Home / Knowledge / News / Textiles / AMANN sets up a JV with STANDARD GROUP
Sep '10
The German based AMANN GROUP and STANDARD GROUP of Bangladesh signed a joint venture contract to establish AMANN Bangladesh Limited effective from September 15th 2010.

The new joint venture company AMANN Bangladesh Limited will produce and sell high quality sewing threads based on German Quality Standards. The construction work for a new, fully integrated production site in Mawna, Gazipur with a capacity of 3000 tons a year will start in January 2011.

In mid 2012 the new facility will be ready to supply the local market with high quality sewing threads especially for the apparel and the shoe/leather sector. An ambitious and customer oriented sales team will be set up in the course of next months.

With this future-oriented investment in Bangladesh, the AMANN GROUP develops one of the most potential and rising markets for textile industry and further expands its presence in the growth markets of Asia.

Founded in 1854 the AMANN GROUP is one of the most experienced major producers of high quality sewing and embroidery threads world-wide. The international customer portfolio includes companies from men`s and ladies wear, shoe and leather industry, home textiles, automotive industry and high sophisticated technical applications.

The privately owned STANDARD GROUP is one of the leading group companies in Bangladesh involved in multiple businesses including construction, real estate, insurance,
garment manufacturing, trading and others. In the garment manufacturing division, it employs more than 35,000 employees and annually produces over 40 million pieces of garments for major global brands.


Must ReadView All

Textiles | On 26th Apr 2017

Kering's consolidated revenue growth rises 31.2% in Q1

The consolidated revenue growth for luxury group Kering for the first ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Eamonn Tighe
Nature Works LLC

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search