Hindalco Signs MoU: In a significant move to boost employment and industrial development in Odisha, Hindalco Industries Ltd of the Aditya Birla Group, has committed an investment of 200 crore to set up apparel manufacturing units in Kendujhar and Sambalpur districts.
Two separate Memorandum of Understanding (MoU) were signed between Hindalco and the Government of Odisha on Friday in the presence of Hon’ble Chief Minister Shri Mohan Charan Majhi. The MoUs were exchanged between Sri Ardhendu Mahapatra, President Corporate Affairs, Hindalco Industries Ltd, and Sri. B.S. Poonia, Principal Secretary, Department of Skill Development and Technical Education .
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The agreements were signed during the Textile Investor meet 2025 (Tex-2025), organized in collaboration with FICCI at the Odisha Secretariat in Bhubaneswar. As per the MoUs, Hindalco will establish apparel manufacturing units in the two districts with each unit’s investment of 100 crores, creating potential for 2,400 direct employment opportunities for the youth of the state.
The units are expected to become operational in the coming days. The event was also graced by Shri Sampad Charan Swain, Minister for Industries and Skill Development, Shri Pradeep Bal Samant, Minister for Handlooms and Textiles, Chief Secretary Shri Manoj Ahuja, Development Commissioner Shri Anu Garg, and Additional Chief Secretary Shri Hemant Sharma.
This investment further strengthens Hindalco’s footprint in Odisha. As a responsible corporate, the company commitment to generating additional employment opportunities in the state in the near future through continued collaboration with the government
Click to Read in Odia- ହିଣ୍ଡାଲକୋ ଓଡିଶାରେ ନିବେଶ କରିବ 200 କୋଟି ଟଙ୍କା, ଏମଓୟୁ ସ୍ଵାକ୍ଷରିତ
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