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Tuesday, 15 March 2022 13:33

Bangladesh denim fabric makers expand capacity

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Fabric makers in Bangladesh have launched a massive expansion drive to capture more share of the fast-growing global denim market. As per a Daily Star report currently, 40 denim mills produce 280 lakh metres of denim fabrics in Bangladesh. For instance, Envoy Textile has increased capacity from 3.5 million meters two years ago to 4.42 million meters of denim fabrics a month. Currently, the mill is fully booked with orders from the international retailers and brands, says

Kutubuddin Ahmed, Chairman says the mill ships more than $120 million worth of denim products a year to Europe and the US and is bringing diversification to denim products with new investment to meet the growing demand for the items. Amber Denim has expanded capacity to make the most of the growing demand. Currently, it produces nearly 40 lakh meters of denim fabrics a month. The denim sector is growing at 15 per cent as people are investing in the promising sector, says Showkat Aziz Russell, Chairman.

Mostafiz Uddin, Managing Director, Denim Expert, believes, denim will be future of business for Bangladesh. The global denim market size will increase every year boosting the growth of Bangladesh's market, adds Mostafiz.