# Envoy Textiles to invest Tk97 crore in new spinning unit for blended yarn

Envoy Textiles Limited announced plans to invest Tk97 crore (about US$11.5 million) in a new spinning unit in Bangladesh, adding 4,550 tonnes of annual production capacity for cotton-polyester-spandex core-spun yarn. The project is expected to complete by December 2025.

- Type: Expansion
- Announced: 2024-11-10
- Where: Bangladesh
- Value: $11.5M (970.0M BDT)
- Starts operating: Dec 2025
- Status: announced
- Capacity: 4,550 tonnes per year
- Products: cotton-polyester-spandex core-spun yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

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

## Sources

- [tbsnews.net](https://www.tbsnews.net/economy/stocks/envoy-textiles-invest-tk97cr-increase-blended-yarn-production-989906), 2024-11-10: "Due to the growing demand for blended yarn, the company decided on the expansion."

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