Far East Knitting and Dyeing Industries is a leading composite textile company in Bangladesh, with integrated, knitting, high end dyeing, finishing (tubular and open width), and state of the art printing, pigment dyeing and garment washing. The company supplies finished goods to renowned apparel brands Walmart, Primark, New Look and Bershka. Its major products are knitwear such as T-shirts, tank tops and vests and jackets.

The production capacity of finished garments is approximately 1.5 million pieces per month in basic T-shirts. Far East Knitting has floated 25 million ordinary shares. Of the total shares, sponsors or directors owned most of the shares, 78.45 per cent, the public held 19.39 per cent while institutions owned only 2.15 per cent shares. The company is now planning to expand and increase production capacity of finished garments by approximately one million pieces per month in basic T-shirts.

Far East expects its exports will double after completion of the new project. The project is expected to be completed by March 2016. The company has 1,400 sewing machines. The machinery include a variety of automatic and manual machines (plane, overlock, flat-bed, cylinder bed, two needle etc.) The daily sewing capacity on an average is 50,000 to 60,000 pieces a day for basic items and about 45,000 pieces a day for more sophisticated garments.

www.fareastknit.com/