India’s ShriVallabh Pittie (SVP) Group has started construction of a $300 million cotton yarn manufacturing plant at Oman’s Sohar Free Zone, marking a significant investment in the country’s textile manufacturing sector.
The project is being developed by SV Pittie Sohar Textiles (FZC) LLC, which recently signed a land lease agreement with Sohar Port and Free Zone. The investment will be implemented in two phases, with the first phase valued at $150 million.
Sohar Free Zone Project to Add 150,000 Spindles
The first phase will feature 150,000 spindles and 3,500 rotors, creating a modern, automated yarn production facility. UAE-based INEXCO Group has been appointed as the engineering, procurement, and construction (EPC) contractor, while Bank Sohar is serving as the project’s financial partner.
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The facility will also include a dedicated training centre to support workforce development and is expected to generate between 750 and 1,000 jobs.
Once fully operational, the investment is expected to strengthen Oman’s textile manufacturing capabilities, expand regional cotton yarn production capacity, and reinforce Sohar Free Zone’s position as an industrial hub for international textile investments.
