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What is RMG?
RMG (Ready-made Garments) is the leading sector in
Bangladesh in terms of foreign currency earnings.
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RMG Industry: Lifeline to Bangladesh Economy
Bangladesh is
2nd
largest garments exporter
next to china
It
contributes
80%
of total
Export
earnings
16%
Of GDP of
Bangladesh is
Contributed
By the RMG
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RMG Industry: Lifeline to Bangladesh Economy
6000
Factories
5%
Market share
4 Million
Workers
Source : http://www.bgmea.com.bd/
80% of Female workers
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06
4.08
13.83
10.21
0.2
8.76
1 2 3 4 5FY 2013-2014 FY 2014-2015 FY 2015-2016 FY 2016-2017 FY 2017-2018
RMG exports growth trend
RMG sector has set a target
to earn 50b USD by 2021
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The major importers and buyers:
CanadaEuropean Union USA
Knit garments are exported to 148 countries and
woven garments are exported to 132 countries.
The major buyers are,
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Poor quality of logistics
Poor education and training facilities
Poor living condition of workforce
Low level of technology application
Lack of proper safety measures
Problems in this sector
Good quality of raw materials
Different organizational support
and government support
Efficient Environment
Low labor cost
Efficient worker
The main strengths of this sector
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On 24 April 2013,
Wednesday at 8:45 AM
Rana Plaza, an eight-story
commercial building and
garments factory, collapsed in
Savar. The search for the dead
ended on 13 May with a death
toll of 1200. Approximately
2,515 Injured people were
rescued from the building alive.
Rana Plaza Tragedy
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Submitted to,
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Md. Redwan Karim Sony
Lecturer, Dept of CSE,
Islamic University of Technology (IUT)
Mr. Taksir Hasan Majumder
Lecturer, Dept of CSE,
Ahsanullah University of Science and Technology(AUST)