February 23rd 2025.
On a bright Sunday morning in Bhubaneswar, the capital of Odisha, a significant event took place. MAS Holdings, a prominent apparel manufacturer from South Asia, laid the foundation stone for its latest project - an apparel park in Bhuinpur, located in the Khurda district of Odisha. The ground-breaking ceremony was graced by the presence of esteemed officials from the Odisha government as well as representatives from MAS Holdings.
According to a statement released by the company, the apparel park is expected to begin production in 2026, starting with its first facility at the site. This unit will specialize in manufacturing value-added apparel products, catering to both the local and international markets. In the coming years, MAS Holdings plans to develop the 60-acre land into a comprehensive apparel park, similar to the ones they have in Sri Lanka.
The main objective of this project is to attract partners from the apparel industry to operate in the same location, creating an integrated supply chain that will offer speed and cost advantages for brands. The company hopes to achieve this by collaborating with various partners over the next 10 years. Together, they aim to create 10,000 employment opportunities and draw in investments of over USD 140 million.
Malik Ahamadeen, the Chief Executive Officer of MAS India, expressed his excitement about this partnership with the Odisha government, stating that it is a crucial step towards building a robust apparel ecosystem in the region. He also mentioned their commitment to creating employment opportunities and contributing to the economic growth and long-term development of the area.
Suren Fernando, the Group Chief Executive Officer of MAS Holdings, highlighted India's importance in the company's operations, as they have been operating in the country for 25 years. He also acknowledged the immense potential of India's manufacturing landscape, both in the global supply chain and the rapidly growing domestic retail sector.
Overall, the foundation stone laying ceremony for the apparel park in Bhuinpur marks a significant milestone for MAS Holdings and the Odisha government. It is a testament to their dedication towards the growth and development of the apparel industry in the region, and their commitment to creating a thriving ecosystem that will benefit all stakeholders involved.
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