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.
