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Odisha CM Naveen Patnaik Laid Foundation Stone Of Welspun’s Integrated Textile Complex at Choudwar, Odisha

• By  Textile Excellence
• February 18, 2024

Odisha CM Shri Naveen Patnaik graced the inauguration ceremony of Welspun Group’s Integrated Textile Manufacturing Facility and Warehousing Complex in Choudwar in Cuttack. Welspun group is envisaging an investment of over Rs 3,000 crore in this visionary project which is poised to revolutionize the textile sector and catalyze economic growth in the east Indian state.

Welspun is among the largest integrated textiles manufacturers in India with multi location multi product facilities in Maharashtra, Gujarat, Karnataka, and Telangana. The company is investing in the entire textile manufacturing value chain in Odisha and would also consume locally produced cotton from Kalahandi, Balangir, Rayagada, and Gajapati.

Shri BK Goenka, Chairman, Welspun Group, extended his gratitude towards the Odisha Govt. and CM Shri Patnaik and said “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.”

CM Naveen Patnaik expressed his thoughts on the project and said “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.”

He further 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.”

Industrial Promotion & Investment Corporation of Odisha (IPICOL) team had met Shri Goenka and Welspun Group representatives during a road show to Make-In-Odisha 2022 conclave and the investment decision was finalized in October 2023.

The complex of Orissa Textiles Mill (OTM) at Choudwar was once eastern India’s largest composite cotton mill, was co-founded by late Chief Minister Biju Patnaik. 

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.”