YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Bangladesh imports new textile machineries to expand capacity

Related Keywords: apparel export, Bangladesh textile imports, garment exports, Hamid Fabrics, imports of textile machinery, textile production capacity

Bangladesh’s imports of capital machinery by the primary textile sector increased about 54 percent year-on-year in fiscal 2014-15 on the back of higher demand for raw materials from garment exporters.

According to data from Bangladesh Textile Mills Association, $445.7 million worth of capital machinery was imported by the sector in the last fiscal year. A BTMA certification is required for importing machinery for the textile sector.

Hamid Fabrics to invest Tk70 cr to set up yarn dyeing unit

Related Keywords: American clothing brands, Bangladesh textile industry, expansion project, growing demand, Hamid Fabrics, Mahin Group, manufacture and export textile fabric, production capacity, set up, yarn dyeing unit

Hamid Fabrics, a concern of Mahin Group, one of the most reliable players in Bangladesh textile industry, its core activity is to manufacture and export textile fabrics. To meet the growing demand the company plans to set up a yarn dyeing unit with a capacity of producing 15 tonnes of dye a day. The expansion project will involve investment to the tune of Tk70 crore.

The company will buy 50 Air Jet loom machine to set up the unit that will start production in the third quarter of 2015.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button