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Bangladesh sweater - A Visualization of its Immense Potential

The Bangladesh sweater business is proceeding forward within a way such that it is meeting the requirements. At the existing point in time, a total sum of 730 ventures are within actuality.
The business of these Bangladesh Products has caused to bring in about 2.83 billion USD of foreign currency inside the monetary term of 2014-15, out of the total clothing export of 31 billion USD.
With this, it is inferred that the sub-sector shares within 9 percent of the total sum of exports with regards to the Bangladesh RMG

In order to fulfill the requirement with regards to the expertness within the regional businesses, the administration has ought to start learning based training within the nation by upgrading the educational programs and by exposing the division associated sections within the universities as well.

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Bangladesh sweater - A Visualization of its Immense Potential

  1. 1. BANGLADESH SWEATER SECTOR AVisualization of its Immense Potential www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  2. 2. An Introduction to Bangladesh Sweater • The Bangladesh sweater business is proceeding forward within a way such that it is meeting the requirements. At the existing point in time, a total sum of 730 ventures are within actuality. • The business of these Bangladesh Products has caused to bring in about 2.83 billion USD of foreign currency inside the monetary term of 2014-15, out of the total clothing export of 31 billion USD. • With this, it is inferred that the sub-sector shares within 9 percent of the total sum of exports with regards to the Bangladesh RMG. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  3. 3. What plan does Bangladesh Sweater business have? • The Bangladesh sweater industry has possessed an arrangement at achieving an exportation goal of 8.0 billion inside the time of 2020 and at the same time, fulfilling the target of fetching 50 billion USD from the Bangladesh RMG sector. • Nevertheless, the people engaged with the industry exclusively is not able to cause this dream to transform into reality. On the whole, the nation is prescribed to operate with cooperation and interchange with the objective of satisfying this target. • Especially, the government is asked to hold up the most imperative performer and at the same time, conveying the sector ahead with the aid of grasping a validated approach and providing significant support with regards to the aspect of supplies which includes foundation and public utilities too. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  4. 4. Remarks regarding Bangladesh Sweater Industry • A CEO of one of the Bangladesh products had expressed regarding Bangladesh sweater businesses that the industry bears diverse limitations including the shift within strategy, non- availability of public utilities like power, gas alongside poor foundation, notwithstanding predominant bank funding expenses. An action that is equipped for being managed is absolutely essential as concerned to a time period of 5 to 7 years at the very least. • The association engaged constantly confers a critical blunder, and that is they unquestionably does not link intimately with stakeholders inside the arrangements and at the same time, work out any system and as a result, the conclusive necessities of the endeavors within most of the instances are neglected. • What is more, the implementation of a technique related towards any sector will absolutely create enhanced results at whatever point it is built up inside the demonstration of counseling alongside the people engaged with the business. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  5. 5. What should be done with regards to the Bangladesh Sweater industry? • The first stride that the government needs to do is determining its target regarding need. Within these times, the Bangladesh sweater sector enlists 668,000 people and it owns the potential outcomes to heighten the condition of being hired with an ideal opportunity to descend. • Skilled workers are not determined as concerned towards being hired. Abiding by their engagement, they are made fit or suitable beforehand. • Bangladesh RMG is the solitary sector that builds up its workforce on an individual basis and grooming conveys the worker inside a greatly prevalent position. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  6. 6. Major achievements of Bangladesh Garments sector • A noteworthy accomplishment caused by the Bangladesh clothing division is that it has possessed the capacity of making an expansive amount of fashion designers by way of BGMEA association of fashion. • The fashion graduates join manufacturing plants at extremely prominent earning packages. This has caused the Bangladesh garments industries to not rely on foreign designers within these present times. • In order to fulfill the requirement with regards to the expertness within the regional businesses, the administration has ought to start learning based training within the nation by upgrading the educational programs and by exposing the division associated sections within the universities as well. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  7. 7. Future of Bangladesh RMG Industry • In a gradual manner, the country is growing its marketplace within Japan, since the Bangladesh RMG exportation towards that marketplace has proceeded greater than normal in degree to 400 million USD at the present moment starting at 50 million USD within the year of 2010. • Consistence is an extremely significant element. The Bangladesh apparel division is completely consistent. The guidelines of the Bangladesh garments manufacturing plants is the most prominent within the globe with regards to the aspect of their number. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  8. 8. An Introduction to Bangladesh Sweater • The Bangladesh sweater business is proceeding forward within a way such that it is meeting the requirements. At the existing point in time, a total sum of 730 ventures are within actuality. • The business of these Bangladesh Products has caused to bring in about 2.83 billion USD of foreign currency inside the monetary term of 2014-15, out of the total clothing export of 31 billion USD. • With this, it is inferred that the sub-sector shares within 9 percent of the total sum of exports with regards to the Bangladesh RMG. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  9. 9. THANKYOU! www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.

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