Toray and MAS Holdings Enter Joint Venture in India

Materials technology company Toray has formed a joint venture with South Asia apparel manufacturer MAS Holdings to expand within the Indian apparel market. Operating under the name Toray MAS Apparel India, the venture will include a new manufacturing facility at the MAS Apparel Park Bhuinpur in Odisha, India. The facility is currently in development after a groundbreaking in March, and is expected to be operational in early 2026. More from Sourcing Journal “Toray MAS Apparel India will contribute to loca ...