Global apparel manufacturing giant MAS Holdings’ Odisha (India) factory is anticipating to start production in 2026 with performance wear and intimate wear being the core products.
The company recently got the State Government’s approval and plans to invest US $ 143 million (Rs. 1,211.87 crore) at Khurda.
Apparel Resources recently reported that this integrated textile facility initiative is supposed to create almost 5000 jobs.
“This initial unit will focus on producing value-added apparel products and will cater to both local and international markets, reinforcing our commitment to support India’s domestic apparel needs and international exports by leveraging MAS’ industry expertise,” the company’s spokesperson told Apparel Resources.
The spokesperson further added that MAS’ plans are contingent upon the changing and challenging market conditions, and MAS will continue to adapt as and when required. “As of now, we anticipate commencing production in 2026 at the first of our planned facilities at this site. We are excited to partner with the Odisha Government and we look forward to creating employment opportunities in the region, bolstering Odisha’s textile ecosystem.”
It took almost a year to approve this project as MAS officially submitted a Project Evaluation & Allotment of Land (PEAL) application in December 2023 for land reservation for potential investment by MAS Holdings and its partners for in-principle approval and allocation of land.
This was followed by further internal feasibility studies and due diligence processes, a critical step in ensuring the longevity our investments. During this period, the Odisha government sought further information from MAS and their recent High-Level Clearance Authority (HLCA) approval comes after the company provided the State Government with the required details and further information of the company’s long-term plans for this investment over the next 10 years.
