Five more denim factories likely to come up in Bangladesh

denim factories

Bangladesh has emerged as a strong player in the denim market worldwide. As the demand for denim products is rising globally, local entrepreneurs have also started investing more in this sector. In the last five years five denim factories came into operation in Bangladesh of which four have already gone into production – Square, Nice, Thermax and Badsha. Bangladesh, now in total has thirty denim factories.

Mostafiz Uddin, managing director of Chittagong-based Denim Expert and organiser of Bangladesh Denim Expo that takes place in Dhaka twice a year said that another five companies plan to set up denim factories as the demand is on the rise, especially in the West, the major market of denim.

Earlier, Bangladeshi manufacturers used to produce mainly basic denim products such as trousers, but now they also make shirts, bed sheets, pillow covers, home textiles, aprons and tablecloths.

Production capacity of the denim mills in Bangladesh is more than 40 million yards a month against the demand for nearly 70 million yards. The rest of the demand is met through imports from countries like China, India, Pakistan and Turkey. Read More Bbarta24.net