Millions of people worldwide wear clothes with the “Made in Bangladesh” tag, which brings great honor to Bangladesh
Industry Report: At this moment, Bangladesh is one of the quickest growing nations in the garments sector on this planet. With a GDP of US$324.2 billion (2020), the nation is currently the third biggest economy in Southeast Asia. Millions of people worldwide wear clothes with the “Made in Bangladesh” tag, which brings great honor to Bangladesh.
Till the end of the last century, Jute was the primary source of export revenue. But since the beginning of the 2oth century, the readymade garments over took jute and became the primary wellspring of the country’s GDP. In the 2020/21 fiscal year, Bangladesh was positioned as the second-largest producer of readymade garments and earned $31.5 billion by exporting.
Bangladesh has undergone a critical upgrade after the Rana Plaza tragedy. Since then, the country’s leading garments have become more proactive in establishing convenient workplaces for the workers. There are more than 50 eco-friendly apparel manufacturing facilities in the country. This country is home to some of the world’s most popular garment manufacturer who does business with established brands like Gap, H&M, Adidas, Puma, Nike, JCPenney, etc.
Top 10 Readymade Garments Manufacturers
There are over four thousand garment factories, and many of them have significant participation in the overall economy. Here are the ten best garments manufacturers in Bangladesh.
Ha-meem Group is a Bangladeshi apparel manufacturing company and a leading supplier of readymade garments and denim fabric globally. Currently, they have 26 garment factories, 300 production lines, and seven washing plants across the country. This prominent company has one of the most resourceful production facilities in Bangladesh, and they produce some of the trendy, fashionable denim and garments products in the world.
Over the years, the Ha-meem group has worked with the biggest names in the fashion industry like – ZARA, GAP, H&M, JCPenney, etc. This company has been in the textile business since 1984, and currently, they have around 50,000 workers. The major products of this garment company are Denim Jeans, Men’s Shirts, Dress Pants, Jackets Facility, and others.
Beximco Apparels Limited
Beximco Apparels Ltd. started its commercial production in March 1985 under the name of Comtrade Apparels Ltd., a Swiss company. Later in 1997, the Beximco group took complete control of this company and renamed it Beximco Apparels Ltd (BAL). BAL is a 100% export-oriented garments manufacturing company that produces woven fabric garments like men’s dresses, casual shirts, and ladies blouses (tops and bottoms).
Beximco Apparels Limited is run by a group of specialists seeking to produce high-quality clothing using a full-proof quality control system from fabric sourcing to the final product. Currently, this garment employs 870+ employees and a production capacity of 8000 pcs per day, and it primarily exports its garment products to the USA, Canada, and European countries.
Square Fashions Ltd.
Square Fashions Ltd is also a pretty big name in producing a wide range of readymade knit apparel like Polo Shirts, T-Shirts, Tank tops, Trousers, Hooded jackets & Cardigan, Undergarments, and Kid’s Wear. They produce garment items from circular knit fabrics. The company was established in 1997, and now they have two garment units and two fabric units. This company believes in sustainable goals and preserving the biological establishment of nature.
That’s why they are promised to maintain an environment-friendly workplace for their more than 13000 workers. It’s notable to mention that this company was awarded “Best Workers’ Friendly Knitwear Industry” in Bangladesh. SFL is a sister concern of the Square group, and its garment units can produce more than 100000 pcs per day, and fabric units have a production rate of 39.5 tons of fabric per day. Some of their clients are – PUMA, G-Star, TOMMY HILFIGER, Timberland, etc.
Established in 1991, DBL Group was a family business with the name of Dulal Brothers Limited. Over the years, this company evolved and became one of Bangladesh’s most pertinent textile and clothing companies. They are also recognized in the country as a knitwear firm. There are currently 35,000 people working for this company. They sell various garment products to influential clothing brands around the world like H&M, Walmart-George, Puma, Esprit, etc.
They are well-known for having high-quality production facilities to make clothes. This garment company can produce 13 million pcs per month with a ratio of 40% for women, 40% for kids, and 20% for men.
Established in 1994, Epyllion Group is one of Bangladesh’s largest garment companies as a manufacturer and exporter of Knit apparel, which has a solid backward linkage to knit garments, textiles, wet processing, and clothing-accessory products. With a state-of-the-art, vertically integrated garment production facility, customers can expect seamless service from this company. Several well-known clothing brands from Europe, United States, and Australia have entrusted this company with their garment manufacturing needs.
Currently, they have more than 20,000 employees, and this company has a production capacity of 50000 kg/day for knitting, 45000 kg/day for dyeing, and more. With 84% of total production, their biggest export region is Europe.
Standard Group holds the prestige of being one of the longest-running and respected garment manufacturers in Bangladesh. The garment company has its in-house piece of clothing washing, printing, weaving, attire configuration, article of clothing testing, and different embellishments creation offices. Established in 1984, the Standard Group today has 19 factories across the country and generates around $418 million annually.
This organization has developed significantly in both size and client base throughout the years. Currently, more than 40,000 employees are working in this company and they can produce 150,000 pieces per day. With the most thorough and specialized assembling framework and second biggest After effects(washing) plan, this company is well known around the world for Shirt and Sweater.
Asian Apparels Limited
Asian Apparels limited is one of the leading garment manufacturers in Bangladesh. They started their journey in 1992, and since then, they have been continuously expanding their territories. In 2002 they acquired a production facility for Priyam garments, and in 2004 they set up a production facility in Chittagong. They have a dynamic group of experts who compromise on the quality of their products and promise timely shipment.
Currently, they have 30,000 employees working in 16 production facilities and 3 washing units. Thai garment has some big clients like H&M, Walmart, Carter’s, JCPenney, etc., and it has a yearly average revenue of around $280 million.
Akij Textile Mills Ltd
One of Bangladesh’s leading manufacturers of yarn-dyed and solid-dyed fabrics is Akij Textile Mills Ltd, a part of the Akij Group, which is one of Bangladesh’s largest businesses. ATML is promised to keep up with global trends and needs in fabrics and technology. This garment manufacturer has been in the business since 1998 and has high-quality manufacturing facilities to meet the high standards of different consumers.
The company uses the most up-to-date technologies and equipment in all of its processes to make products that meet customers’ needs. ATML has a daily production capacity of over 44 tons and more than 1,600 skilled and trained people are working here.
Ananta Group began its journey in Bangladesh in 1992. This group of companies has a vast amount of experience and aid in Bangladesh’s garments industry. Ananta Group is known as one of the biggest and most export-focused companies that make clothes and leather goods. More than 16000 people are working in different units of this company. Ananta has six companies and more than 4,200 modern machines that can make more than 1.8 million pieces of clothing every month.
These clothes are then shipped to other countries like the USA, UK, Germany, etc. The main business of Ananta Group Bangladesh is ready-made woven clothing and leather goods. The Group belongs to BGMEA. Gap Inc., H&M, George, Tema, Next, New Look, C&A, JM&A, Miles, and Morrison are some of its biggest clients. Ananta group has an associate company in the USA named Bimpex Limited Inc.
Established in 1982, Pakiza Group is doing well both in Bangladesh and abroad, thanks to its two-sided division of textiles (Spinning, Weaving, Dyeing, and Printing). You’ll find everything from the printed fabrics, Lungees, and Bedsheets, to the most luxurious printed fabrics in their product lineup. This garment company’s growth rate is so high, which has made the Pakiza logo known to millions of people at home and abroad, and it is a big tribute to our use of the latest technology.
This garment is prone to follow the strict guideline of global textile production and environmental laws set by international regulations. They have an experienced workforce of more than 10,000 workers.
The apparel manufacturing company has become crucial for Bangladesh. This sector is accountable for 20% of Bangladesh’s GDP. Currently, it’s the most significant source of foreign exchange for this country. Also, the textile industry employs 4.4 million people, which is 11% of the country’s population. As the country’s economy greatly depends on this sector, it’s important to ensure the safety of the workers. As a developing country, Bangladesh has a long way to go, and maybe in the near future, this nation will be the biggest bull in the world’s RMG industry.
Relying on revenue to meet budget deficit Savings certificates, bonds and loans taken from…