Muscat: SV Pittie Sohar Textiles launched their textile cluster in Sohar with the inauguration of the cotton yarn production unit number 1 by His Highness Sayyid Taimur Bin Assad Bin Tariq Al Said on December 13, 2018.
Alongside Group Chairman Vinod Pittie and Managing Director Chirag Pittie, other prominent guests who graced the occasion were Sultan Al Habsi, Deputy Governor Central Bank of Oman; Abdul Salam Al Murshidi, Executive President, State General Reserve Fund; Yahya Al Jabri, Chairman Ithraa, Talal Al Rahbi, Deputy Secretary General, Supreme Council for Planning; Mahana Al Lamki, Governor North Batinah; Shaikh Ali Al Shamesi, Wali of Sohar and Shaikh Hammed Al Abri, Wali of Liwa.
This is a momentous occasion as S V Pittie Group surges ahead to put Oman on the world map of the textiles industry.
The event was marked with zeal, fervour and the presence of other senior government officials, banking and investment community and prominent business leaders.
HH Sayyid Taimur also laid the foundation stone of cotton yarn spinning unit number 3. The invited guests were then given a tour of cotton yarn spinning unit No. 2, a 500,000 square feet facility, which will be fully operational by April 2019.
Altogether, there will be four state-of-the-art yarn manufacturing units on this campus, covering an over two million square feet area, housing the latest and most efficient automated technology in the textile industry, while also emphasising an optimal health and safety environment for its employees. With planned completion by November 2019, the units will compose of 300,000 spindles and 7,000 rotors producing over 100,000 metric tonnes of world-class compact cotton yarn.
At the inauguration event, Chirag Pittie said: “This endeavour has been challenging but exciting. I am glad we could start the production in a record time of approximately eight months. This would not have been possible without the support of our lead EPC partner Inexco under whose supervision we had almost 500 workers and over 100 engineers working 24x7 on site during this period. I would also like to thank the government, contractors, and all supplier partners for their efforts in supporting this mission."
"Today, we feel at home in Oman as we have esteemed stakeholders such as the Sultan’s Special Forces Pension Fund backing us. Besides, our bankers Bank Sohar, having complete trust and confidence in this project, have been with us in every way to ensure we continue to move forward, unhindered,” he added.
He further said, “It seems like yesterday that we held this vision of creating a full-fledged textile cluster in this beautiful country. Today is our first step towards realising this dream, while also igniting what very well could be the next large industry sector for the Sultanate of Oman. We have brought in the best-in-class machinery and technology and to work on them, we will be training and employing a large number of Omani youth."
"My special thanks to the National Training Fund and its dynamic CEO Sharifa Tahir Aidid, who understood the employment potential of our vision and has extended their partnership to enable us in realising it, in the minimum possible time," he added.
"Our goal is to build a strong national workforce and bring stability, comfort and pride to thousands of Omani families. We are a company, which was started almost 100 years ago by my great grandfather, who strongly believed that the objective of a business should not be limited to the development and supply of goods but to also strengthen the foundation for the prosperity of the communities we serve. I am proud to stand by these words today and for decades to come,” Chirag Pittie said.
Earlier on November 19, 2018, commemorating Oman’s 48th National Day, SV Pittie Sohar Textiles signed a partnership agreement with the National Training Fund to train 1,000 Omanis for captive employment in the textile cluster. This comprehensive training programme, followed by guaranteed employment, will have a focus on foundational and textile technical skills and be especially suitable for Omani youth and women. The SV Pittie Sohar Textiles Training Centre will be a world-class programme by itself, building on the company’s vast level of operational experience in the textile industry, and will be partnered with other local training institutes to help them gain value with a common goal in mind: empower the next generation of Omanis and their families.
SV Pittie Sohar Textiles is the subsidiary of the ShriVallabh Pittie Group — one of the largest manufacturers of cotton yarn in India and a global leader in this sector.