In a major boost for Bangladesh’s industrial sector, Japan–Bangladesh ethical fashion partnership Revival Group Co., Ltd. and its local arm, Revival Projects Ltd., have unveiled an ambitious plan to revive the long-defunct Beximco Textile Division. The move, backed by significant foreign investment, is expected to restore more than 25,000 jobs, marking one of the country’s most substantial employment recovery initiatives in recent years.
A tripartite agreement between Revival, Janata Bank and Beximco is scheduled to be signed on 18th November 2025, pending final approval from Janata Bank’s board. The project will be financed by Ecomilly, a US-based company founded by Bangladeshi expatriates, which has committed an initial US $ 20 million.
Once a flagship of Bangladesh’s textile industry, Beximco Textiles operated profitably for three decades before collapsing under severe financial strain. Its abrupt closure not only displaced thousands of workers but also destabilised local supply chains and small businesses dependent on the factory. Revival’s initiative aims to reverse that decline by restarting production and restoring long-term livelihood security for affected families.
According to Revival, the revitalisation plan includes rehiring all former employees, fully recommissioning the factory and reinstating the previous management team. The partnership expects its Japan–Bangladesh identity to play a key role in the turnaround, with senior Japanese experts being appointed to enforce rigorous operational standards. To ensure transparency, a global Big Four audit firm will oversee financial and operational compliance.
Beyond reopening the manufacturing plant, Revival is positioning the venture as a catalyst for broader transformation in Bangladesh’s textile and apparel sector. The company plans to reconnect with Beximco’s former international buyers while welcoming new partners, emphasising a shift from low-cost production to innovation-driven, design-forward branding. Its long-term vision is encapsulated in the concept of “locally design, sell globally.”
To support this shift, Revival will establish Bangladesh’s first advanced design school, offering world-class training, international certification and mentorship from experts in Europe, the United States and Japan, with the aim of nurturing the next generation of creative industry leaders.
Revival and Ecomilly intend to provide US$20 million in initial back-to-back LC support, with the potential to scale up to US$100 million in subsequent phases. Production is slated to resume in December 2025, reinstating more than 25,000 jobs. By 2027, the company aims to generate annual revenues of Taka 500 crore (US $ 45 million), which will go towards debt repayment and ensuring long-term financial stability.
Bharat Tex Special Report 2026 
