Noman aims high with new textile unit

Friday, April 11, 2008 (Bangladesh)

Noman Group, leading textile industry of Bangladesh, is ready to set up a new garment manufacturing unit. The company exports home furnishing and apparels products worth almost US $10 million every month to US, UK and many European countries.

The Group already holds a strong position in the country, with one more unit coming up, the position will only get stronger in Bangladesh.

In an exclusive interview with Fibre2fashion, Nurul Islam, Managing Director, Noman Group, divulged, “We are putting up 1,000 air jet looms and a complete dyeing range at Tongi, in Gazipur to dye various fabrics. The machinery required for the unit has already being imported, the company has invested nearly Tk300 crore on this project.”

Mr Mostaqur Rahman, AGM, Marketing of the company further informed, “The total investment of Noman at present is approximately Tk800 crore. Currently, the group has five spinning mills and a dyeing and finishing mill in Gazipur, Sreepur and Tongi. “

Talking about recent expiry of quota on Chinese textiles, Mr Rahman asserted, “We are ready to tackle this situation. We can still provide GSP certificate as well as there are huge number of customer base who will support us.”

Expressing his concern over Governments recent decision on rationing gas, the AGM Marketing stated, “This action will surely hamper the dyeing and finishing industry as it is totally dependent on gas for its working."

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