Desk Report: Bangladesh-based one of the largest denim manufacturer Envoy Textiles Ltd recently has signed a collaboration agreement to set up a state-of-the-art “ECO-LAB” with Spanish company Jeanologia S.L. is oine of the pioneer 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 (Tk 3 crore) 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, reads a press release. Kutubuddin Ahmed, chairman and Manish Khanna, Marketing Director of Envoy Textiles were also present.
As per the contract, Envoy will provide fully 100 percent investment . Other denim producers in Bangladesh would also get certification services from the lab.