Knitwear production - PowerPoint PPT Presentation

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Knitwear production

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The Bangladesh garment industry is one of the large scale industries of the country which employs millions of workers. Most workers employed in this industry are women and the industry contributes a good percentage to its Gross Domestic Product (GDP). – PowerPoint PPT presentation

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Title: Knitwear production


1
Knitwear production
  • Contact Information http//www.textilebanglades
    h.com/, Mail id- levi_at_htci.fr
  • , Address- 91 rue du Faubourg St Honoré, PARIS,
    LA, 75008,France
  • The Bangladesh garment industry is one of the
    large scale industries of the country which
    employs millions of workers. Most workers
    employed in this industry are women and the
    industry contributes a good percentage to its
    Gross Domestic Product (GDP). With changing
    times, Bangladesh garment manufacturers are
    coming up with new products to meet domestic as
    well as global demand.
  • If one talks about concentration, then Bangladesh
    has around some major garment producing hubs
    which specialize in Knitwear production.
  • In some part of the country, it has emerged as
    hubs for production and export of readymade
    garments for women and children. Some are also
    known for production of high-quality readymade
    garments.

2
  • Bangladesh garments are known for their quality
    all across the globe. The demand for garments
    manufactured in Bangladesh is increasing
    exponentially the world over because Bangladesh
    manufacturers produce high-quality products at a
    relatively cheaper rate than other countries. The
    major markets where these garments are in high
    demand are US, UK, Germany, Italy, France, Spain
    and Turkey. Apart from increasing demand in the
    international market, Bangladesh's own fashion
    statement has undergone rapid changes over the
    years which have significantly bolstered the
    domestic demand.
  • Lately, garment exporters of the country have
    been facing tough competition from China and
    India. However, with orders being diverted, the
    sector is brimming with confidence. It is to be
    noted that the government has targeted a good
    amount of exports in this fiscal year.
  • The recovery of American economy and high demand
    from Europe has helped the country's garment
    sector. China, one of India's major competitors
    in the sector, has been losing its edge because
    of rising labor and raw-material costs.

3
  • The garment industry of the country, however, is
    plagued with several problems. But overcoming
    these problems, the country has shown a very good
    improvement in knitwear production. Though
    Bangladesh produce garments at a low price as
    compared to other countries, yet escalating raw
    material costs lately is a major concern. Labor
    costs and cotton yarn prices have increased
    manifold in recent years, which is putting
    pressure on manufacturers. Bangladesh also needs
    to revisit its labor laws and invite more foreign
    direct investment in the sector to gain a
    competitive edge. Production efficiency also
    needs to be enhanced and manufacturers need to
    know the recent trends at the back of their hands
    to sustain against global competitors.
  • We at Textilebangladesh.com with many years of
    vast experience in the field of manufacturing,
    marketing and exporting of garments. For more
    information about knitwear production Bangladesh,
    Please visit our website today.
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