With their foresight and adroit planning, the Giant Group is in the process of setting up a new garment and textile factory. The Group has more than 1500 machines in their old factories while the new factory is equipped with 550 basic machines. The new factory is designed to produce more value-added products to suit their customer’s demands. The project is a fully integrated setup with dyeing, finishing, garmenting, washing and printing facilities with an estimated outlay of US $ 15 mn. With a total built-up area of 4,00,000 sq. metres, construction is being done in phases
since October 2010.
While the production unit started operations from the first week of March 2012, the dyeing unit commenced from the first week of July. Another 20 lines of high-value added items would start running by September with lean operations. The factory is expected to be fully operational by the end of 2012. Claiming that the factory would be totally eco-friendly, S.M. Majedur Rahim, Director said, “We have setup a biological ETP, with the capacity of 100 cubic metre per hour. The civil construction cost of the system is almost US $ 1 mn. We bought it from Italy, and it is capable of treating 25 tonnes of dirty water. In terms of design, space, natural light, machine consumption, and ETP we have tried our best to be eco-friendly.”
The textile segment of the group, Giant Textile Ltd. is also in process of expansion from the current capacity of 6 tonnes per day to 20 tonnes fabric per day, to generate an expected turnover of US $ 40-45 mn by the end of 2013.
With so many expansions, the Giant Group is targeting US $ 70-75 mn turnover by the end of 2014. Giant Group, a conglomerate including 5 knit and 3 woven garment facilities, was founded more than 25 years ago. Today with a total of 20 companies, their annual turnover is a US $ 35 mn out of which 60% comes from knitted garment export alone.
