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Pic: Shutterstock Khyaati Leather Innovation Bd Limited, an India-Bangladesh joint venture (JV), will set up a garment accessories and bags manufacturing unit in Bangladesh at an investment of $2.95 million. The company has signed an agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to establish the factory in Ishwardi Export Processing Zone (EPZ).
The new unit will produce over 40-50 million pieces of back patches using paper, PU and leather, heat seal labels, silicon labels, belts, printed fabrics (coated and uncoated), hanging accessories, fabric label, hang tags/stickers, laces, shoe sole, shoe upper, bags and more, said the country’s media reports.