Toray Industries and MAS Holdings have launched a new joint venture company (JVC), Toray MAS Apparel India, to produce apparel within and for India's rapidly growing market. Formally signed in June, the partnership will include the establishment of a new manufacturing facility at the MAS Apparel Park in Odisha.

Operations at this facility are slated to begin in early 2026. The plant aims to serve both current and future customers in the region, meeting the rising demand for high-quality, innovative textile solutions.

Highlighting the goals of this venture, Teruo Funahashi, Managing Director, Toray Hong Kong, describes the new company as a ‘garment stronghold’ that will strengthen the partnership between Toray and MAS by leveraging their respective capabilities.

Suren Fernando, Group CEO, MAS Holdings, terms this collaboration a ‘significant step forward’ in strengthening the company's global supply network. The Odisha facility will be crucial in supporting customer needs, driving innovation, and fostering regional economic development, he notes.

The collaboration brings together MAS Holdings' extensive apparel manufacturing expertise and Toray Industries' advanced material technologies. The new facility is also being designed with a strong focus on sustainability. It will incorporate renewable energy solutions like rooftop solar panels, energy-efficient technologies, and advanced water and wastewater management systems. The facility is also being built to ensure universal accessibility and integrate environmentally responsible waste and chemical management practices, aligning its future operations with both environmental stewardship and social responsibility.