Company Overview:
Tosrifa Industries Limited (TIL) is a 100% export oriented readymade knit garments manufacturing Company .The Company was incorporated on August 27,2002 as a private limited Company under the Companies Act 1994. It commenced commercial operation in 2005. At present, authorized and paid-up capital of the Company stands at BDT 1,000,000,000 and BDT 344,698,000 respectively. The Company’s registered office is located at plot # 91, (4th Floor) , Block- k, Suhrawardy Avenue, Baridhra, Dhaka-1212 and the factory is at Mouza 135 Gopalpur, Munnu Nagor, Tongi, Gazipur, Bangladesh.
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Nature of Business:
Tosrifa Industries Limited is a 100% export oriented garment manufacturing Company. At present, it has knitting and sewing facilities while it outsources yarn and dyeing works. It procures raw cotton yarn from various local and foreign sources and converts the yarn into grey fabric. The grey fabric is dyed from outside sources as per buyer specification. Then the fabric is cut and sewing to manufacture the finished apparel. Based on buyers’ specification, printing and embroidery work are also done on the apparel. The Company supplies the finished goods to some of the most renowned apparel brands in the world. Its major products are ladies’ and gents’ knitwear such as polo shirt, T-shirt, tank top etc.
Principal Products and Services:
TIL is engaged in manufacturing knit garment products. Such knit products include but are not limited to polo shirt, t-shirt, tank top etc. There can be several subclassifications of these product types depending on style and buyer requirements. As a whole, all these products are generally classified as knit garment products.
Number of Employees & Benefits:
Tosrifa Industries Limited values its workers and employees and strives to maintain high standard of labor practices to ensure congenial work environment for its employees. The Company employs 1,350 full time employees as of 31st December 2014. The Company has a well-designed compensation package for the employees to encourage professionalism, greater productivity and stimulate teamwork. The Company provides several benefits to the workers in addition to the monthly remuneration which are illustrated below-
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