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Global demand lures Bangladeshi home textile manufacturers to make invest

Related Keywords: as bed sheets, Bangladeshi home textile entrepreneurs, bedcovers, curtains, EU GSP facility to Pakistan, expansion of existing capacity, gloves, growing global demand, invest in new factories, kitchen aprons, local home textile products, make more investment, napkins and tablecloths, pillow and cushion covers, political turmoil, quilts, rugs

Bangladeshi home textile entrepreneurs despite challenges like European Union’s GSP facility to Pakistan and current political turmoil are lured to make more investment in the sector due to the growing global demand for local home textile products. A good number of home textile manufacturers such as Unilliance Textile, Mom Tex, Fariha Group, Pakiza Group and Sad Musa have already invested millions of taka in new factories and expansion of their existing capacity.

Bangladesh local entrepreneurs focus on investing heavily in denim production

Related Keywords: chairman of Envoy Group, denim fabric, growing global demand, investing heavily in denim, Kutubuddin Ahmed, Local entrepreneurs

Demand for denim fabric is high worldwide, as denim garments are comfortable and fashionable. To meet the growing global demand, local entrepreneurs of Bangladesh have started investing heavily in denim, as at least six new factories will come into operation this year.

Five to six other groups have already installed machinery to produce the fabric.

Kutubuddin Ahmed, chairman of Envoy Group stated that they will start producing an additional one million yards of denim fabric a month in the next three months. At present, it produces three million yards a month.

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