Home / Knowledge / News / Textiles / Muscat Thread to set up production unit in Bangladesh
Muscat Thread to set up production unit in Bangladesh
03
Aug '12
Muscat Thread Mills Company is planning to set up a production unit in Bangladesh as a part of its production expansion plan, according to a statement submitted by to the Muscat Securities Market (MSM).
 
The decision was taken by the company’s Board of Directors who considered the prospects of expanding in the South Asian country of Bangladesh by setting up a unit there. 
 
The company said Bangladesh is one of the world’s fastest growing markets in the garment sector, and after due deliberation, the Board of Directors have decided to pursue with the plan of setting up a production facility in Bangladesh.
 
The new unit proposed to be set up in Bangladesh would be of the same size as the firm’s Muscat- based facility. The company Board has also appointed an independent consultant to carry out a feasibility study on the said expansion.
 
The company based in Rusayl, a village in Muscat in north-eastern Oman, engages in production and marketing of sewing thread.
 

Fibre2fashion News Desk - India


Must ReadView All

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Teejay Lanka

Textiles | On 25th May 2018

Teejay Lanka doubles production capacity at Indian mill

Teejay Lanka, one of Sri Lanka’s largest textile manufacturers, has...

Courtesy: Messe Frankfurt/Yarn Expo Autumn edition

Textiles | On 25th May 2018

Yarn Expo Autumn 2018 scheduled earlier

Over 500 exhibitors are expected at the Yarn Expo Autumn 2018, being...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search