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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.

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