INDIA: MAS Holdings signs deal for textile park
Sri Lankan textile and apparel group MAS Holdings has signed a deal with the Andhra Pradesh state government for a textile special economic zone (SEZ) in Nellore district.
The US$200m park, expected to be 750-acres-big, is expected to open up 30,000 direct jobs and 45,000 indirect jobs.
Its developers are also eyeing export revenues of $500m from the venture over the next five years.
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Sri Lanka’s two largest textile and apparel companies – MAS Holdings and Brandix Lanka – are in the process of setting up textile and apparel parks in India. The moves are part of a long-term strategy...
Sri Lanka's two largest textile and apparel companies - MAS Holdings and Brandix Lanka - are in the process of setting up textile and apparel parks in India. The moves are part of a long-term strategy...
Niki Tait reports on the recent International Textile Institute Conference in Sri Lanka, where around 170 delegates heard research papers from textile and apparel university departments around the wor...
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MAS Holdings announced this week that it is revving up its expansion plans in South Asia with an industrial zone in India....
Textured Jersey Lanka has started a US$15m expansion plan to double current capacity....
DogiEFA, the textiles joint venture between Spanish producer Dogi, Elastic Fabrics of America (EFA) and Mas Holdings, will bring its warp knit plant project on stream in June 2007, Dogi has revealed....
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