AARON DENIM LTD

Aaron Denim Ltd. (ADL), formerly MAB Spinning Ltd. and MAB Denim Limited is a 100% export oriented denim fabrics manufacturing unit. Currently it holds a capacity of 14.35 million yards fabrics per annum based on three shifts of operation having FOB value around USD 30.00 million eqv. to BDT 2.40 billion (approx) to 24.00 million yards fabrics per annum based on three shifts of operation having FOB value around USD 50.40 million eqv. to BDT 4.00 billion (approx) at current price. From January 2018, with the inclusion of new machineries, the project will be equipped with more balance of its fabrics manufacturing unit (with an enhanced capacity of 2.00 million yards per month from 1.2 million yards per month) and dyeing unit (which has present capacity of 2.39 million yards per day) which will help meeting the growing demand of the buyers.The project is located on a 41.44 bigha (1381 decimals) own land at Sukran Mirzanagar, Savar which is just 35 Kilometers away from Dhaka city.Present progress of the project Background of the project: The project with its existing denim fabrics unit currently having 128 weaving machines (30 latest model and 98 old model Airjet machines) along with auxiliary machines and Dyeing unit has been in operation since 2006. All the new machineries, which will be of brand new condition, have already been selected. Weaving machines will be of Picanol, Belgium and others will be imported from Germany, Switzerland, Spain, UK, China, Taiwan, Korea and Karachi. All the machinery and equipments will be imported through either 360 days' term deferred LC or UPAS LC. Upon getting sanction, the LC for machineries will be opened. However Reach Truck, Fork Lift, Deep Tube Well; cost of which has been included in the total cost of machinery, will be procured from local market for which quotations have been collected from some renowned local suppliers.