SlideShare a Scribd company logo
1 of 13
welcome
to
our
presentation
PRESENTATION TOPIC
PROBLEM AND PROSPECTS OF GARMENTS
INDUSTRY IN BANGLADESH
The tremendous success of readymade garment exports from
Bangladesh over the last two decades has surpassed the most
optimistic expectations. Today the apparel export sector is a
multi-billion-dollar manufacturing and export industry in the
country. The overall impact of the readymade garment exports
is certainly one of the most significant social and economic
developments in contemporary Bangladesh. With over one
and a half million women workers employed in semi-skilled
and skilled jobs producing clothing for exports, the
development of the apparel export industry has had far-
reaching implications for the society and economy of
Bangladesh.
Data collection
For the assessment, for
and secondary data was collected. For we interviewed
one Garments. Company through using
a structured questionnaire. Personal interview
technique was applied while fill up the questionnaire on
respondents.
Scope of the Study
This study has focused upon the various problems
regarding with the garments company and the prospect
of these industries. We have taken 5 garments
company to gather data on the present situation of the
garments industries as well as problem regarding and
Ate industries
LIMITATIONS OF THE STUDY
Above all, this study is weak in some points.
The survey was conducted in a very short time so we were not able to
collect more information.
This survey made on crisis situation of Bangladesh, so it was difficult
to collect more samples.
Only the big and the reputed Garments Company consider here as
sample.
The questionnaire contains some questions that, if answered properly,
might damage the company’s image. In this type of questions, the
respondents might provide socially acceptable answers. This risk
was unavoidable.
Another limitation of this study is the person’s private information
were not disclosing some, data and information for obvious reasons,
which could be very much useful.
Lack of experience in this field.
Lack of proper authority to conduct the interview program
GARMENT IS THE LARGEST EXPORTING INDUSTRY IN BANGLADESH,
WHICH EXPERIENCED PHENOMENAL GROWTH DURING THE LAST 20
YEARS. BY TAKING ADVANTAGE OF AN INSULATED MARKET UNDER
THE PROVISION OF MULTI FIBER AGREEMENT (MFA).THE INDUSTRY
PLAYS A KEY ROLE IN EMPLOYMENT GENERATION AND IN THE
PROVISION OF INCOME TO THE POOR. NEARLY TWO MILLION
WORKERS ARE DIRECTLY AND MORE THAN TEN MILLION
INHABITANTS ARE INDIRECTLY ASSOCIATED WITH THE INDUSTRY.
OVER THE PAST TWENTY YEARS, THE NUMBER OF MANUFACTURING
UNITS HAS GROWN FROM 180 TO OVER 3600.THE AGREEMENT ON
TEXTILE AND CLOTHING (ATC) INTRODUCED IN 1994, AIMED
AT BRINGING TEXTILES AND CLOTHING WITHIN THE DOMAIN OF WTO
RULES BY ABOLISHING ALL QUOTAS BY THE END OF 2004.
LIBERALIZATION OF TRADE FOLLOWING THE URUGUAY
ROUND AGREEMENT PRESENTS OPPORTUNITIES AS WELL AS
CHALLENGES FOR A DEVELOPING COUNTRY LIKE BANGLADESH IN
RMG SECTOR.
FROM THE SURVEY WE HAVE FOUND SOME
TREMENDOUS INFORMATION THAT HELP TO
BUILD OUR PRACTICAL KNOWLEDGE ABOUT
THE GARMENTS INDUSTRY OF OUR COUNTRY.
THROUGH OUR SURVEY WE TRY TO BRING
OUT THE PRESENT SITUATION, PROBLEMS
AND THE PROSPECTS OF THESE INDUSTRIES.
IN THESE ASPECTS WE DIVIDED OUR FINDING
INTO THREE MAIN PARTS. FIRST PART
CONTAINS THE GENERAL INFORMATION
ABOUT THE GARMENTS INDUSTRIES OF OUR
COUNTRY AND THE OTHER SECOND AND
THIRD PART CONTAINS THE PROBLEMS AND
THE PROSPECTS OF THESE INDUSTRIES
SEQUENTIALLY.
Finding
COMPANY PROFILE
We take information from one leading garments company
to identify the problem of this sector. Short profile of the
Company are given below-
Millenium Garments Limited
It is a manufacturing company, established in 1990. More
than 1200 employees found their working place in this
organization. Different types of modern equipment in here to
run the production smoothly. Such as- 450 pcs of different
type of cutting, sewing and finishing machines supplied by
mostly Singer and Brother. Its main market for exporting is
European Countries, USA. And the other customer groups
are Ekinsa, Spain; Vesage,UK; Etam, Singapore; Ventura,
France; Amcobus, U.S.A; Miles, Germany; Star Wear,U.S.A.
It is one of the leading exports Garment Company of our
country
PROBLEMS REGARDING
The garment industry of Bangladesh has been
the key export division and a main source of
foreign exchange for the last 25 years.
Garment factories in Bangladesh provide
employment to 40 percent of industrial
workers. But without the proper laws the
worker are demanding their various wants.
Low working salary is another vital fact which
makes the labor conflict. Insufficient
government policy about this sector is a
great problem in Garments Company. There
are some other problems which are associated
with this sector.
BANGLADESH FACES THE CHALLENGE OF
GLOBALIZATION
Bangladesh faces the challenge of achieving accelerated
economic growth and alleviating the massive poverty that
afflicts nearly two-fifths of its 135 million people. To meet this
challenge, market-oriented liberalizing policy reforms were
initiated in themid-1980s and were pursued much more
vigorously in the 1990s. These reforms were particularly
aimed at moving towards an open economic regime and
integrating with the global economy.
Bangladesh is surpassed only by China and Cape Verde.
While most low-income countries depend largely on
the export of primary commodities, Bangladesh has made the
transition from being primarily a jute-exporting country
to garment-exporting one.
RECOMMENDATION:
 Our Garments industries can improve their position in the
world map by reducing the overall problems. Such as
management labor conflict, proper management policy,
efficiency of the manager, maintainable time schedule for the
product, proper strategic plan etc.
 Government also have some responsibility to improve the
situation by providing- proper policy to protect the garments
industries, solve the license problem, quickly loading facility
in the port, providing proper environment for the work, keep
the industry free from all kind of political problem and the
biasness. Credit must be provided when the industry fall in
need.
 To be an upper position holder in the world Garments Sector
there is no way except follow the above recommendations.
We hope by maintaining proper management and policy
strategies our country will take the apex position in future.
CONCLUSION
The Ready-Made Garments (RMG) industry occupies a unique
position in the Bangladesh economy. It is the largest exporting
industry in Bangladesh, which experienced phenomenal growth
during the last 25 years.
The industry plays a key role in employment generation and in
the provision of income to the poor.
The government and the RMG sector would have to jointly
work together to maintain competitiveness in the global RMG
market. Given the remarkable entrepreneurial initiatives and
the dedication of its workforce, Bangladesh can look forward
to advancing its share of the global market.
THANKS FOR
JOINING OUR
SESSION

More Related Content

What's hot

Assignment on garments....
Assignment on garments....Assignment on garments....
Assignment on garments....
ahad003
 
History of garments in Bangladesh
History of garments in BangladeshHistory of garments in Bangladesh
History of garments in Bangladesh
Mainul Morshed
 
History of apparel industry in bnagladesh
History of apparel industry in bnagladeshHistory of apparel industry in bnagladesh
History of apparel industry in bnagladesh
Liton Ahmed
 
Rmg sector past present & future
Rmg sector past present & futureRmg sector past present & future
Rmg sector past present & future
rakib41
 

What's hot (20)

Assignment on garments....
Assignment on garments....Assignment on garments....
Assignment on garments....
 
Rmg sector in bangladesh
Rmg sector in bangladeshRmg sector in bangladesh
Rmg sector in bangladesh
 
Ready Made Garments (RMG) in International Market
Ready Made Garments (RMG) in International MarketReady Made Garments (RMG) in International Market
Ready Made Garments (RMG) in International Market
 
Internship report of Turag Garments & Hosiery Mills Ltd.
Internship report  of Turag Garments & Hosiery Mills Ltd.Internship report  of Turag Garments & Hosiery Mills Ltd.
Internship report of Turag Garments & Hosiery Mills Ltd.
 
Comparative study of compliant & non compliant RMG
Comparative study of compliant & non  compliant RMGComparative study of compliant & non  compliant RMG
Comparative study of compliant & non compliant RMG
 
Problems and Prospect of RMG Sector in Bangladesh
Problems and Prospect of RMG Sector in BangladeshProblems and Prospect of RMG Sector in Bangladesh
Problems and Prospect of RMG Sector in Bangladesh
 
History of garments in Bangladesh
History of garments in BangladeshHistory of garments in Bangladesh
History of garments in Bangladesh
 
Readymade garments industry of bangladesh
Readymade garments industry of bangladeshReadymade garments industry of bangladesh
Readymade garments industry of bangladesh
 
Prospects of Textile Sector in BANGLADESH
Prospects of Textile Sector in BANGLADESHProspects of Textile Sector in BANGLADESH
Prospects of Textile Sector in BANGLADESH
 
The opportunity and challenges of Bangladesh RMG Sector in next Five Years
The opportunity and challenges of Bangladesh RMG Sector in next Five Years The opportunity and challenges of Bangladesh RMG Sector in next Five Years
The opportunity and challenges of Bangladesh RMG Sector in next Five Years
 
Garments industry and bangladesh presentation
Garments industry and bangladesh presentationGarments industry and bangladesh presentation
Garments industry and bangladesh presentation
 
Industrial attachment of divine group of industries limited (dgi).
Industrial attachment of divine group of industries limited (dgi).Industrial attachment of divine group of industries limited (dgi).
Industrial attachment of divine group of industries limited (dgi).
 
History of apparel industry in bnagladesh
History of apparel industry in bnagladeshHistory of apparel industry in bnagladesh
History of apparel industry in bnagladesh
 
Rmg sector past present & future
Rmg sector past present & futureRmg sector past present & future
Rmg sector past present & future
 
Working environment of RMG sector in bangladesh
Working environment of RMG sector in bangladeshWorking environment of RMG sector in bangladesh
Working environment of RMG sector in bangladesh
 
Prospects of garments
Prospects of garmentsProspects of garments
Prospects of garments
 
Compliance issues on bd gmt
Compliance issues on bd gmt Compliance issues on bd gmt
Compliance issues on bd gmt
 
Woven garments merchandising
Woven garments merchandisingWoven garments merchandising
Woven garments merchandising
 
Compliance system in rmg industry in bangladesh
Compliance system in rmg industry in bangladeshCompliance system in rmg industry in bangladesh
Compliance system in rmg industry in bangladesh
 
Duties and responsibilities of different department
Duties and responsibilities of different departmentDuties and responsibilities of different department
Duties and responsibilities of different department
 

Viewers also liked

An Investigation of Value Creation through Business Model Innovation in the ...
An Investigation of Value Creation through Business Model Innovation  in the ...An Investigation of Value Creation through Business Model Innovation  in the ...
An Investigation of Value Creation through Business Model Innovation in the ...
Xiaolei Yan
 
Value reation, co-production and co-creation in NGO-operated clothing industry
Value reation, co-production and co-creation in NGO-operated clothing industryValue reation, co-production and co-creation in NGO-operated clothing industry
Value reation, co-production and co-creation in NGO-operated clothing industry
Md. Abul Kalam Siddike
 

Viewers also liked (14)

Rmg sector of bangladesh
Rmg sector of bangladeshRmg sector of bangladesh
Rmg sector of bangladesh
 
Ready made garments of bangladesh
Ready made garments of bangladeshReady made garments of bangladesh
Ready made garments of bangladesh
 
Maximize Value Creation From Technology Acquisitions
Maximize Value Creation From Technology AcquisitionsMaximize Value Creation From Technology Acquisitions
Maximize Value Creation From Technology Acquisitions
 
Compare Fashion Education of BUFT& SMUCT.
Compare Fashion Education of BUFT& SMUCT.Compare Fashion Education of BUFT& SMUCT.
Compare Fashion Education of BUFT& SMUCT.
 
Value Creation Has Shifted
Value Creation Has ShiftedValue Creation Has Shifted
Value Creation Has Shifted
 
BGMEA
BGMEABGMEA
BGMEA
 
An Investigation of Value Creation through Business Model Innovation in the ...
An Investigation of Value Creation through Business Model Innovation  in the ...An Investigation of Value Creation through Business Model Innovation  in the ...
An Investigation of Value Creation through Business Model Innovation in the ...
 
BGMEA-Bangladesh Garment Manufacturers and Exporters Association
BGMEA-Bangladesh Garment Manufacturers and Exporters AssociationBGMEA-Bangladesh Garment Manufacturers and Exporters Association
BGMEA-Bangladesh Garment Manufacturers and Exporters Association
 
Corporate value creation and drivers
Corporate value creation and driversCorporate value creation and drivers
Corporate value creation and drivers
 
Value reation, co-production and co-creation in NGO-operated clothing industry
Value reation, co-production and co-creation in NGO-operated clothing industryValue reation, co-production and co-creation in NGO-operated clothing industry
Value reation, co-production and co-creation in NGO-operated clothing industry
 
A Service Portfolio Model for Value Creation in Networked Enterprise Systems
A Service Portfolio Model for Value Creation in Networked Enterprise SystemsA Service Portfolio Model for Value Creation in Networked Enterprise Systems
A Service Portfolio Model for Value Creation in Networked Enterprise Systems
 
The 6 Market dynamics
The 6 Market dynamicsThe 6 Market dynamics
The 6 Market dynamics
 
RMG of Bangladesh
RMG of BangladeshRMG of Bangladesh
RMG of Bangladesh
 
Value Creation Plane
Value Creation PlaneValue Creation Plane
Value Creation Plane
 

Similar to Problem and prospects of garments industry in bangladesh

Global competition in rmg related industry and bangladeshs present position
Global competition in rmg related industry and bangladeshs present positionGlobal competition in rmg related industry and bangladeshs present position
Global competition in rmg related industry and bangladeshs present position
Marchant Sajib
 

Similar to Problem and prospects of garments industry in bangladesh (20)

Strength & weakness of Textile Sector
Strength & weakness of Textile Sector Strength & weakness of Textile Sector
Strength & weakness of Textile Sector
 
WPT presentation.pdf
WPT presentation.pdfWPT presentation.pdf
WPT presentation.pdf
 
AMT.pdf
AMT.pdfAMT.pdf
AMT.pdf
 
Report on External and Internal Environment Analysis
Report on External and Internal Environment AnalysisReport on External and Internal Environment Analysis
Report on External and Internal Environment Analysis
 
Contribution of RMG sector in National Economy Of Bangladesh
Contribution of RMG sector in National Economy Of  BangladeshContribution of RMG sector in National Economy Of  Bangladesh
Contribution of RMG sector in National Economy Of Bangladesh
 
2019 ptak 100% (industry 4.0 and the bangladesh apparel sector)
2019 ptak 100% (industry 4.0 and the bangladesh apparel sector)2019 ptak 100% (industry 4.0 and the bangladesh apparel sector)
2019 ptak 100% (industry 4.0 and the bangladesh apparel sector)
 
Current Scenario Analysis of RMG.pdf
Current Scenario Analysis of RMG.pdfCurrent Scenario Analysis of RMG.pdf
Current Scenario Analysis of RMG.pdf
 
Global competition in rmg related industry and bangladeshs present position
Global competition in rmg related industry and bangladeshs present positionGlobal competition in rmg related industry and bangladeshs present position
Global competition in rmg related industry and bangladeshs present position
 
Measures of health and safety in textile industry
Measures of health and safety in textile industry Measures of health and safety in textile industry
Measures of health and safety in textile industry
 
Garments Industry of Bangladesh Economy
Garments Industry of Bangladesh EconomyGarments Industry of Bangladesh Economy
Garments Industry of Bangladesh Economy
 
Garments Industry of Bangladesh Economy
Garments Industry of Bangladesh EconomyGarments Industry of Bangladesh Economy
Garments Industry of Bangladesh Economy
 
History Of Textile Industry In Bangladesh
History Of Textile Industry In BangladeshHistory Of Textile Industry In Bangladesh
History Of Textile Industry In Bangladesh
 
RMG Market All Over The World
RMG Market  All Over The WorldRMG Market  All Over The World
RMG Market All Over The World
 
Productivity and Competitiveness of RMG Industry and policy for Improvement
Productivity and Competitiveness of RMG Industry and policy for ImprovementProductivity and Competitiveness of RMG Industry and policy for Improvement
Productivity and Competitiveness of RMG Industry and policy for Improvement
 
Bangladeh industry & apprl.pptx
Bangladeh industry & apprl.pptxBangladeh industry & apprl.pptx
Bangladeh industry & apprl.pptx
 
37. indian readymade garment industry zainab shafi
37. indian readymade garment industry   zainab shafi37. indian readymade garment industry   zainab shafi
37. indian readymade garment industry zainab shafi
 
Price mechanism in the rmg industry of bangladesh
Price mechanism in the rmg industry of bangladeshPrice mechanism in the rmg industry of bangladesh
Price mechanism in the rmg industry of bangladesh
 
Mgt3035 140324095346-phpapp01
Mgt3035 140324095346-phpapp01Mgt3035 140324095346-phpapp01
Mgt3035 140324095346-phpapp01
 
Overview of Bangladesh Garment Industry.pdf
Overview of Bangladesh Garment Industry.pdfOverview of Bangladesh Garment Industry.pdf
Overview of Bangladesh Garment Industry.pdf
 
Bangladesh Garment Industry
Bangladesh Garment IndustryBangladesh Garment Industry
Bangladesh Garment Industry
 

More from khan shamim

More from khan shamim (16)

Customer Satisfaction Analysis on Online Banking Services of Southeast Bank Ltd
Customer Satisfaction Analysis on Online Banking Services of Southeast Bank LtdCustomer Satisfaction Analysis on Online Banking Services of Southeast Bank Ltd
Customer Satisfaction Analysis on Online Banking Services of Southeast Bank Ltd
 
Recruitment & Selection Process of Rupantor Tours & Travels Ltd.
Recruitment & Selection Process of  Rupantor Tours & Travels Ltd.Recruitment & Selection Process of  Rupantor Tours & Travels Ltd.
Recruitment & Selection Process of Rupantor Tours & Travels Ltd.
 
Popular brand of world
Popular brand of worldPopular brand of world
Popular brand of world
 
Entrepreneurship Bangladesh
Entrepreneurship BangladeshEntrepreneurship Bangladesh
Entrepreneurship Bangladesh
 
Marketing mix of Walton Fridge
Marketing mix of Walton Fridge Marketing mix of Walton Fridge
Marketing mix of Walton Fridge
 
Presentation about walton mobile
Presentation about walton mobilePresentation about walton mobile
Presentation about walton mobile
 
chirsty walton & family
chirsty walton & familychirsty walton & family
chirsty walton & family
 
Waltdisneycompanycasestudy
Waltdisneycompanycasestudy Waltdisneycompanycasestudy
Waltdisneycompanycasestudy
 
Chapter07-principals of marketing
Chapter07-principals of marketing Chapter07-principals of marketing
Chapter07-principals of marketing
 
Development grant to colleges during the eleventh plan period
Development grant to colleges during the eleventh plan period Development grant to colleges during the eleventh plan period
Development grant to colleges during the eleventh plan period
 
Internet is a threat in financial secotr
Internet is a threat in financial secotr Internet is a threat in financial secotr
Internet is a threat in financial secotr
 
P&G marketing startgy
P&G marketing startgy P&G marketing startgy
P&G marketing startgy
 
A garment industry whole managment
A garment industry whole managment A garment industry whole managment
A garment industry whole managment
 
Gillette Marketing stratgy
Gillette Marketing stratgy Gillette Marketing stratgy
Gillette Marketing stratgy
 
Managerial accounting
Managerial accountingManagerial accounting
Managerial accounting
 
Marketing
MarketingMarketing
Marketing
 

Recently uploaded

Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecJual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
ZurliaSoop
 
Structuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdfStructuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdf
laloo_007
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
daisycvs
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 

Recently uploaded (20)

How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Power point presentation on enterprise performance management
Power point presentation on enterprise performance managementPower point presentation on enterprise performance management
Power point presentation on enterprise performance management
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecJual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
 
Structuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdfStructuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdf
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow ChallengesFalcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 
Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Over the Top (OTT) Market Size & Growth Outlook 2024-2030Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Over the Top (OTT) Market Size & Growth Outlook 2024-2030
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All TimeCall 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 

Problem and prospects of garments industry in bangladesh

  • 2. PRESENTATION TOPIC PROBLEM AND PROSPECTS OF GARMENTS INDUSTRY IN BANGLADESH
  • 3. The tremendous success of readymade garment exports from Bangladesh over the last two decades has surpassed the most optimistic expectations. Today the apparel export sector is a multi-billion-dollar manufacturing and export industry in the country. The overall impact of the readymade garment exports is certainly one of the most significant social and economic developments in contemporary Bangladesh. With over one and a half million women workers employed in semi-skilled and skilled jobs producing clothing for exports, the development of the apparel export industry has had far- reaching implications for the society and economy of Bangladesh.
  • 4. Data collection For the assessment, for and secondary data was collected. For we interviewed one Garments. Company through using a structured questionnaire. Personal interview technique was applied while fill up the questionnaire on respondents. Scope of the Study This study has focused upon the various problems regarding with the garments company and the prospect of these industries. We have taken 5 garments company to gather data on the present situation of the garments industries as well as problem regarding and Ate industries
  • 5. LIMITATIONS OF THE STUDY Above all, this study is weak in some points. The survey was conducted in a very short time so we were not able to collect more information. This survey made on crisis situation of Bangladesh, so it was difficult to collect more samples. Only the big and the reputed Garments Company consider here as sample. The questionnaire contains some questions that, if answered properly, might damage the company’s image. In this type of questions, the respondents might provide socially acceptable answers. This risk was unavoidable. Another limitation of this study is the person’s private information were not disclosing some, data and information for obvious reasons, which could be very much useful. Lack of experience in this field. Lack of proper authority to conduct the interview program
  • 6. GARMENT IS THE LARGEST EXPORTING INDUSTRY IN BANGLADESH, WHICH EXPERIENCED PHENOMENAL GROWTH DURING THE LAST 20 YEARS. BY TAKING ADVANTAGE OF AN INSULATED MARKET UNDER THE PROVISION OF MULTI FIBER AGREEMENT (MFA).THE INDUSTRY PLAYS A KEY ROLE IN EMPLOYMENT GENERATION AND IN THE PROVISION OF INCOME TO THE POOR. NEARLY TWO MILLION WORKERS ARE DIRECTLY AND MORE THAN TEN MILLION INHABITANTS ARE INDIRECTLY ASSOCIATED WITH THE INDUSTRY. OVER THE PAST TWENTY YEARS, THE NUMBER OF MANUFACTURING UNITS HAS GROWN FROM 180 TO OVER 3600.THE AGREEMENT ON TEXTILE AND CLOTHING (ATC) INTRODUCED IN 1994, AIMED AT BRINGING TEXTILES AND CLOTHING WITHIN THE DOMAIN OF WTO RULES BY ABOLISHING ALL QUOTAS BY THE END OF 2004. LIBERALIZATION OF TRADE FOLLOWING THE URUGUAY ROUND AGREEMENT PRESENTS OPPORTUNITIES AS WELL AS CHALLENGES FOR A DEVELOPING COUNTRY LIKE BANGLADESH IN RMG SECTOR.
  • 7. FROM THE SURVEY WE HAVE FOUND SOME TREMENDOUS INFORMATION THAT HELP TO BUILD OUR PRACTICAL KNOWLEDGE ABOUT THE GARMENTS INDUSTRY OF OUR COUNTRY. THROUGH OUR SURVEY WE TRY TO BRING OUT THE PRESENT SITUATION, PROBLEMS AND THE PROSPECTS OF THESE INDUSTRIES. IN THESE ASPECTS WE DIVIDED OUR FINDING INTO THREE MAIN PARTS. FIRST PART CONTAINS THE GENERAL INFORMATION ABOUT THE GARMENTS INDUSTRIES OF OUR COUNTRY AND THE OTHER SECOND AND THIRD PART CONTAINS THE PROBLEMS AND THE PROSPECTS OF THESE INDUSTRIES SEQUENTIALLY. Finding
  • 8. COMPANY PROFILE We take information from one leading garments company to identify the problem of this sector. Short profile of the Company are given below- Millenium Garments Limited It is a manufacturing company, established in 1990. More than 1200 employees found their working place in this organization. Different types of modern equipment in here to run the production smoothly. Such as- 450 pcs of different type of cutting, sewing and finishing machines supplied by mostly Singer and Brother. Its main market for exporting is European Countries, USA. And the other customer groups are Ekinsa, Spain; Vesage,UK; Etam, Singapore; Ventura, France; Amcobus, U.S.A; Miles, Germany; Star Wear,U.S.A. It is one of the leading exports Garment Company of our country
  • 9. PROBLEMS REGARDING The garment industry of Bangladesh has been the key export division and a main source of foreign exchange for the last 25 years. Garment factories in Bangladesh provide employment to 40 percent of industrial workers. But without the proper laws the worker are demanding their various wants. Low working salary is another vital fact which makes the labor conflict. Insufficient government policy about this sector is a great problem in Garments Company. There are some other problems which are associated with this sector.
  • 10. BANGLADESH FACES THE CHALLENGE OF GLOBALIZATION Bangladesh faces the challenge of achieving accelerated economic growth and alleviating the massive poverty that afflicts nearly two-fifths of its 135 million people. To meet this challenge, market-oriented liberalizing policy reforms were initiated in themid-1980s and were pursued much more vigorously in the 1990s. These reforms were particularly aimed at moving towards an open economic regime and integrating with the global economy. Bangladesh is surpassed only by China and Cape Verde. While most low-income countries depend largely on the export of primary commodities, Bangladesh has made the transition from being primarily a jute-exporting country to garment-exporting one.
  • 11. RECOMMENDATION:  Our Garments industries can improve their position in the world map by reducing the overall problems. Such as management labor conflict, proper management policy, efficiency of the manager, maintainable time schedule for the product, proper strategic plan etc.  Government also have some responsibility to improve the situation by providing- proper policy to protect the garments industries, solve the license problem, quickly loading facility in the port, providing proper environment for the work, keep the industry free from all kind of political problem and the biasness. Credit must be provided when the industry fall in need.  To be an upper position holder in the world Garments Sector there is no way except follow the above recommendations. We hope by maintaining proper management and policy strategies our country will take the apex position in future.
  • 12. CONCLUSION The Ready-Made Garments (RMG) industry occupies a unique position in the Bangladesh economy. It is the largest exporting industry in Bangladesh, which experienced phenomenal growth during the last 25 years. The industry plays a key role in employment generation and in the provision of income to the poor. The government and the RMG sector would have to jointly work together to maintain competitiveness in the global RMG market. Given the remarkable entrepreneurial initiatives and the dedication of its workforce, Bangladesh can look forward to advancing its share of the global market.