HSIL plans to invest Rs 350 crore for manufacturing unit at Cuttack

Hindustan Sanitaryware & Industries Ltd (HSIL) has proposed to set up a Rs 350 crore manufacturing unit for glass containers at Cuttack, state government sources said Thursday. The plant would have a capacity of 1,30,000 tonnes per annum and is expected to create direct and indirect employment for over 1,200 people, an official said.

Odisha's State Level Facilitation Cell has already recommended the proposal to State Level Single Window Clearance Authority for approval, the official said. For Odisha government's Single Window for Investor Facilitation and Tracking (GO-SWIFT), a web portal for doing business in the state, it was the 500th investment proposal.

"It is encouraging to note that within a short span of one year, GO-SWIFT has received the 500th investment proposal," said industries secretary Sanjeev Chopra.