Related Keywords: 000 spindles, Alif Industries, as part of efforts, capacity of running 50, company will raise capital, expand its business in the garment sector, knit-based factory, main focus is to develop backward linkage industry, plans to invest Tk 400 crore, produce yarn, readymade garment sector, reduce import dependency, set up a spinning mill
Alif Industries a knit-based factory to produce yarn as part of efforts to reduce import dependency plans to invest Tk 400 crore to expand its business in the garment sector. The main focus is to develop backward linkage industry in the readymade garment sector.
The company will raise the capital to set up a spinning mill with the capacity of running 50,000 spindles and another green plant consisting of 25 production lines to manufacture woven denim.
