“There is a huge crisis of suitable quality cotton for finer count yarn production and price is not affordable as yarn price is remaining same over the time.”
-Engr. Aslam Parvez, Executive Director of HASSML
In Bangladesh, there are demands of around three billion meters of woven fabric every year whereas only about 30-35% of total demands are met locally. Yarn unavailability is one of the most vital causes behind this where almost 90% demand of knit yarn is settled locally. Quality cotton crisis and uphill price are also responsible behind this huge gap between the supply and demand in the woven industry. Understanding this huge prospect and needs, Amanat Shah Group established its’ spinning wing Hazrat Amanat Shah Spinning Mills Limited (HASSML) in 2004. They use state-of-the-art machinery namely TRUTZCHLER, RIETER, Suessen Elite Compact Ring Frame etc. and have about 1 lac spindles where almost 50,000 spindles engaged to produce compact finer count yarns and rest for premium quality knit yarn.
Engr. Aslam Parvez, Executive Director of HASSML, opined “There is a huge crisis of suitable quality cotton for finer count yarn production and price is not affordable as yarn price is remaining same over the time.”
“Whole spinning industry is in the crisis of sufficient skilled manpower, proper business plan, also lack of advanced technology and machinery which are now the acutest problems behind the growth,” he expressed.
“Dedicated and strong R&D team could give you the mileage in the long-term business policy,” Aslam Parvez added.
Optimal quality and finer count yarn production distinguish HASSML from others when they also make their position strong in the price negotiation table.