Home Posts tagged Bangladesh Textile Industry
Corporates

REVIVAL Group To Reopen BEXIMCO Textile Division

In a breakthrough initiative for Bangladesh’s industrial recovery, Japanese-Bangladeshi ethical fashion venture REVIVAL Group Co. Ltd., and REVIVAL Projects Ltd., have announced plans to lease and restart the long-shuttered BEXIMCO Textile Division. The move represents one of the most significant employment restoration efforts in recent years, with the reopening expected
Corporates

Ananta Group Invests US$ 70M In Bangladesh Knit Fabric Facility

Ananta Group is poised to invest US$ 70 million in a new synthetic knit fabric manufacturing facility, supported by US$ 40 million from the Asian Development Bank (ADB) and syndicated arrangements. Despite challenges like dollar shortages for raw material imports and intermittent gas and electricity supply, the group aims to establish Ananta Knitwear Limited in […]