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Bangladesh garments

The entire affect of the Bangladeshi garments exportations is surely one of the extremely important societal and economical build-ups within the present-day Bangladesh.

RaimaChowdhury
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Bangladesh garments

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  1. Bangladesh garments: Their contribution towards the economic system of Bangladesh www.bdtdc.com © 2016 Bangladesh TradeDevelopmentCouncil. All Rights Reserved.

  2. An Intro of Bangladesh Garments • For the most part, the economic system of Bangladesh is contingent on agribusiness. • The Bangladesh Garments division has come forth as the largest earner of foreign currency. • The entire affect of the Bangladeshi garments exportations is surely one of the extremely important societal and economical build-ups within the present-day Bangladesh. • More than one and a half million female laborers are hired inside the semi-proficient and proficient occupations that yields clothing with regards to exportations. • Bangladesh is distinctly in the lead as compared with different South-Asian providers. www.bdtdc.com © 2016 Bangladesh TradeDevelopmentCouncil. All Rights Reserved.

  3. Export Trend of Bangladesh Garments The Bangladesh garmentsindustry has rendered 28.09bn USD of exportations within the financial year of 2015-16 with a 10.21 percent of development since the previous year. www.bdtdc.com © 2016 Bangladesh TradeDevelopmentCouncil. All Rights Reserved.

  4. Strengths of Garments sector in Bangladesh • Significantly certified/eager to determine the manpower usable at lowly labor prices. • Energy at lowly costs. • Well approachable substructure such as roads, sea, railroad and air. • Approachability of basic substructure which is around 3 decades old and was primarily founded by the businessmen of China, Korea, Taiwan and Hong Kong. • Foreign Direct Investment (F.D.I.) is lawfully allowed. • Reasonably capable economic system, specially within the E.P.Z.s. • Bettered Generalized Scheme of Preferences (G.S.P.) benefits under territorial cumulative. www.bdtdc.com © 2016 Bangladesh TradeDevelopmentCouncil. All Rights Reserved.

  5. Weaknesses of Garments sector in Bangladesh • Deficiency of merchandizing plans for attaining a particular goal. • Absence of readily available management with ease. • Little amount of producing methods. • Deficiency of training administrations with regards to developed actors, overlooker and managers. • Bossy set about of almost each and every capitalists. • A small but indefinite number of operation units with regards to fabrics and garments. • Undependable reliability about Deliverance/Quality Analysis/Product information • Time-consuming custom sanction. • Subject to calamities caused naturally. www.bdtdc.com © 2016 Bangladesh TradeDevelopmentCouncil. All Rights Reserved.

  6. Opportunities of Garments sector in Bangladesh • The European Union (E.U.) is inclined towards founding the industry within a large manner as an alternative to China specially with regards to knits, comprising sweaters. • Bangladesh is considered within the Least Developed Nations along which the United States is entrusted towards raising exportation trade. • Sweaters are extremely economic even along China and is the possibility of future success with regards to Bangladesh. • When proficient technicians are usable to learn, Bangladesh productssuch as garments that is arranged beforehand is an alternative. www.bdtdc.com © 2016 Bangladesh TradeDevelopmentCouncil. All Rights Reserved.

  7. Threats of Garments sector in Bangladesh • Bangladesh exporters are obliged to develop themselves in order to reap the benefits extended through the possibilities. • Unless a newly solid marketplace is inquired within the home or overseas, any non-cooperation out of the United States and European Union might threaten the Bangladesh RMGexportation business altogether and accordingly the fabric production. • Abrupt rise in the cost of cotton and yarn within the international marketplace might drive Bangladesh towards an extremely cumbersome position while crushing the business. • When the kind of worker and anarchies associated to politics continues to exist within the time to come, Bangladesh might miss the business within the manner by which Sri Lanka has befuddled. www.bdtdc.com © 2016 Bangladesh TradeDevelopmentCouncil. All Rights Reserved.

  8. Conclusion • It’s a peak obligation with regards to us to offer an ideal operating spot for manufacturing Bangladesh products in terms of the RMG division which has contributed a solid balance to the economic system of Bangladesh, produced occupations with regards to a large number of individuals, particularly with regards to women, raised them out of the abyss of unending neediness and presented them a sublime life. • Presently, what we have expected to carry out is managing each and every challenges are being dealt with the Bangladesh garmentsindustry in order to create the circumstances with regards to its further advancement. www.bdtdc.com © 2016 Bangladesh TradeDevelopmentCouncil. All Rights Reserved.

  9. THANK YOU! www.bdtdc.com © 2016 Bangladesh TradeDevelopmentCouncil. All Rights Reserved.

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