Tag: joint venture

MCPI and IOCL join hands for ₹5,000-Crore Polyester Manufacturing Project in Odisha

Landmark partnership paves the way for a 900 TPD integrated polyester facility at Bhadrak, strengthening India’s domestic polyester ecosystem and advancing IOCL’s diversification into textiles MCPI Private Limited and Indian Oil Corporation Limited (IOCL) have signed a Joint Venture (JV) Agreement to establish a ₹5,000-crore polyester yarn manufacturing facility at Bhadrak in Odisha, marking a […]

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 chaincapabilities 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 […]