India to invest U$9.26 Mn in Chittagong EPZ

July 18, 2021

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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.

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