INDIA: Denim Producer Raymond Eyeing Bangladesh Plants?

   Leading textile manufacturer Raymond Ltd was on Monday reported to be considering setting up a denim factory in Bangladesh as it looks to boost its presence in the South-East Asia market.

The Financial Express reported a team of executives are due to visit Bangladesh later this month to explore possible production opportunities.

The company's denim division currently produces up to 20 million metres of fabric a year and supplies major brands including Levi Strauss, Tommy Hilfiger and Gap.