This presentation compares the ready-made garment (RMG) sectors of Bangladesh and India. Some key points:
- Bangladesh's RMG sector contributes 21.03% to GDP and exports over $25 billion annually, compared to 14.05% and $15.27 billion for India.
- Bangladesh has 4 million RMG workers earning $0.39/hour on average, while India has 40 million workers earning $0.57/hour.
- Both countries see the RMG sector as important for export revenue and economic growth, but Bangladesh has established a stronger position in global apparel exports.
- The presentation analyzes the strengths, weaknesses, opportunities, and threats for Bangladesh's RMG industry and nation branding through
9. ABOUT RMG Sector of
Bangladesh
Bangladesh’s RMG sector has a bright
future as close competitors like China
,india,Vietnam,Srilanka
The boom industry
Most earning Foreign revenue
RMG Sector Called the HIDDEN TREASURE.
10. Comparision Between
Bangladesh & India
Title Bangladesh India
Worker 4 million 40 million
Total GDP
contribution
21.03% 14.05%
Wages rate 0.39 usd/hr 0.57 usd/hr
Export Volume 25491.40 million
dollar
15270.13 million
dollar
Buyer working About 500 About 400
Total Factory About 5000 About 4,135
Contribution in
total export
75% 64%
Global apparel
export
5.1% 5.4%
Shipment in 2013-
14
$4.9 billion $3.2 billion
11. Prospective of RMG Industry
Market Diversification
Flow of Investment
Lead Time
Infrastructural Impediments
Labor Productivity
Cheap Labor cost
12. The Barrier of Indian Apparel
Industry……
Higher Tariffs
Higher Tariffs
Labor cost higher than Bangladesh
Phasing out of Quotas
13. SWOT Analysis..
Strength:
Energy at low price
Excellent Tele-communications network
Convenience of duty free custom
bonded w/house
Looking forward to Duty Free Excess to US,
eu
14. Weakness
Lack of marketing tactics
A small number of manufacturing
methods
Lack of training organizations for industrial
workers
Subject to natural calamities
15. Opportunity
EU is willing to establish new industry
If skilled technicians are available..
If have large warehouse