Odisha Government will set up a textile plant in Bhadrak district to provide employment opportunities to youngsters, informed Industries Minister Sampad Chandra Swain.

Replying to Barabati-Cuttack MLA Sofia Firdous to her question in ongoing Assembly session, the Minister told the House about the setting up of the textile park in Bhadrak.

"A mega feed cracker unit will be set up at Paradip. The by-product of the plant will be used in the textile park in Bhadrak. The project will be carried out in collaboration with the Indian Oil Corporation Limited (IOCL)," the Minister said in his statement.

In March last year, the state cabinet chaired by then Chief Minister Naveen Patnaik approved an incentive proposal of the IOCL for setting up a mega dual feed cracker unit at Paradip at an investment of Rs 58,042 Crore.

The dual feed cracker unit will produce ethylene, poly propylene, poly vinyl chloride (PVC), phenol, iso-propyl alcohol (IPA) for total capacity of 2,822 tonne per annum (KTA).