[pageLogInLogOut]

#Textiles & Apparel / Garment

Toray Industries and MAS Holdings announce Joint Venture in Odisha, India

Toray Industries (H.K.) Ltd., has officially entered a joint venture with South Asia’s largest apparel manufacturer MAS Holdings, marking a unique opportunity to enhance the two companies’ supply chain capabilities and pursue product manufacturing within and for the fast-growing Indian market. The joint venture, operating under the name Toray MAS Apparel India, will see the establishment of a new manufacturing facility at the MAS Apparel Park Bhuinpur in Odisha, India, which is currently under development.
from left to right: Yasukochi Akira - Sales Director, Toray MAS Apparel India, Teruki Umeda - Managing Director, Toray MAS Apparel India, Teruo Funhashi - Managing Director, Toray Hong Kong, Malik Ahamadeen - CEO, MAS India, Suren Fernando - Group CEO, MAS Holdings, Shakthi Ranatunga - Chief Operating Officer, MAS Holdings, Rajitha Jayasuriya - Director, Corporate Affairs, MAS Holdings, Sid Amalean, Director – Innovation & Business Strategy, MAS Holdings, Surath Chandrasena, Finance Director, MAS Holdings. © 2025 Toray MAS Apparel India
from left to right: Yasukochi Akira - Sales Director, Toray MAS Apparel India, Teruki Umeda - Managing Director, Toray MAS Apparel India, Teruo Funhashi - Managing Director, Toray Hong Kong, Malik Ahamadeen - CEO, MAS India, Suren Fernando - Group CEO, MAS Holdings, Shakthi Ranatunga - Chief Operating Officer, MAS Holdings, Rajitha Jayasuriya - Director, Corporate Affairs, MAS Holdings, Sid Amalean, Director – Innovation & Business Strategy, MAS Holdings, Surath Chandrasena, Finance Director, MAS Holdings. © 2025 Toray MAS Apparel India


The groundbreaking for the MAS Apparel Park took place earlier this year in March 2025, with operations expected to commence in early 2026. The new facility is aimed at catering to both current and potential customers in the region, supporting the growing demand for high-quality, innovative textile solutions.

The official signing ceremony for the partnership took place in June at the MAS Head Office in Colombo, with Teruo Funahashi, Managing Director of Toray Hong Kong, and Suren Fernando, Group Chief Executive Officer of MAS Holdings, representing the two organizations.

Commenting on the partnership, Teruo Funahashi, Managing Director of Toray Hong Kong, said “Toray MAS Apparel India will contribute to local employment and economic growth by manufacturing advanced, top-quality offerings. That company will serve as a garment stronghold in India for Toray and MAS Holdings, reinforcing their partnership by deploying strategies that capitalize on their capabilities”.

Suren Fernando, Group CEO of MAS Holdings stated "This joint venture marks a significant step forward in strengthening our global supply network and deepening our partnership with Toray Industries. The Odisha facility will play a key role in supporting our customers’ evolving needs, driving innovation and contributing to regional economic development. In today’s global economic landscape, strategic partnerships like this are key to enhancing our capabilities and continuing to deliver value-added solutions to our customers."

The collaboration builds on MAS Holdings' extensive apparel manufacturing expertise and Toray Industries' advanced material technologies, positioning Toray MAS to deliver innovative products to global brands while fostering economic growth and job creation in Odisha.

The operation being set up aims to advance sustainability by incorporating renewable energy solutions such as rooftop solar PV, energy-efficient technologies across operations, and advanced water and wastewater management systems. The facility is also being designed to ensure universal accessibility, integrating environmentally responsible practices in waste and chemical management, aligning its future operations with both environmental stewardship and social responsibility.




More News from Toray Industries, Inc.

More News on Textiles & Apparel / Garment

#Exhibitions & Events

VIATT 2026 announces inaugural lifestyle Trend Forum: Unified vision for S/S 2027 across fashion, home, and tech

The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) is set to host its first Trend Forum, offering a forward-looking, industry-wide perspective for Spring / Summer 2027. With the show scheduled from 26 – 28 February 2026 at the Saigon Exhibition and Convention Center (SECC), VIATT’s trend curators – NellyRodi™ Agency and MUSEATIVE – will provide comprehensive insights across the interconnected realms of Apparel Fabrics & Fashion, Home & Contract Textiles, and Technical Textiles & Technologies.

#Functional Fabrics

PERFORMANCE DAYS: Focus topic shifts to the beginning of the value chain

Following the last Focus Topic in October 2025, which placed Textile-to-Textile Recycling at its core, PERFORMANCE DAYS continues to drive the conversation around circularity – this time with an expanded and more upstream perspective. The upcoming Focus Topic, “Textile to Textile: The Role of Collectors and Sorters,” presented during the spring edition on March 18–19, will spotlight one of the most essential yet often overlooked components of a functioning circular textile system: the efficient collection and sorting of post-consumer textiles.

#Natural Fibers

AMSilk’s silk protein yarns debut in Balenciaga collection

AMSilk GmbH (“AMSilk”), a global leader in advanced biomaterials made from silk proteins, today announced that its bioengineered yarns are featured in commercially available garments within Balenciaga’s Spring 2026 collection.

#Textiles & Apparel / Garment

ROICA: Where distinction and intention shape the future of apparel industry at Milano Unica

At Milano Unica, held at Fiera Milano (Rho) in Milan from January 20–22, nine select European partners unveil collections shaped by ROICA™—the premium stretch fiber by Asahi Kasei. ROICA™ does not stand alone on the show floor, but its presence is quietly interlaced into each creation, chosen by those who seek distinction and depth in modern textiles. Through these dedicated collaborations, ROICA™ continues to sup-port the apparel industry with advanced stretch, comfort, and environmental care, offering something unique for brands who value true craftsmanship and thoughtful innovation.

Latest News

#Dyeing, Drying, Finishing

Precision jet dyeing moves towards industrial scale as Alchemie partners with Acatel

BTMA member Alchemie Technology, the pioneer of precision jet dyeing solutions based in Cambridge, UK, is partnering with Acatel, the Portuguese leader in sustainable textile manufacturing. The two companies will work together to validate and optimise Alchemie’s Endeavour system for knitted cellulosic fabrics.

#Dyeing, Drying, Finishing

Monforts customers make strong showing at Heimtextil 2026

Monforts dyeing and finishing technology customers from Pakistan had a formidable presence at the Heimtextil 2026 home and contract textiles exhibition which attracted over 48,000 visitors to Frankfurt in Germany this month (January 13-16).

#Fabrics

MUNICH FABRIC START: Between Attitude and Sensuality

The future begins where we reimagine it. After seasons of restraint, Spring.Summer 27 marks a conscious counter-trend: optimism, sensuality, and creative freedom are replacing pragmatism and neutrality. Physical presence and individuality are regaining importance – as a response to uncertainty, exhaustion, and algorithmic predictability. The overarching theme of PLEASURE stands for fashion as an emotional space, as an expression of attitude and cultural reflection. Colours, surfaces, and materials become vehicles for self-confidence and joie de vivre.

#Denim

organIQ seek: smart alternative to potassium permanganate

CHT Group announces new technical findings within its organIQ seek platform that significantly advance the transition toward permanganate-free denim bleaching. Through extensive industrial testing and application research, CHT confirms that organIQ seek can now be used with remarkable effectiveness as a substitute for potassium permanganate in spray bleach, while remaining aligned with sustainability expectations and cost realities in the European market. At the COLOMBIATEX in Medellín as well as at the Exintex in Puebla and the Kingpins Show in Amsterdam the CHT Group will present organIQ seek as an alternative to potassium permanganate.

TOP