Bangladesh textile industry expands production scale and reduces costs

The world economic recession has prompted manufacturers to reduce costs by expanding production scale. Noman Group, the third largest textile company in Bangladesh, is the largest bed sheet exporter in Bangladesh and the third largest textile exporter in Bangladesh. It plans to invest an additional 10 billion taka in 2009 in the fields of spinning, printing and dyeing, woven, knitted clothing and other fields. , striving to become Bangladesh’s largest textile exporter by 2010. German Multiline plans to invest US$200 million to build the world’s largest textile and garment factory in Bangladesh. The factory occupies an area of ​​300 bigos (1 bigo equals approximately 2 acres), has 14 workshops, and employs 10,000 workers. It was put into operation in 2010. The factory integrates spinning, weaving, dyeing, washing and sewing. Compared with China, Indonesia, Vietnam and other places, Bangladesh has lower investment costs and is becoming a garment manufacturing center in Asia.