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Textile industry in bangladesh

2nd-year presentation, part of communication seminar course. It is about textile industry in Bangladesh specially RMG sector.

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Textile industry in bangladesh

  1. 1. TEXTILE INDUSTRY IN BANGLADESH RAKIB HOSSAIN (11.02.08.047)
  2. 2. INTRODUCTION 60% of the export contracts of western brands are with European buyers and about 40% with American buyers.Only 5% of factories are owned by foreign investors, with most of the production being controlled by local investors Contribution to the people Huge economical aspect Major exporting products
  3. 3. HISTORY From 1947 to 1971, most textile industries were owned byWest Pakistanis Nationalization of industries after 1971 and rise of BTMC (Bangladesh Textile Mills Corporation) Gradual Denationalization of production of textiles after 1982 New Industrial Policy (NPI), Creation of Export Processing Zones (EPZs) & encouragement of direct foreign investment
  4. 4. STRUCTURE OF BANGLADESH’STEXTILE INDUSTRY The public sector The handloom sector The private sector
  5. 5. SUB-SECTORSOF TEXTILEINDUSTRY  Spinning  Weaving/ fabric manufacturing  Knitting  Dying-printing-finishing  Export Oriented Garments  Another part can be added- Washing plant
  6. 6. SL Sub-sector No. of units Installed Capacity Production Capacity in a year 1 Spinning 385 8.7 million spindle 0.23 million rotor 2050 million kgs 2 Weaving/Fabric manufacturing 721 17250 shuttle less 13500 shuttle 2150 million meter 1. Weaving 2. Denim 3. Home Textile 4. Knitting 584 20 17 100 3 Dyeing-Printing-Finishing 233 2200 million meter 4 Export oriented garment industry 5150 561 million dozen
  7. 7. ECONOMICAL ASPECT Single source of economical growth in Bangladesh’s rapidly developing economy In 2010, people under poverty line become 31.5% from 2005’s 40% The garment industry accounts for 76% of the country's export earnings and 10% of its GDP & 40% of industrial value addition The export value of the readymade garments are expected to touch 22 billion USD this fiscal year. In the fiscal year 2010-2011 country’s apparel export was 17 billion USD
  8. 8. RMGExport Chart
  9. 9. One dedicated textile university, one dedicated clothing university (in the pipeline), one dedicated research institute Textile post graduation (masters) in 1 public university and 2 private universities Textile under graduation (degree) in 2 public universities, 5 government textile colleges and 13 private universities, about 6 private institutes Textiles diploma in 2 government institutes, (3 more in the pipeline), 67 private institutes Textile vocational courses in 40 government institutes, (23 more proposed), 5 private institutes.
  10. 10. HUMAN RESOURCES LEVEL Existing At 2009 Required In 2014-15 Gap Ph .D 25 1087 1062 Masters 65 4708 4643 B. Sc. Engg./Tech. 2034 19996 17962 Diploma 3520 44863 41343 Total 5644 70654 65010
  11. 11. SUCCCESS OFTEXTILE SECTOR Economical boost of the country 2nd leading country in global clothing market Employment of about 5.5 million people Empowerment ofWomen Self sufficiency Radically transformed the socio-economic condition of the country which raised awareness regarding children education, health safety, population control, disaster management and so on
  12. 12. Chart of export
  13. 13. Share in global market
  14. 14. RESOURCES OPPORTUNITIES POLICY DECISION
  15. 15. PROBLEMS FACED BYTHETEXTILE INDUSTRY Large demand-supply gap Insufficient & irregular power supply Accession of China inWTO Extremely high bank charges and interest rates High handling charges for shipping Lack of co-ordination among various government agencies Political issues
  16. 16. FAILUREINTHIS INDUSTRY 01 • No international qualified brand • InsufficientCotton Production 02 • Inadequate skilled workers • No separated area for textile industry 03 • Safety Issue • Insufficient Labor Law regarding this industry
  17. 17. ONE THING TO SAY , WHILE MOST OF THE COUNTRIES WILL STRUGGLE TO MAINTAIN THEIR INDUSTRY, BANGLADESH MOST LIKELY WILL GROW FURTHER !! Conclusion----------------------------
  18. 18. Thankyou  Any question regarding this presentation ?

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