Home / Knowledge / News / Textiles / Arvind is setting up Denim Plant in Bangladesh
Arvind is setting up Denim Plant in Bangladesh
Sep '10
Arvind, One of the largest integrated textile, apparel and branded apparel player is expanding its Denim Manufacturing capacity to 140 million meters by setting-up 30 million meters of Denim manufacturing plant in Bangladesh.

For this purpose, Arvind is entering in joint venture with Nitol Group of Bangladesh. Arvind shall be setting-up 30 million meters of Denim manufacturing capacity over a period of 3 years with total investment of $ 60 million. The Phase 1 of 10 million meters shall be set up over next: 12 months with an investment of about US $25 million.

Bangladesh, with over 10 billion of exports of garments is among fastest growing garment exporters in the world. It is expected that with lower cost of wages and high productivity the country is expected to continue its growth momentum. Demand for Denim fabrics in Bangladesh is growing more than 25% and is currently at 280 million meters. Out of this, approximately 180 Million meters are being manufactured locally and about 100 million meters are imported.

Commenting on the development, Mr. Jayesh Shah, Director & CFO of Arvind said, "We look at Bangladesh as strategic location In view of unique advantages it offers. Bangladesh being we country, garments exported from Bangladesh do not attract any import duty if the fabric is manufactured in Bangladesh. The wage cost in Bangladesh is amongst the lowest in the world. We shall be manufacturing high quality Denim fabric to cater to requirement of European countries. Since we are already exporting 36 Million meters of Denim to Bangladesh annually, we have ready market available and hence the proposed plant shall be profitable from day one."

Arvind's JV partner Nitol Group has group turnover of US $100 million. Nitol Group has a joint venture with TATA Group and VIP Industries for Bangladesh. Nitol Group will have 20% stake In the JV Company.

The Arvind Mills was set up with the pioneering effort of the Lalbhai brothers in 1931. With the best of technology and business acumen, Arvind has become a true Indian multinational, having chosen to invest strategically, where demand has been high and quality required has been superlative. Today, The Arvind Mills Limited is the flagship company of Rs.20 billion (US$ 500 million) Lalbhai Group.

Arvind Ltd

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Unipar Carbocloro plant in the city of Cubatão, São Paulo state. Courtesy: Wikipedia

Textiles | On 10th Dec 2016

Brazil’s CADE clears Solvay’s 70.59% stake sale in Indupa

Brazil’s administrative council for economic defence (CADE) has...

Interviews View All

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search