Handling various objects with different colors is a significant challenge for image colorization techniques. Thus, for complex real-world scenes, the existing image colorization algorithms often fail to maintain color consistency. In this work, we attempt to integrate textual descriptions as an auxiliary condition, along with the grayscale image that is to be colorized, to improve the fidelity of the colorization process. To do so, we have proposed a deep network that takes two inputs (grayscale image and the respective encoded text description) and tries to predict the relevant color components. Also, we have predicted each object in the image and have colorized them with their individual description to incorporate their specific attributes in the colorization process. After that, a fusion model fuses all the image objects (segments) to generate the final colorized image. As the respective textual descriptions contain color information of the objects present in the image, text encoding helps to improve the overall quality of predicted colors. In terms of performance, the proposed method outperforms existing colorization techniques in terms of LPIPS, PSNR and SSIM metrics.