7. Abstract
2nd largest RMG exporting country in the world.
Major source of foreign income.
Playing vital role in social, educational, cultural
and technological perspective.
Ensuring employment of more than 40 lakh people.
Promoting the women empowerment.
8. Abstract
Major source of income of the govt.
Building up skilled man power by introducing
various training program.
9. Objective of the Study
To attain the knowledge about primary activities
of ready-made garments sector of Bangladesh.
Identify the effect of ready made garments sector
in the economy of Bangladesh.
Identify the ostacles in development process of
ready-made garments sector.
Opportunities & Prospects of RMG sector.
To suggest some ways by which RMG sector can
improve their position in global market.
10. From various secondary data sources like
BKMEA, BGMEA, Bangladesh Bank, Export
Promotion Bureau, Internet browsing
through website searching, Different
published material Such as books and articles.
Methodology
11. Overview of Bangladesh Ready
Made Garments Industry
Year Issues
1970-1980 Early period of growth
1982-1985 Boom days
1985-2008 Imposition of quota restriction 1990
Child labor issue and its solution 2003
Withdrawal of Canadian quota restriction 2005
Riots and strike by garments labor 2007-2008
Stable growth
2008-2015 Continuous growth
2016-2021 Sustainable Growth
12. Share in global export of RMG
industry
India 3%
Turkey, 4%
Bangladesh 5 %
Chaina 36%
Others 52%
13. Membership and employment
Year No of Garments Employment (in lakh)
2007-08 4743 2.80
2008-09 4925 3.50
2009-10 5063 3.60
2010-11 5150 3.60
2011-12 5400 4.00
2012-13 5876 4.00
2013-14 4222 4.00
2014-15 4296 4.00
2015-16 4328 4.00
2016-17 4482 4.00
14. Comparative statement on export of RMG
and total export of Bangladesh
YEAR EXPORT OF RMG TOTAL EXPORT OF
BANGLADESH
% OF RMG’S TO
TOTAL EXPORT
2007-08 10699.80 14110.80 75.83
2008-09 12347.77 15565.19 79.33
2009-10 12496.72 16204.65 77.12
2010-11 17914.46 22924.38 78.15
2011-12 19089.73 24301.90 78.55
2012-13 21515.73 27027.36 79.61
2013-14 24491.88 2007-08 81.13
2014-15 25491.40 31208.94 81.68
2015-16 28094.16 34257.18 82.01
2016-17 28149.84 34655.92 81.23
15. Contribution of RMG Sector in
Bangladesh
Different Sector Social Impacts
• Banking and Insurance
• Shipping and Logistics
• Contribution to
Government
• Engineering Sector
• Utility Services
• Information and
Communication
Technology
• Emerging Consumer
Market
• Women
Empowerment
• Child Labor
16. Prospects of the RMG Industry
Product Diversification
Backward Integration
Flow of Investment
Labor Productivity
Cheap Labor
Research and Training
17. Problems and challenges of RMG
sector
Lack of
Modernize
Equipment
Energy Crisis
Lack of new
investment
18. SWOT Analysis
Lack of high skilled labor.
Limitation of technical
know-how.
Problem in Power & Gas
supply.
Political unrest situation.
Labor unrest in RMG
factories.
Rise of price of raw
materials.
Political unrest situation of
the country.
Good reputation of product
quality.
Great pricing capability.
Change in Governments
attitude towards RMG
Skilled and available
workforce.
Cheapest labor
Duty Free Status
36 years experience in
Apparel export.
Strength
Opportunities Threat
Weakness
19. 1 2 3 4 5
Competitive
rivalry
between
existing
players
Threat
Of
substitutes
Threat
Of
new
entrants
Bargaining
power
Of
customers
Bargaining
power
Of
suppliers
Five competitive forces analysis on
Garments of Bangladesh
21. Recommendation
Equal opportunities in terms of
compensation packages
Strict safety law should be imposed
Economic and political stability
More attention to improve the
working environment
Invest more in research and
development
Infrastructure and transportation
should be developed
Workers must be trained