EPIC Group proudly announces its significant investment in Odisha, India, marking a pivotal moment in their global expansion strategy. The Group is poised to set up the largest manufacturing facility within their esteemed group, with a substantial investment of USD 100 million.
Epic has embarked on its newest, largest and most state-of-the-art manufacturing facility located in Bhubaneswar, Odisha, India, spanning over 1.3 million square feet in two phases representing a total investment of USD 100 million. The first phase, scheduled for commissioning in Q1 2025 with anticipated completion by end of 2025, will create 5,000 jobs with an annual production capacity of 12 million pieces and annual revenue projection of $200 million US dollars while the second phase to be completed between 2026-2027 will involve a further investment of $50 million US dollars bringing the total jobs created to 10,000 and increasing the total annual production capacity to 24 million pieces upon its completion.
Mr. Ranjan Mahtani, Executive Chairman and Mr. Aryan Mahtani of EPIC Group recently met Mr. Piyush Goyal, Minister of Commerce and Industry of India, to discuss on the new project. “We are pleased to have garnered Mr. Goyal’s support for our “Made in India” project, which is poised to generate thousands of jobs and bolster manufacturing in Odisha. This strategic collaboration reaffirms our collective commitment to driving economic prosperity and fostering innovation in the region”, says the company.
EPIC Group’s journey in the apparel industry spans decades, evolving from a prominent textiles trading house to a global manufacturing powerhouse. With a presence across continents, the company has earned a reputation for excellence in innovation, technological prowess, and design ingenuity. EPIC’s dedicated workforce of over 30,000 individuals remains committed to delivering exceptional quality and customer satisfaction.
EPIC Group’s expansion into Odisha marks a significant milestone in its global journey. The investment in India signifies not only its commitment to business growth but also its dedication to social responsibility and sustainability. As EPIC embarks on this transformative journey in Odisha, India, and beyond, the company remains steadfast in its pursuit of operational excellence and mission to redefine standards in the global apparel industry.
