The Government of Odisha (India) has asked the World Bank to provide financial support on a project initiated for the development of the state’s textile industry including handlooms and handicrafts.
A meeting between the World Bank officials and the representatives of the State Government was held recently at State Secretariat.
During the meeting, A P Padhi, Chief Secretary asked the Government officials to keep an eye on the developments in order to utilise the best of assistance provided by the World Bank.
However, there is no official announcement or any information on the financial aid granted by the World Bank.
The State Government will reportedly invest Rs. 460 crores, in the beginning, followed by the Central Government’s funding and loan from the World Bank.
Odisha offers 52 different types of handicrafts and weaving art forms. The state is known for producing designs like Sambalpuri, Bomkei, Berhampuri and Ikat, making it a perfect destination for the handlooms buyers.
Over four lakh people are working in the sector for their livelihood.
The key objective of the Odisha Government behind collaborating with the World Bank is to make the project a successful one and increase the income of the artisans and weavers in the state.
Bharat Tex Special Report 2026 
