# Envoy Textiles approves $32M spinning expansion in Bhaluka, Bangladesh

Envoy Textiles approved an expansion plan involving more than Tk 2.76 billion ($32 million) for two spinning projects to increase in-house yarn production, with the ring spinning project scheduled to come on stream first, followed by rotor capacity by March 2027.

- Type: Expansion
- Announced: 2026-09-28
- Where: Bhaluka, Bangladesh, Bangladesh
- Value: $32.0M (2.76B BDT)
- Starts operating: Mar 2027
- Status: announced
- Products: open-end yarn, ring-spun yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Envoy Textiles](https://endata.com/companies/67122.md)

## Sources

- [thefinancialexpress.com.bd](https://thefinancialexpress.com.bd/home/envoy-textiles-posts-slight-earnings-dip-eyes-growth-through-expansion), 2026-09-28: "The board approved the expansion plan in April this year to increase in-house yarn production, particularly open-end yarn, with a view to reducing dependence on external sourcing and improving cost efficiency."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.