Toray Industries (Hong Kong) Ltd has signed a joint venture agreement with MAS Holdings, the biggest South Asia's apparel manufacturer, to set up Toray MAS Apparel India, a next-generation manufacturing hub aimed at facilitating supply chain efficiency and meeting the rising demand for innovative textile solutions in India's apparel sector.
The premises will be at the forthcoming MAS Apparel Park in Bhuinpur, Odisha, with its functionality guaranteed for early 2026. The trio of the global MNC apparel experience of MAS Holdings, over the course of 30 years, merged with the material excellence of Toray, aims at delivering the highest quality, future-oriented, products of the best international brands, at the same time creating many job opportunities, and stimulating regional economic growth.
Sustainability will be at the heart of the venture. The new facility will implement energy and power generation systems of renewable energy such as solar panels installed on the rooftops of buildings, LED lighting and other energy-saving systems, water-reusing and wastewater recycling solutions. In addition, environmentally friendly waste management and universal-accessibility standards will strengthen the company s commitment to social and environmental responsibility.
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Teruo Funahashi, Managing Director of Toray Hong Kong, said that the venture could be equally local employment, advanced manufacturing capabilities as well as resulting in the facility being both the Toray and MAS garment hubs in India plans. Suren Fernando, Group CEO of MAS Holdings, noted that this partnership would not only extend their global supply chain network but also oversee the fulfillment of customer needs and expectations by way of innovation and regional development through the transition.
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