Top 10 Leading Garment Factories in Bangladesh

 

The largest manufacturing sector and the greatest contribution to Bangladesh's GDP is the readymade garments industry. Bangladesh currently exports ready-made clothing in the second-largest volume in the world, with an annual export value of almost $30 billion. Despite global COVID-related uncertainties, Bangladesh's export earnings reached an all-time high of USD 52.08 billion in FY22. As usual, Readymade Garments (RMG) garnered the lion's share, garnering USD 42.61 billion.

There are over 4000 garment factories in Bangladesh and the number is only growing with time. The top 10 Leading garment factories in Bangladesh include Posh Garments Ltd.

History of the Garment Industry in Bangladesh

Since the late 1970s, the RMG industry started developing in Bangladesh primarily as an export-oriented industry although; the domestic market for RMG has been increasing fast. In terms of employment, earnings from foreign exchange, and GDP contribution, the industry quickly acquired a high level of significance.

The development of the RMG sector most importantly resulted in a group of businesspeople that built a robust private sector.

Top 10 Leading Garment Factories in Bangladesh

Although there are more than 4,000 garment factories in the nation, some of them have greatly boosted our economy. The top 10 garment factory in Bangladesh include –

1. Posh Garments Ltd.

One of the largest apparel manufacturer in Bangladesh is Posh Garments. The manufacturing component of this sector began in 1984. Posh Garments has a large range of garment production and a high production capacity, as well as over 1200 qualified employees and professional staff who work diligently to give the best goods to the clients. A variety of light materials and fabrics, including cotton, polyester, viscose, rayon, Tencel, satin, chiffon, and others, can be worked with by their skilled staff of over 1200 personnel.

2. DBL Group

A family-owned company, DBL Group is active in several different areas. The companies are in the apparel, textile, textile printing, washing, accessories for clothing, and packaging industries. They rank among the biggest manufacturers and exporters of knit clothing in Bangladesh. The United States, Canada, and Europe are their three key markets. In addition, they supply H&M with platinum knit garments.

3. Ha-Meem Group

The Ha-Meem Group is a renowned wholesale garment manufacturer in Bangladesh and abroad. The corporation produces some of the most well-liked denim textiles and apparel items and has one of Bangladesh's most extensive and inventive manufacturing facilities. They have spinning mills, weaving factories, sweater factories, in-house labs, and denim mills among their factories. Ha-Meem now works with some of the most famous fashion houses in the world.

4. Beximco Apparels Limited

As a joint venture between the Beximco Group and Comtrade Limited of Lausanne, Switzerland, Beximco Apparels Limited (BAL), a branch of the Beximco Group, started commercial production in March 1985. Comtrade Apparels Limited's name has been changed to Beximco Apparels Limited as of January 1, 1997. Over 2.5 million high-quality women's blouses and men's dress/casual shirts are produced for well-known brands and retailers in the US, Canada, and Europe in this entirely export-focused clothing business.

5. Square Fashions Limited

One of the top textile companies in the nation is Square Fashions. The industry produces a wide variety of ready-to-wear knit garments, including circular knit fabrics in a range of weights and ready-to-wear knit garments such as polo shirts, t-shirts, tank tops, pants, hooded jackets, and cardigans. It also produces sportswear and undergarments.

6. Epyllion Group

Epyllion Group was founded in 1994 as a house of readymade garments (RMG) that produced and exported knit apparel. Since then, it has expanded to become one of the greatest conglomerates in the world, with major backward links to textiles, wet processing, and apparel accessories. It has a state-of-the-art, vertically integrated garment manufacturing facility that offers customers a one-stop shopping experience. They have made a name for themselves as a significant clothing manufacturer for various well-known American, Australian, and European companies.

7. Opex Group

Having a vertically integrated system for the production of woven, denim, outwear, knit, and sweaters as well as the most cutting-edge machinery from the United States, Europe, and Japan, Opex Group is one of Asia's top garment manufacturing companies. It is a privately held company with annual sales of $500 million and exports of $300 million. They manufacture knitwear, shirts, dress pants, casual pants, cargo shorts, quilted coats, denim clothing, and more. They have a dedicated Jacquard Sweater production line.

8. Asian Apparels Limited

Unquestionably one of Bangladesh's largest garment manufacturers is Asian Apparels Ltd. The company's first facility, Asian Apparels Limited, first opened its doors in 1992 and subsequently expanded its geographic range. It has developed into a significant apparel company and is headquartered in Chittagong, Dhaka, Bangladesh. They offer washing services and sixteenth clothes services to their clients. In this manufacturing sector, 30,000 people work.

9. Viyellatex Apparel Limited

It is a well-known manufacturing company that focuses on exports. Private corporate ownership dominates this sector. In terms of production and fabrication, this industry is a major player. Customers can benefit from in-house printing and printed t-shirt services from them. There are eight clothing sectors in this market. The corporate office for the clothing manufacturing sector opened for business in 2000 and is situated on Airport Road in Dhaka, Bangladesh.

10. Fakir Garments Limited

Since 2010, Fakir Garments Limited, a part of the Fakir Group, has been in operation. It is yet another company producing and exporting clothing in Bangladesh. It is a knit apparel industry with a 3.6 million piece annual production capacity that is solely focused on export. It has already made a name for itself as the most reputable clothing company for top-notch knitwear in a range of designs (Tops & Bottoms). They provide knit clothes, level design, and garment production as part of their services. The clothes factory for this manufacturing enterprise is located in Narayangonj, Dhaka, Bangladesh.

These are the top 10 garment factories in Bangladesh according to most people; however, every factory has an impact on the economy of the country. At the same they are also best kids wear manufacturer in Bangladesh.

Conclusion

The apparel sector employs a large number of people, making them assets. They refrain from working in this sector due to the persistent refusal of garment workers' rightful compensation. Owners of garment factories should ensure that employees receive their wages on schedule and meet all other obligations.

This article is originally published on Onsearcher.