Related Keywords: at least six new denim mills, Bangladesh, Bangladesh annual demand, become operation in next two years, Denim Expo, denim fabrics, India and Pakistan, investment of $100 million, local suppliers meet only 40 percent, planning to set up, rest met through imports from China
Bangladesh with an investment of $100 million is planning to set up at least six new denim mills which will become operation in the next two years as presently local suppliers can meet only 40 percent of Bangladesh's annual demand for denim fabrics and the rest is met through imports from China, India and Pakistan.
Currently, Bangladesh has 30 denim mills with a capacity to produce 435 million yards of fabrics a year, said Mostafiz Uddin, organizer of Bangladesh Denim Expo, who is also the managing director of Denim Expert Ltd.
