Desk Report: Bangladesh based one of the fastest-growing garment exporters Pacific Jeans Group eyes $500 million in export earnings in the current fiscal year 2021-22 as its apparel export increase.
Exports fetched $450 million for the Chattogram-based manufacturer in the last fiscal year of 2020-21. It was $325 million in 2017-18.
Syed Mohammad Tanvir, Managing Director of Pacific Jeans Group said, in an interview recently, our target is to raise export turnover to around $1 billion in the next five years”
This company now plans to be more focused to diversify products as it aims to materialize its long-term vision of becoming a global life wear solution company.
Recently Universal Jeans Limited and Pacific Jeans Limited have been awarded The National Export Trophy (2017-2018) Gold and Silver respectively for the highest export.
Mr. Tanvir’s visionary father M Nasir Uddin started the journey of the group by setting up a small factory, NZN Fashions Ltd, with 500 workers in 1984 in the port city’s Patharghata area.
Currently, this company has six units — Pacific Jeans, Jeans 2000, Universal Jeans, NHT Fashion, Pacific Accessories, and Pacific Casuals — at the CEPZ and Pacific Knitex at Sitakunda, employing around 35,000 people.