Singapore, Oct. 19, 2023 – NTX®, a global leader in sustainable textile innovations, and Ananta Group, one of the leading apparel manufacturers in Bangladesh, have announced a groundbreaking partnership to establish a “Factory of the Future” in Bangladesh. This alliance is set to revolutionize the textile industry by integrating cutting-edge fabric dyeing and printing technologies, sustainable water and energy management, and digitalization, creating a world-class facility that will serve as a model for sustainable practices.
“Our partnership with Ananta Group marks a significant milestone in NTX’s journey towards sustainable textile production,” said Kalvin Chung, Chairman of NTX®. “By leveraging our proprietary NTX® Cooltrans® technology, we’re not only addressing the critical water challenges in Bangladesh but also pioneering a transformative approach in the textile industry that prioritizes environmental stewardship, community empowerment, and responsive market innovations.”
Ananta Group, renowned for its multi-product capabilities spanning denim and casual bottoms, intimates and activewear, tailoring and outerwear, and knitwear, is poised to enhance its production through this partnership. The collaboration will support the backward integration of these product lines, bolstering not just Ananta but the entire Bangladesh garment industry.
“This strategic alliance with NTX® is a testament to Ananta’s unwavering commitment to sustainability and innovation,” stated Sharif Zahir, Managing Director of Ananta Group. “With a special focus on synthetic and man-made-fibre based fabrics, we’re poised to meet the growing demands in activewear, outerwear, and intimates categories. This partnership is a leap forward in our sustainability journey, reducing lead times and enabling brands to swiftly respond to market trends.”
The “Factory of the Future” will embody sustainability at its core, exploring advanced water management practices aimed at achieving Zero Liquid Discharge or Closed Loop Water Management, where discharged water may be repurposed for other industrial or agricultural usage such as irrigation. Energy management is also a top priority, with plans for extensive renewable energy usage, including rooftop solar.
Moreover, the alliance underscores the commitment of both NTX® and Ananta Group to community empowerment through their local-to-local drive. By fostering a robust, diversified local industry, the partnership enhances skill sets, creates high-tech jobs, and builds a resilient economy less susceptible to global market fluctuations.
“Through this venture, we’re not just investing in technology; we’re investing in people and the planet,” added Kalvin Chung. “This is the embodiment of NTX’s vision for a greener, more sustainable future, and we’re thrilled to have Ananta Group by our side in this transformative initiative.”
The collaboration between NTX® and Ananta Group sets a new standard for the textile industry, blending technological innovation with a deep commitment to sustainability and community. It’s more than a partnership; it’s a beacon of hope for a greener tomorrow.
About Ananta Group:
Established in 1992, Ananta is one of the leading manufacturers and exporters of Ready Made Garments (RMG) based out of Bangladesh. Ananta is focused on using innovative processes, technologies & materials to manufacture the finest products at a reasonable cost, while considering our social and environmental responsibilities.
For more information please visit https://www.ananta-bd.com
NTX®, with over two decades of dedication to sustainability, provides cutting-edge textile solutions that enhance lives globally. Leveraging state-of-the-art engineering and chemistry, our team of experts continually innovates, setting new standards for sustainability, efficiency, and performance in the textile industry. Our mission is to drive the adoption of eco-friendly textile solutions, thereby inspiring a cleaner, healthier, and more sustainable world. For more information visit https://www.ntx.global/.