Top 10 Garments Factories in Bangladesh

 

The readymade garments industry is Bangladesh's largest manufacturing sector and contributes the most to its GDP. Bangladesh presently exports the second-largest amount of ready-made garments in the world, with an annual export value of almost $30 billion. Despite global COVID-related uncertainty, Bangladesh's export revenues in FY22 reached an all-time high of USD 52.08 billion. Readymade Garments (RMG) took the lion's share, earning USD 42.61 billion.

Bangladesh has around 4000 garment factories, and the number is expanding all the time. Posh Garments Ltd is one of the top ten garment factories in Bangladesh.

History of the Garment Industry in Bangladesh

Since the late 1970s, Bangladesh's RMG business has grown predominantly as an export-oriented industry, however the local demand for RMG has grown rapidly. The industry swiftly gained prominence in terms of employment, foreign exchange revenues, and GDP contribution.

The rise of the RMG sector resulted in a group of businesspeople that developed a strong private sector.

Top 10 Garment Factories in Bangladesh

Despite the fact that the country has over 4,000 garment factories, some of them have significantly improved our economy. The top garment factory in Bangladesh is as follows:

1. Posh Garments Ltd.

Posh Garments is one of Bangladesh's major garment manufacturers. This sector's manufacturing component began in 1984. Posh Garments has a wide range of garment production and a huge production capacity, as well as over 1200 qualified employees and professional staff who work hard to provide the best items to customers. Their expert workforce of over 1200 people can work with a variety of light materials and fabrics, including cotton, polyester, viscose, rayon, Tencel, satin, chiffon, and others.

2. Beximco Apparels Limited

Beximco Apparels Limited (BAL), a division of the Beximco Group, began commercial production in March 1985 as a joint venture between the Beximco Group and Comtrade Limited of Lausanne, Switzerland. Comtrade Apparels Limited was renamed Beximco Apparels Limited on January 1, 1997. In this fully export-focused apparel firm, over 2.5 million high-quality women's blouses and men's dress/casual shirts are made for well-known brands and retailers in the United States, Canada, and Europe.

3. Square Fashions Limited

Square Fashions is a prominent textile company in the country. The industry manufactures a wide range of ready-to-wear knit garments, such as circular knit fabrics in various weights and ready-to-wear knit garments such as polo shirts, t-shirts, tank tops, slacks, hooded coats, and cardigans. It also makes sportswear and underwear.

4. Ha-Meem Group

The Ha-Meem Group is a well-known wholesale garment producer both in Bangladesh and internationally. The company manufactures some of the most popular denim textiles and apparel goods and has one of Bangladesh's largest and most innovative manufacturing facilities. Among their factories are spinning mills, weaving mills, sweater mills, in-house labs, and denim mills. Ha-Meem now collaborates with some of the world's most prestigious fashion houses.

5. DBL Group

DBL Group is a family-owned business that operates in a variety of industries. The businesses are in the apparel, textile, textile printing, washing, clothing accessories, and packaging industries. They are one of Bangladesh's largest knit apparel makers and exporters. Their three primary markets are the United States, Canada, and Europe. They also supply platinum knit clothing to H&M.

6. Epyllion Group

Epyllion Group was established in 1994 as a readymade garments (RMG) firm that produced and marketed knit clothes. Since then, it has grown to become one of the world's largest companies, with significant ties to textiles, wet processing, and garment accessories. It has a cutting-edge, vertically integrated clothing production plant, providing customers with a one-stop shopping experience. They've created a name for themselves as a major apparel maker for a number of well-known American, Australian, and European brands.

7. Fakir Garments Limited

Fakir Garments Limited, a subsidiary of the Fakir Group, has been in existence since 2010. It is another Bangladeshi apparel manufacturer and exporter. It is a knit apparel sector with an annual manufacturing capacity of 3.6 million pieces that is primarily focused on export. It has already established itself as the most reputable apparel brand for high-quality knitwear in a variety of styles. (Tops & Bottoms). As part of their services, they offer knit clothing, level design, and garment manufacture. This manufacturing company's clothing facility situated in Narayangonj, Dhaka, Bangladesh.

8. Viyellatex Apparel Limited

It is a well-known manufacturing firm that specializes in exporting. This industry is dominated by private corporate ownership. This industry is a prominent participant in terms of manufacturing and fabrication. Customers can take use of their in-house printing and printed t-shirt services. This market has eight clothing sectors. The apparel manufacturing sector's corporate office, located on Airport Road in Dhaka, Bangladesh, started for operation in 2000.

9. Asian Apparels Limited

Asian Apparels Ltd. is without a doubt one of Bangladesh's leading clothing producers. Asian Apparels Limited, the company's first plant, opened its doors in 1992 and afterwards expanded geographically. It has grown into a major garment brand with headquarters in Chittagong, Dhaka, Bangladesh. They provide their customers with laundry and sixteenth clothing services. This manufacturing industry employs 30,000 workers.

10. Opex Group

Opex Group is one of Asia's leading garment manufacturing enterprises, with a vertically integrated system for the production of woven, denim, outwear, knit, and sweaters, as well as cutting-edge machinery from the United States, Europe, and Japan. It is a privately held firm with $500 million in annual sales and $300 million in exports. They make knitwear, shirts, dress pants, casual pants, cargo shorts, quilted coats, and denim clothes, among other things. They have a separate production line for Jacquard Sweaters.

Conclusion

The garment industry employs a significant number of people, which makes them valuable assets. They refuse to work in this industry since the garment workers' legitimate compensation is consistently denied. Garment factory owners must ensure that employees receive their wages on time and that all other duties are met. Posh Garments is one of the most biggest apparel company in Bangladesh.

This article is originally published on Arrowalley.