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Reason for the wide expansion of the garments industry:
There are some reasons for why garments industry has flourished. ... Favorable climate: Bangladesh is situated in the temperate Zone. ... Market: As the ready-made garments of Bangladesh are high quality, attractive and less expensive, So the market is very wide. ...
Major items of Bangladesh RMG industries are woven shirts, trousers, jackets, T-shirts, shorts, quality suits, branded jeans, embroidered ladies &children wear. ...
More than 95% of accessories are now available in Bangladesh. ... Available in Bangladesh which have been tested and approved by us and passed the laboratory test by our existing buyers. ...
There are so many materials and accessories used in garments to make a garments. These are as follows:-
Bangladesh being a member of World Trade Organization and a part of GATT presently are enjoying some preferential treatment as least develop country, such benefit will continue up to 2005, when RMG will compete in the global market for free international trade. ... Bangladesh government export position in U. ...
ĕ Brass pin stapler pin
ĕ Plastic clips adhesive tape
ĕ Printed poly bag
ĕ Gum tapes
ĕ Packing strips
ĕ Butterfly collar strips
ĕ Collar stand
ĕ Collar elastic band with hand tag
ĕ Scotch tapes
ĕ Tissue paper
ĕ Marking chalk
ĕ Marker paper
ĕ Metal seal
ĕ Grey board
ĕ Multi color tag
ĕ Sewing ticket pins
ĕ Outer export master cartons
ĕ Label
ĕ Hang tags
Figure: Export position of RMG of Bangladesh.
Major buyers of Bangladesh garment are U. ...
So the export oriented garments industry has the immense prospects. ... So in our country garments industry has expanded very quickly within a very short period of time.
Total units in garments sector in 1985
Total units in garments sector in 1998
Total units in garments sector in 2001
The number of garments in operation
No. of new garments going for production
No. of workers in this sector
Female worker
Male worker
Export income in 1994 ¡V 1995
Export income in 1997 ¡V 1998
Export income in 1999 ¡V 2000 : 587
: 2650
: 3300
: Over 2400
: Over 500
: 15 million
: 90%
: 10%
: US$2228
: US$3783
: US$3135
The export oriented garments industry in Bangladesh made its first appearance in 1977 ¡V 78 with 9 enterprises entertain export earning of only 6.40 million (US$) and now the yearly export earning of Bangladesh through RMG is about US$ 3135. ... So RMG sector plays a pivotal role in the economy of Bangladesh. About 77% of the country¡¦s foreign currency earnings in done through export of ready made garment. ...
The Major role played by the ready made garments industry is discussed as follows:
1. ... About 77% of the country¡¦s foreign the export of RMG and the yearly export earnings of Bangladesh through RMG earn currency is about US$ 3135. ...
Figure : Bangladesh garment export. ... Employment opportunity :- Garments industry creates many job opportunity. ... Before the access of readymade garments, 75% of the woman of our country had no income. ... Elimination of child labor :- On July 4, 1995, Bangladesh created history by signing a MOU on elimination of child labor from the garment sector. ... BGMEA takes pride in declaring the garment sector of Bangladesh child labor free since November 1, 1996. ... Increase of foreign income :- Bangladesh export many items to the abroad. ... At the end of the financial year, the total readymade garments exports stood at 5 million US$. ... Accompanying industry:- In heady made garments industry, cartoon, poly bag, gum tape, button, thread etc. ... But BGMEA ¡V Bangladesh Garment Manufacturers and Exporters Association is the only representative body of about 2500 manufacturers-exporters of ready made garments in Bangladesh, plays some important role also. ...
Starting in late 70s as a small nontraditional sector of export, Ready-made Garment (RMG) emerged as a promising export-earning sector of the country by the year 1983. Bangladesh at that time lacked a sectored trade body, non-government in nature, free from traditional bureaucracy, to help the sector to boost up the countrys foreign exchange earnings. ...
At the end of the financial year, the total readymade garments experts stood at 5 billion US dollar. ...
Foreign exchange earnings from the readymade garments export sector (in million dollar)
Year Us million dollars
1981-1982 6. ... 00
So, it is clear from the above chart that, the future of readymade garments is very bright. ... Bangladesh also recently entered the extremely quality conscious RMG market of Japan and created a niche for itself. ... The textile sector of Bangladesh encompasses spinning, wearing, dyeing-washing-finishing. In Bangladesh, there are approximately 142 spinning mills (115 in private sector and 27 in govt. ... Encouraging co-operation between industries, companies, firms engaged in manufacturing of garments, allied industries and exporters of ready-made garments. ... Monitoring implementation of MoU on child labor elimination from the export oriented garment sector of Bangladesh. ... Having regular co-ordination with the labor organizations in the garments sector to resolve labor
related issues and establish cordial employer-worker relationship. ...
So, in short, we can say that, the garments industry of Bangladesh still show their excellent performance in the world market and we hope that it will continue in the future.
Though it is a promising sector and most important for Bangladesh, it is not free from problem. ... Apparel export from Bangladesh to these very important markets was hurt badly. ... & knitwear from Bangladesh was U. ... buyers away from Bangladesh in Favor of suppliers in S. ... In Europe, some orders , which had previously gone to Bangladesh, was diverted to Pakistan, after Pakistan had been granted duty free access. ... Quota system:
The main obstacle of RMG of Bangladesh is to impose quota by the importing country specially U. ... ) of System Bangladesh suddenly impose quota system on R. ... of Bangladesh. ... Political Situation:-
Favorable political situation is not available in Bangladesh for good industrialization. ... :
In Bangladesh, laws and regulations of govt. ... In Bangladesh, this type of laws and regulations of government are not applicable for the development of R. ... Lack Of Skilled Labor:
In Bangladesh, the most common problem is the lack of skilled labor. Most of the women labors are working in various garment factories in Bangladesh, from which 85% are illiterate and unskilled. As a result, Bangladesh cannot produce good quality of garments product. ... in Bangladesh is that, in the international market, the exporters facing tough competition with some foreign export countries. ... contract, Bangladesh getting exports quota facilities. ... As a result, Bangladesh faces a lot of problem. In that case, Bangladesh must have to face tough competition with other developed Countries. ... Bangladesh has to import 90% of the woven fabrics. ... In the name of non-cooperation Chittagong seaport, Dhaka airport & Beanpole land port were kept out of operation & consequently the export business of garments closed totally. ... The available technology used in garments sector is not of high standard; except of 2-3 weaving mills, no where there is any spacious loom
2.
Approximate Word count = 5540
Approximate Pages = 22.2
(250 words per page double spaced)
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