Product development is important for the Bangladeshi RMG sector. It helps to increase product quality, production capacity, product and industry reputation, product value, and international goodwill. New product development is crucial for business survival and competitiveness as it allows businesses to adapt to changes and remain relevant. For the RMG sector, focusing on quality is especially important for new product success in the market. Overall, product development is a key business strategy that supports competitiveness and longevity.