Bangladesh is currently one of the world’s fastest-growing garment-producing countries. With a GDP of 324.2 billion USD (2020), the country is currently Southeast Asia’s third-largest economy. Millions of people throughout the world wear clothing labeled “Made in Bangladesh,” bringing immense prestige to the country.
Jute was the principal source of export money till the end of the nineteenth century. However, since the early twentieth century, readymade clothing has surpassed jute as the principal source of the country’s GDP. Bangladesh was the second-largest manufacturer of readymade clothes in the fiscal year 2020/21.
Following the Rana Plaza catastrophe, Bangladesh has experienced a significant transformation. Since then, the country’s biggest clothing manufacturers have become more proactive in creating worker-friendly environments. The country has more than 50 eco-friendly apparel manufacturing plants. This country is home to some of the world’s most well-known garments companies in manufacturers.
Top 10 Garments Companies in Bangladesh
1. Posh Garments Ltd.
Posh Garments is a significant and top garment factory in Bangladesh. Manufacturing in this sector began in 1984. Posh Garments has a large production capacity and a wide range of garment production, as well as over 1200 qualified personnel and professional staff who work hard to deliver the best things to clients. Their skilled crew of over 1200 employees is capable of working with a wide range of light materials and fabrics, including cotton, polyester, viscose, rayon, Tencel, satin, chiffon, and others.
2. Ha-Meem Group
The Ha-Meem Group is the country’s largest industry. They are keeping the 26 garment factories in Bangladesh operational. This garment manufacturing industry is owned by a private corporation. They are also in charge of another company. Every year, they earn a substantial sum of money. This company has 50,000 employees at the moment.
This garment industry’s main goods include Hi-Fashion Denim Jeans, Men’s Shirts, Dress Pants, Jackets Facility, and others. They are reaping numerous benefits from their manufacturing operations. The garment manufacturing industry’s headquarters are in Tejgaon, Dhaka, Bangladesh.
3. Beximco (Textiles & Apparels Division)
Beximco is also a well-known renowned clothing manufacturer in Bangladesh. They are developing their garment industries as a fashion industry. This garment manufacturing company was founded in 1997 in Dhanmondi, Dhaka, Bangladesh, with its plant in Savar, Dhaka, Bangladesh. This company’s ownership structure is a Joint Venture Company. They manufacture women’ fashion items and other items.
4. Square Fashions Limited
Square Fashions Limited is another another well-known prominent manufacturing company in Bangladesh. They are part of the Square Group of Companies, which manufactures a variety of textile items and various types of apparel.
They offer their services not only in Bangladesh, but all across the world. This manufacturing company’s aim and vision are to meet client demand. This garment company’s headquarters are in Uttara, Dhaka, Bangladesh.
5. Epyllion Group
Epyllion Group, founded in 1994, is one of Bangladesh’s major garment firms, manufacturing and exporting knit apparel with a strong backward link to knit garments, textiles, wet processing, and clothing-accessory items. Customers may expect flawless service from this organization, which has a cutting-edge, vertically integrated garment production plant. Several well-known clothing labels from Europe, the United States, and Australia have placed their garment manufacturing needs with this company.
They currently employ over 20,000 people and have a production capability of 50000 kg/day for knitting, 45000 kg/day for dyeing, and more. Europe is their largest export market, accounting for 84% of total production.
6. Standard Group
Standard Group has the distinction of being one of Bangladesh’s oldest and most reputable clothing makers. The garment company has its own garment washing, printing, weaving, apparel configuration, article of clothing testing, and decoration development offices. The Standard Group, which was founded in 1984, now has 19 plants around the country and earns approximately $418 million each year.
This organization has grown tremendously in size and client base over the years. This enterprise currently employs over 40,000 people and has the capacity to make 150,000 pieces each day. This company is well recognized around the world for Shirts and Sweaters because it has the most extensive and specialized assembling framework and the second largest After effects (washing) plan.
7. Asian Apparels Limited
Asian Apparels Limited is one of Bangladesh’s largest clothing producers. They began their voyage in 1992 and have been steadily expanding their areas since then. In 2002, they bought a Priyam garment production facility, and in 2004, they established a Chittagong production facility. They have a dynamic team of specialists who never compromise on product quality and always deliver on time.
They currently employ 30,000 people across 16 industrial facilities and three washing units. Thai garment has major clients such as H&M, Walmart, Carter’s, JCPenney, and others, and its annual revenue is roughly $280 million.
8. DBL Group
DBL Group is Bangladesh’s premier multi-dimensional garment and textile production enterprise. In the country, they are also renowned as a knitwear manufacturer. There are now 35,000 employees accessible in this organization.
They sell their manufactured goods on the international market. The company headquarters are in Kawran Bazar, Dhaka, Bangladesh. They are well-known for their superior clothes manufacturing capabilities.
9. Akij Textile Mills Ltd
Akij Textile Mills Ltd, a subsidiary of the Akij Group and one of Bangladesh’s largest firms, is one of the country’s top makers of yarn-dyed and solid-dyed fabrics. ATML promises to stay up with worldwide fabric and technology trends and needs. This clothing manufacturer has been in business since 1998 and has high-quality manufacturing facilities to fulfill the high demands of various customers.
To create products that fulfill the expectations of clients, the company employs cutting-edge technologies and equipment in all of its processes. ATML has a daily production capability of over 44 tons and employs over 1,600 experienced and educated workers.
10. Ananta Group
Ananta Group first set foot in Bangladesh in 1992. This collection of enterprises has extensive experience in the garment sector of Bangladesh. Ananta Group is one of the largest and most export-focused manufacturers of clothing and leather items. This corporation employs around 16000 individuals throughout its several divisions. Ananta has six enterprises and over 4,200 sophisticated machinery capable of producing over 1.8 million pieces of clothes every month.
These garments are subsequently exported to nations such as the United States, the United Kingdom, Germany, and others. Ananta Group Bangladesh’s major line of business is ready-made woven clothes and leather goods.
Bangladesh has come to rely on the clothing manufacturing firm including Posh Garment. This industry accounts for 20% of Bangladesh’s GDP. It is currently the most important source of foreign exchange for this country. Furthermore, the textile industry employs 4.4 million people or 11% of the country’s total workforce. Because this sector is so crucial to the country’s economy, it is critical to protect the workers’ safety. Bangladesh, as a developing country, has a long way to go, but perhaps in the near future, this country will be the greatest bull in the world’s RMG business.