Investment boost for Bangladesh knitting sector

By Haydn Davis
15 May 2014

New York - A US-based private investment firm is to invest US$200 million in the ready-made garment and textile industries of Bangladesh, a project which could see it acquire minority stakes in a number of the country?s large-scale knitting mills.

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Investment boost for Bangladesh knitting sector

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Gildan’s latest sustainability report outlines progress in cotton sourcing, resource efficiency and certification across its vertically integrated supply chain.

For knitting and hosiery manufacturers, emphasis was on high-efficiency production systems, energy-saving machinery, and automation-led solutions.

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