One of the largest denim manufacturers in Bangladesh, Envoy Textiles Ltd., recently signed a collaboration agreement to set up a state-of-the-art “ECO-LAB” with Spanish company Jeanologia S.L., one of the pioneers in bringing sustainable eco-efficient textile technologies.
The leading textile exporter said it decided to go for signing a know-how transfer and collaboration agreement with Jeanologia to set up the lab at Envoy’s factory premises. The initial investment for the project would be 270,000 euro (Tk 3 cr) for 12 months.
Tushar Tripathi, CEO of Envoy Textiles and Tarin Choudhury, Country Manager of Jeanologia S.L signed the agreement on behalf of respective companies. Kutubuddin Ahmed, Chairman and Manish Khanna, Marketing Director of Envoy Textiles were also present.
As per the contract, Envoy will provide fully 100 percent investments. Other denim producers in Bangladesh would also get certification services from the lab.