Sewtech Fashion of India recently signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) to invest $9.26 million to make a readymade garments (RMG) manufacturing factory in Chattogram Export Processing Zone.
A BEPZA press release recently said, in this regard, Mohammad Faruque Alam, Member (Engineering) of BEPZA, and Balagi Pavadai, Director of Sewtech Fashion, signed the agreement at the BEPZA complex in Dhaka.
Sewtech Fashion, a sister concern of one of India’s major apparel manufacturer Shahi Exports Pvt, will yearly produce 3.36 million pieces of woven tops for ladies, kids and men. Creating an employment opportunity for 3,393 Bangladeshi nationals.
