Bangladesh’s DBL Group initiated the operations of its new spinning mill, Jinnat Textile Mills Ltd, boasting a daily yarn production capacity of 42 tonnes.
The mill exclusively processes cotton and manmade fibres (MMF) to cater to the requirements of DBL Group’s garment factories.
Situated on a 15-acre plot within the 170-acre DBL Industrial Park, also known as Shreehatta Economic Zone in Moulvibazar, the state-of-the-art facility represents a US $ 80 million investment by the textile and garment exporter.
MA Rahim Feroz, Vice-Chairman of DBL Group, emphasised that the entire yarn output will be utilized in the production of fabrics and ultimately in the manufacturing of garment items for export.
Despite already owning three spinning mills, the group presently sources 42 tonnes of yarn daily from external mills for garment production.
The strategic investment aims to enhance the group’s capacity to export quality garments promptly, potentially increasing its annual export earnings by 5 percent.