The Bangladesh Export Processing Zone Authority (Bepza) has reported a significant surge in investment activity at its Mirsharai economic zone, with five foreign firms already commencing production and export operations.
Manufacturing News
-
-
The park, spread across 2,158 acres, is expected to provide direct and indirect employment to nearly 300,000 people, including cotton farmers, giving a major boost to both agriculture and the textile industry.
-
The initiative, approved by the Ministry of MSME two years ago, complements the development of a garment park already under way in Gorakhpur. Together, the projects are seen as positioning the city to emerge as a significant hub for India’s ready-made garment industry.
-
The recently approved Industrial Policy 2025 had laid the foundation for faster growth, and that this project would take the state a step closer to its economic and industrial goals.
-
Recognising Tirupur’s status as the 'Knitwear Capital of India', he noted its nearly 10,000 garment units that employ lakhs of people and produce around 90% of India’s cotton-based exports, including casual wear, sportswear, socks and caps.
-
The Ministry of Textiles has also backed the project, which aligns with the Government of India’s strategy to build a sustainable, circular and globally competitive textile sector, while positioning Indian innovation at the forefront of global textile transformation.
