Hosiery maker Rupa plans plant in Bangladesh.

Hosiery products manufacturer Rupa & Co is considering setting up its first overseas manufacturing plant in Bangladesh, a top executive has said.

Though the plan is still at a nascent stage, the idea is to build a plant through a joint venture with a local partner, PR Agarwala, Chairman of the Rs. 900-crore company, told BusinessLine.

As a first step, the company's board has decided to set up a wholly owned subsidiary in Bangladesh. The plan would take shape in the next few years. The plant will make knitwear items for the Bangladesh market.


HBL