Envoy Textiles Limited, a prominent denim manufacturer from Bangladesh and the first company in the world to achieve LEED certification for denim production is set to open a business office in the United States.
Manufacturing News
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Bhairab upazila in Kishoreganj district is witnessing a robust growth trajectory in its footwear industry, underscoring the resilience of local artisans despite facing significant hurdles, reports claimed.
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Manufacturing
Interim Government to prioritise 10 economic zones with focus on key sectors, including RMG
In a major change in policy, the interim Government of Bangladesh, headed by Professor Muhammad Yunus, has apparently stated that it will concentrate on developing 10 economic zones instead of the ambitious 100 that the previous Awami League (AL) Government had planned.
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Keya Group has reportedly announced the permanent closure of four of its textile factories in the Jarun area of Konabari, Gazipur, effective 1st May 2024, due to severe financial difficulties.
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The Bangladesh Export Processing Zones Authority (BEPZA) has entered into an agreement with EPL (Export Link) Accessories Limited to set up a new accessories manufacturing factory within the BEPZA Economic Zone, reports claimed.
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As Bangladesh's readymade garment (RMG) sector prepares for its graduation from least developed country (LDC) status in 2026, industry leaders anticipate compliance and sustainability demands from international buyers to become the primary challenges in 2025, reports claimed.
