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.
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