Bangladesh Garments Sector and Its Possibilities
The garments and textile industry in Bangladesh is one of the most critical drivers of the country’s economic development. Accounting for more than 80% of the nation’s exports, it plays a pivotal role in employment creation, poverty reduction, and overall economic stability. Bangladesh has emerged as the second-largest exporter of readymade garments (RMG) globally, only […]
Opportunities for Bangladesh’s Garments Industry in the Global Fashion Supply Chain
Bangladesh’s garments industry has earned a significant place in the global fashion supply chain, standing as the second-largest exporter of readymade garments (RMG) after China. The country’s competitive advantages, including low labor costs, a large skilled workforce, and government incentives, have enabled it to become a vital player in apparel manufacturing. As global fashion evolves, […]
How Bangladesh Can Move Up the Value Chain: From Low-Cost Manufacturing to High-Value Apparel
Bangladesh’s garment industry has long been a global leader in the production of low-cost, mass-market apparel. As the second-largest exporter of readymade garments (RMG) worldwide, the country has successfully built a reputation for producing affordable, large-volume orders for international markets. However, to ensure sustainable growth and competitiveness in the global fashion landscape, Bangladesh must look […]