Problems of Garment Industry in Bangladesh

·       Political Problem:     Due to political problem in the past two years around 4000 factories in Dhaka have been on wildcat strike, 16 factories were burnt down by strikers and hundreds more ransacked and looted, pitched battles were fought with cops and private security forces in workplaces. These events have ignited a wave of fierce class struggle in the garment industry up and down the country. These revolts are spreading beyond the workplace and are absorbing the wider working cl

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Prospects of Garment Industry in Bangladesh

·       Financial Prospect:       Over the last fifteen years or so the garments industries have emerged as the largest source of earning foreign currency. Industry Sector:     2.5 In the industry sector, which contributed 29.7 percent of GDP, growth rate slowed down from 6.8 percent of FY08 to 5.9 percent in FY09. Within this sub-sector knitwear, rice milling, dairy products, leather products, footwear, embroidery, wooden furniture, paper and paper products, nonmetallic mineral products etc. showed substantial g

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Present Status of Garments Industry in Bangladesh

Present Status of Garments Industry in Bangladesh (Positive Perspectives): The contribution of readymade garment (RMG) to the national export increases with the rebound of orders from international buyers following a recovery in the global economy, according to trade data of the Export Promotion Bureau.     The share of RMG products reached 77.17 percent in the July-November period from 77.15 percent in July-October of the current fiscal year.     During the July-November period, the country exported woven garments worth $2.13 billion and knitwear items of

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Historical Background of Garment Industry in Bangladesh

Introduction:     Garments Industry of Bangladesh is economically most important and one of the most emerging sector of the country.         This is an assignment on “Problem and Prospects of Garment Industry in Bangladesh”. For writing sequentially this topics is divided into three stages.         First stage includes outlook or front page presentation.          Second stage is divided into followings: Contents, Introduction, Historical Background of Garments Industry in Ban

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Prospects of Garment Industry in Bangladesh

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