Meghna Group has partnered with Turkey’s Tam Hangers to establish Tam Hangers Bangladesh Limited, aiming to produce plastic garment hangers for export. Tam Hangers holds a 51% stake, while Meghna Group holds 49%. A new factory in Mirzapur, Tangail, began trial production on October 4 with 16 machines, capable of producing 30,000 hangers daily. The facility plans to expand to 40 machines, with a total investment of $7.5 million and the creation of 500 jobs.
The factory will focus on sustainable production by recycling old hangers and using solar power. Tam Hangers is a key supplier to global brands like Marks & Spencer and H&M. Bangladesh’s hanger exports earned $30 million last year, and foreign investment is expected to boost this figure. The initiative aligns with global trends towards recycling and decarbonization, positioning Bangladesh as a potential hub for garment accessories in the global market.
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