The five-storey building of Tropical Knitex at Gazipur district's Kaliyakoir area, was engulfed in a blaze around 12.45 a.m., bdnews24 quoted a fire service official as saying.
The fire started at the second-floor of the building and later spread to the other areas.
"A huge amount of yarn and fabrics stored in the factory have been completely gutted," an official said.
At least 13 tenders rushed to the spot and were trying to douse the fire.
"It seems we will need a few more hours to put out the fire completely," the official added.
The official noted that they were yet to assess the damage and an electrical malfunction might have caused the fire.
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