobs, significantly impacting the local employment landscape. It promises to act as a catalyst for Small and Medium Enterprises (SMEs), promoting business growth and innovation within a vibrant ecosystem. This initiative not only signifies a major leap towards economic advancement but also reinforces Odisha’s commitment to sustainable industrial development.”

The Orissa Textiles Mill (OTM) at Choudwar, once eastern India’s largest composite cotton mill, was co-founded by late Chief Minister Biju Patnaik. The investment by Welspun Group is set to reignite industrial growth and development in the region as well as directly support the growth of cotton growers across the state

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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