India to invest U$9.26 Mn in Chittagong EPZ

July 18, 2021

Reading Time:

With a $9.26 million investment, Indian Sewtech Fashion Limited has signed an agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to build a readymade garments manufacturing factory in the Chittagong EPZ. Sewtech Fashion Limited is a subsidiary of Shahi Exports, India’s largest garment producer. This foreign-owned enterprise will create 3.36 million tops every year, creating employment opportunities for 3,393 Bangladeshi citizens.

Source: https://investbangladesh.co/news/india-to-invest-9-26-million-in-chittagong-epz/

LATEST FROM OUR BLOG

US firms want to invest in IT, energy

Sep 22, 2023

US companies want to invest in five sectors of Bangladesh, namely IT, education, healthcare, energy and...

Motivated reasoning is a major cause of startup failure

Sep 21, 2023

One common human problem is our inability to evolve. We develop identities and then we work hard to protect our...

Meet the Bangladesh team in Elon Musk’s Not-a-Boring Competition finals

Sep 20, 2023

Not-A-Boring Competition is hosted every year by Elon Musk’s The Boring Company. It challenges participating teams to...

ADB raises growth forecast for Bangladesh’s economy to 6.5% for FY24

Sep 20, 2023

The Asian Development Bank today raised the growth projection for Bangladesh's economy to 6.5 percent for the current...

First-ever online notarization, affidavit services to start in Bangladesh

Jan 13, 2022

After eight years of efforts, Notarybd.com – an online electronic notarization (e-notarization) platform and system...

As part of its seventh cohort, Accelerating Asia backs Bangladeshi startup Hishabee

Nov 22, 2022

Accelerating Asia, an international VC accelerator focused on pre-Series A startups has invested in 10 new companies...

SOLshare is tackling the electric three-wheeler market in the country with their one-of-a-kind technology – SOLmobility

Apr 1, 2023

Meet Sohor Ali, the proud owner of an electric three-wheeler garage located in the bustling city of Tongi, Gazipur....

Bangladesh’s Leading Digital Healthcare Startup Maya Launches in Pakistan

Jul 15, 2021

Maya, Bangladesh's leading healthtech startup — currently the no #1 health app on Google Play Store — has launched in...

India to invest U$9.26 Mn in Chittagong EPZ

LATEST FROM OUR BLOG

US firms want to invest in IT, energy

Motivated reasoning is a major cause of startup failure

Meet the Bangladesh team in Elon Musk’s Not-a-Boring Competition finals

ADB raises growth forecast for Bangladesh’s economy to 6.5% for FY24

RECOMMENDED FOR YOU

First-ever online notarization, affidavit services to start in Bangladesh

As part of its seventh cohort, Accelerating Asia backs Bangladeshi startup Hishabee

SOLshare is tackling the electric three-wheeler market in the country with their one-of-a-kind technology – SOLmobility

Bangladesh’s Leading Digital Healthcare Startup Maya Launches in Pakistan

About BDPreneurs

Follow Us

Links

Contact

Pin It on Pinterest