2. Ideas for today and tomorrow
Bangladesh Textile
& Apparel Industry
Welcome To Our Presentation
3. The textile and apparel industries provide the single source of economic
growth in Bangladesh's rapidly developing economy. Exports
of textiles and garments are the principal source of foreign exchange
earnings. Agriculture for domestic consumption is Bangladesh’s largest
employment sector. The tremendous success of ready made garment
exports from Bangladesh over the last two decades has surpassed the most
optimistic expectations. Today the apparel export sector is a mufti-billion-
dollar manufacturing and export industry in the country.
Vision Statement
4. Many researchers have investigated working conditions in the Bangladesh
garments industry. In fact Working conditions in the RMG(Ready Made
Garments) sector are below standard and do not meet the ILO standards.
Labour standards and rights are commonly ignored in the RMG factories
in Bangladesh: poor practices include the absence of trade unions informal
recruitment, and irregular payment, sudden termination, wage
discrimination, excessive work, and abusing child labour.
Literature Review
6. Bangladesh relies heavily on the United States and European Union for
exporting clothing. The two regions/countries account for over 95% of
exports in 1996. The shares of the United States and European Union
fluctuated a great deal. In recent years, since 1993, the share of the United
States declined while the share of the European union increased. The
increased share of the European Union can be attributed to the fact that
Bangladesh does not face any quota while it faces quota in the United
States.
The Trade Performance of Bangladesh
in Clothing
7. During the last decade or so, Bangladesh has substantially liberalized
its trade regime, moving away from costly protectionist policy toward a
more export-friendly trade regime. The current industrial policy(1999)
and Export Policy(1997-2002) have identified the textile and clothing
sector as one of the "thrust" sectors in Bangladesh. The patterns of
comparative advantage and hence the structure of exports and imports
involving textiles and clothing, as stated before, depend on stages of
economic development in Bangladesh and other countries.
Bangladesh Industrial Policy Toward
Textile and Clothing
8. Findings: From this table it is seen that, 60% woven & 40%
knit garments produce R.M.KNIT FASHION.LTD
Analysis and Findings:
9. • Textile and apparel firms in Bangladesh are mostly
concentrated around the capital city of Dhaka.
Geography
10. Today, the textile industry of Bangladesh can be divided into the three main
categories: the public sector, handloom sector, and the organized private
sector. Each of these sectors has its advantages and disadvantages.
Currently, the organized private sector dominates, and is also expanding at
the fastest rate.
Today’s Situation
13. Analysis Weakness :Analysis Weakness :
• Weak Structure, in particular production efficiency, product
development, marketing skill, customer service, controlling, planning,
management skill, technical know how Producing mainly basic
products.
• Heavily depend on importing woven fabrics, low value addition Poor
image of adapting international and Corporate social standards
Political, Social and worker unrest.
15. • 1. Disunity and division of organizations.1. Disunity and division of organizations.
• 2. Unlimited and long working hours.2. Unlimited and long working hours.
• 3. Absence of Job security.3. Absence of Job security.
• 4. Migration from factory to factory.4. Migration from factory to factory.
• 5. Absence of weekly holiday and other holidays.5. Absence of weekly holiday and other holidays.
• 6. Majority of women.6. Majority of women.
• 7. State policy.7. State policy.
• 8. Elite class ownership.8. Elite class ownership.
• 9. Low wage.9. Low wage.
• 10. Unemployment of the country.10. Unemployment of the country.
• 11. Building structure is not good.11. Building structure is not good.
• 12. No unity in Worker.12. No unity in Worker.
• 13. No special training & proper education in the female worker.13. No special training & proper education in the female worker.
17. Comparative Statement on Export of
Textile & Apparels and Total Export of
Bangladesh
Figure : Comparative Statement on Export
Growth Of RMG In Bangladesh
20. ♦ Current infrastructures should be modified from the government side.
♦ Investment in education requires broad initiatives.
♦ A long term strategy should be developed to secure the raw materials
supply as well.
♦ Ensure high quality machine, so that they can produce high quality
product.
♦ Trained up workers by various diploma course.
Recommendation