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Orissa frames guidelines for textile investors

Orissa has framed guidelines for apparel parks. The guidelines will be applicable to industrial bodies as well as young entrepreneurs who want to start their business in the state. Entrepreneurs who want to set up textile units will have to obtain an identification number through the micro, small and medium enterprises department whereas bigger industrial bodies will have to do the same through the department of industrial policy and promotion.

To set up apparel parks, the promoters will have to obtain permission from the Odisha State Co-operative Spinning Mill Federation Limited (Spinfed), which monitors the physical and financial activities of member spinning mills and power loom industries in the state.

Spinfed will examine the preliminary report submitted by the promoter of the park and then accord approval. Land for the park has to be obtained by the promoter. But they will get assistance from the government for land acquisition mainly for private land.

Orissa aims to boost the textile sector through this policy by setting up apparel units, parks. The state has come up with six different policies under the ease of doing business based on the potential of the state and textile is a focus sector.

 
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