One of Bangladesh’s largest groups in the textile and apparel sector, Badsha Group of Industries, plans to increase its export earnings to $700 a year by setting up a state-of-art readymade garment unit at Madhabpur in Habiganj.
Badsha Mia, Founder, says, the unit would start production in 2024 and create employment for at least 15,000 people.
The Badusha Group is also setting up the denim garment unit with a cost Tk 800 crore and a spinning mill to ensure available supply of fabrics to the garment manufacturing unit.
Starting its operations in 1976, the Badusha Group set up a denim fabrics manufacturing unit namely Pioneer Denim on 150 acre in 2017.
Bangladesh is the highest exporter of denims to the global market with exports to the EU totaling $783 million during January-August, as per data from Eurostat.
Data from the US Department of Commerce’s Office of Textile and Apparel shows, Bangladesh’s denim exports to the US reached $434 million in the first eight months of 2023.