Quote:Epic Group’s largest facility to be established in Odisha
by Apparel Resources News-Desk 03-October-2023
EPIC Group, one of the leading apparel manufacturers based in Hong Kong and renowned for serving some of the world’s leading brands, is poised to bolster foreign direct investment in Odisha.
Trimetro Garments India, a subsidiary of the Group, is planning to invest Rs. 376.85 crore for establishing its apparel manufacturing facility in the Khurda district. The project is likely to generate employment opportunities for 7,050 people. This state-of-the-art apparel manufacturing facility in Khurda district, will be the largest facility within the Epic Group.
Looks like the second bullet train corridor is going to be Mumbai-Nagpur. Odisha should pursue Nagpur-Raipur-Bhubaneswar-Puri bullet train corridor as well as access-controlled expressway.
Quote:The Centre unveils an ambitious proposal for a Rs 120 billion inland waterway along the Brahmani river in Odisha. The objective is to facilitate the efficient movement of goods from four key industrial clusters to the ports of Paradip and Dhamra. The scheme envisions government-led infrastructure development using the engineering, procurement, and construction (EPC) model.
A collaborative special purpose vehicle (SPV) involving Coal India Limited (CIL), Inland Waterways Authority of India (IWAI), Paradip Port, and the Odisha government will spearhead the creation of the necessary infrastructure for operationalizing the National Waterway 5 (NW5). A senior government official affirmed that the concept has secured in-principle approval from the respective company boards.
