Bangladesh Garment Industry

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BANGLADESH GARMENT INDUSTRY

• An apparel manufacturing powerhouse of
• South Asia

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Content
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Country Overview
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Economy Snapshot
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Bangladesh RMG Industry Some Facts
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Bangladesh RMG Industry Some Facts
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Bangladesh RMG Industry Some Facts
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Bangladesh RMG Industry Some Facts
Total number of garment factories in Bangladesh
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Bangladesh RMG Exports Year-wise
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Percentage of RMG exports of Bangladesh to the
world
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Value of Bangladeshs RMG exports in FY 2016-17
(country-wise)
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Trade Relationship with other Countries
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Trade Relationship with other Countries
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Trade Relationship with other Countries
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SWOT analysis of RMG Industry of Bangladesh
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SWOT analysis of RMG Industry of Bangladesh
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SWOT analysis of RMG Industry of Bangladesh
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SWOT analysis of RMG Industry of Bangladesh
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Possible solutions for Bangladeshs problems

• Bangladesh should focus on enhancing their human
  capital as it reduces the cost of production.
• The industry should focus on a holistic approach
  for sustainability across textile and clothing
  value chain.
• To come out of cheap product and cheap price
  market positioning, Bangladeshi textile and
  garment companies should focus on brand
  positioning. Strong foreign policy and diplomacy
  can overcome these reputational threats.
• To maintain competencies in the sector, it is
  essential to boost the infrastructural
  development of the industry.
• Having comprehensive business friendly policies
  is essential to inspire new entrepreneurs to come
  and invest in countrys textile and apparel
  industry.
• To understand consumer demand, to design new and
  value-added products, and to analyze market
  situations, there should be more emphasis on
  research and development part.

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Government initiatives in recent years to boost
Bangladesh RMG industry

• The government has commissioned two studies to
  analyze the feasibility of a floating terminal
  and a mid-sized seaport, both near the Chittagong
  seaport.
• Further, the government has invested US 6
  billion and has undertaken the construction of a
  new seaport the Payra seaport, and the Padma
  bridge that will help apparel buyers with better
  lead times. The Government is investing to
  enhance enhancing its power generation
  capabilities as well.
• The government of Bangladesh is focusing on use
  of big data. For the same, DIFE (Department of
  Inspection for Factories and Establishments), a
  Bangladesh government entity, in partnership with
  ILO, has provided a digitized method of data
  collection for safety and compliance issues in
  apparel manufacturing factories.
•  

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Government initiatives in recent years to boost
Bangladesh RMG industry

• The government initiatives are supporting
  Bangladesh industry to be more diverse and
  specialized. With growing maturity of industry,
  technical skills are also maturing.
• The government of Bangladesh is focusing on
  industry to be more eco-friendly. The top 3
  environmentally friendly garments factories in
  the world are located here. Bangladesh has 7 out
  of top 10 LEED factories of the world. The
  government is promoting this trend by providing
  loans at 9 to garment manufacturers that intend
  to go green.

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