Chic Wings (BD) Lingerie Co Ltd, a joint venture between Singapore and China, is set to invest US $ 18 million in establishing a garment manufacturing factory within the Bepza Economic Zone (Bepza EZ) in Bangladesh, reports claimed.
Manufacturing News
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Today, Shahi has over fifty factories across eight Indian states and 80 per cent vertical integration of the garment-making process.
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In order to build a new spinning machine and boost its production capacity by 4,550 tonnes per year, Envoy Textiles Limited has announced plans for a significant investment of Taka 97 crore, according to sources.
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Apparel Resources spoke with two interesting businesses that operate in 'remote areas' that aren't as well-known as textile clusters.
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Tamil Nadu has nearly 25 lakh powerlooms and two lakh of these looms have moved from weaving cotton to viscose over the years.
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US-based buyers have assured Indian exporters that they will place orders as they are hopeful for strong market sentiments. On the other hand, apparel manufacturers are on the lookout for opportunities to focus more on unexplored markets.
