Odisha Approves US $13 Million Yarn Unit to Advance Cotton-to-Yarn...

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2026-04-24 07:11:00 -

Odisha Approves US $13 Million Yarn Unit to Advance Cotton-to-Yarn Integration

The Odisha government has approved an investment of Rs 124 crore (US$13.17 million) to set up a yarn manufacturing unit in Balangir district. The project will be developed by Shree Ambica Cotspin Pvt Ltd, a 27-year-old textile firm. Experts noted that the new unit will help bridge this gap by enabling forward integration from cotton ginning to yarn production within the state. Despite...

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