ITC Sets Up Consumer Goods Manufacturing Unit In Odisha, CM Inaugurates

Listen to This Article

Odisha Chief Minister Naveen Patnaik on Monday inaugurated ITC's integrated consumer goods manufacturing and logistics facility at Khurda.

Congratulating ITC CMD Sanjeev Puri, Patnaik urged him to expand the company's footprint in the state.

He reiterated the state government's commitment to making Odisha the next industrial hub in the country.

The Industrial Policy Resolution (IPR) 2022 aims to transform Odisha into a modern and advanced industrial state by offering the investors outstanding opportunities for sustainable business growth and fostering holistic socio-economic development of the people, he said.

The food processing sector is one of the priority sectors in IPR 2022 and this facility by ITC marks a significant milestone for Odisha, he said.

The facility is built on an area of 35 acre. It is dedicated to seven production lines, including Aashirvaad atta, Yippee! noodles, Sunfeast biscuits and Bingo! chips.

The inauguration ceremony was attended by Jatni MLA Suresh Kumar Routray and Khurda MLA Jyotirindra Nath Mitra, among others.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

RECENT NEWS

The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty

In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more

Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction

In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more

Transforming Financial Operations With Robotic Process Automation

Author: Ricardo Goulart                           ... Read more

The Role Of Machine Learning In Fraud Detection

        Author: Gerardine Lucero                  &nbsp... Read more

Principles Of Islamic Banking And Finance

When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more