A major leap for India’s industrial growth is taking shape in Odisha’s Bhadrak district as Indian Oil Corporation (IOCL) sets the foundation for a world-class technical textile complex worth Rs 43.77 billion. The ambitious project, being developed in a 50:50 partnership with MCPI, will house a 900 TPD Continuous Polymerisation unit alongside cutting-edge downstream facilities for Draw Textured Yarn (DTY), Fully Drawn Yarn (FDY), and polyester chips.

The complex is designed to not only meet rising domestic demand but also position India as a competitive exporter in the global textile value chain. The technology-packed plant will support sectors spanning garments, upholstery, and high-performance industrial textiles. With IOCL infusing Rs 6.57 billion as equity, the initiative reflects a shift toward sustainable manufacturing, with energy efficiency and environmental balance forming its core.

Odisha Chief Minister Mohan Charan Majhi highlighted the project’s strategic importance while launching other development efforts in the state. Bhadrak, now gaining recognition as a budding industrial hub, offers prime connectivity, raw material proximity, and robust logistics making it an ideal choice for such a transformative venture.

This petrochemical-to-textile plant strengthens India’s pursuit of self-reliance by reducing import dependency and expanding production capabilities under the national Make in India roadmap. The project is expected to act as a catalyst for employment, innovation, and regional development, while also opening new avenues in international trade. As Bhadrak prepares to welcome this industrial marvel, the future of Indian technical textiles takes a confident step forward.