The Business Bytes
THEBUSINESSBYTES BUREAU
BHUINPUR (KHORDHA), FEBRUARY 23, 2025
In a significant boost to Odisha’s industrial landscape, MAS Holdings, South Asia’s largest apparel manufacturer, laid the foundation stone for its ambitious apparel park at Bhuinpur in Khordha district of Odisha on Sunday. The groundbreaking ceremony, a key milestone in MAS Holdings’ expansion strategy, was attended by senior officials from the Odisha Government, the Odisha Industrial Infrastructure Development Corporation (IDCO), and the Industrial Promotion & Investment Corporation of Orissa Limited (IPICOL), alongside top executives from MAS Holdings.
This strategic investment underscores the Odisha Government’s continued efforts to attract global players and drive industrial growth, particularly in the textile and apparel sectors. The apparel park, spanning 60 acres, is poised to be a game-changer, with production expected to commence by June 2026. The first unit at the site will focus on manufacturing high-value apparel products for both domestic and international markets, reinforcing MAS Holdings’ commitment to bolstering India’s apparel manufacturing capabilities and expanding global exports.
With a projected investment exceeding USD 140 million over the next decade, the apparel park is expected to generate around 10,000 direct and indirect employment opportunities, significantly contributing to the socio-economic development of the region.
Speaking on the partnership with the Odisha Government, Malik Ahamadeen, Chief Executive Officer of MAS India, expressed enthusiasm about the project, stating, “MAS is delighted to collaborate with the Odisha Government in establishing a robust apparel ecosystem. This initiative will not only strengthen the textile sector but also create substantial employment opportunities, fostering long-term economic growth in the region.”
Suren Fernando, Group Chief Executive Officer of MAS Holdings, highlighted the strategic importance of India in the company’s global operations. “With 25 years of experience in India, we recognize the immense potential of the country’s manufacturing landscape. This investment aligns with our vision of leveraging India’s growing retail sector and strengthening global supply chains,” he remarked.
MAS Holdings envisions transforming the Bhuinpur site into a fully integrated apparel park, replicating its successful model in Sri Lanka. The facility aims to attract key players in the apparel industry, fostering an efficient and cost-effective supply chain that will enhance competitiveness for global brands. Sustainability and ethical manufacturing will be central to the park’s operations, further cementing MAS Holdings’ reputation as a global leader in responsible apparel production.
The event also saw the participation of other senior MAS Holdings executives, including Shakthi Ranatunga (COO), Murad Rajudin (CEO, MAS Fabric Park), and Rajitha Jayasuriya (Director of Corporate Affairs). The Odisha Government was represented by Subhendra Kumar Nayak, Special Secretary, reaffirming the state’s commitment to facilitating large-scale industrial investments.
As South Asia’s largest apparel manufacturer and a globally recognized design-to-delivery solutions provider, MAS Holdings continues to set industry benchmarks with its workforce of over 100,000 employees across 14 countries. Beyond traditional apparel manufacturing, the company is expanding into cutting-edge sectors, including wearable technology, FemTech, and sustainable fabric innovation, reinforcing its position as a pioneer in the global textile industry.
