DRAGON GROUP is the Pioneer of Bangladesh¹s Sweater Industry. The group
played a pioneering role in the sweater industry of Bangladesh by starting
the first sweater project in Bangladesh in the early 80's with technical collaboration from China. Since than the group has implanted the seeds for the development of the sweater industry in Bangladesh. Today Bangladesh exports over $ 1.5 Billion US Dollars of sweaters from Bangladesh and the country employes nearly a million people in the sweater industry of Bangladesh.
Dragon Group has expanded and has grown over the time and in the last 30
years the group has invested heavily in the backward linkage sector to
reduce costs and delivery time of sweaters from Bangladesh. Today the group
produces 40 % of its yarns produced from its own spinning and sweater and has capacity to export 10 million pieces of sweaters per annum which can
fetch more than $ 60 million US dollars from exports.
In order to remain the market leader in sweater export the group plans to
increase spinning and sweater manufacturing capacities by installing new improved efficient
machineries from European and Japanese origin. The group also plans to
export 100% goods produced with yarns produced from its own mill. Since the
yarns produced from own source helps the group to cut costs down
considerably and helps to achieve maximum level of cost reduction. The company intends to retain its position in Bangladesh as the top sweater exporter and intends to become one of the largest sweater producer and exporter in South and South East Asia. With this
vision in target the company plans to raise capital to expand its installed