RMG industry in Bangladesh has always been the country's backbone. Being the 3rd largest apparel exporter in the world after China and Vietnam, the South Asian apparel manufacturing powerhouse is showing good signs in its global apparel exports. Team Apparel Resources has prepared a presentation to let the readers everything know about Bangladesh's RMG industry.
RMG industry in Bangladesh has always been the country's backbone. Being the 3rd largest apparel exporter in the world after China and Vietnam, the South Asian apparel manufacturing powerhouse is showing good signs in its global apparel exports. Team Apparel Resources has prepared a presentation to let the readers everything know about Bangladesh's RMG industry.
Problem and prospects of garments industry in bangladeshkhan shamim
Problem and prospects of garments industry in Bangladesh.
Introduction,Data collection,Scope of the Study,Limitations of the study,Finding,Company profile,Millenium Garments Limited,Problems Regarding,Bangladesh Faces the Challenge of Globalization,Recommendation,Conclusion.
Problems and Prospect of RMG Sector in BangladeshTasnim Fahim
Problems and Prospect of RMG Sector in Bangladesh. This presentation Made By Tasnim Alam. He is a studen of National institute of fashion technology(NIFT).He study Apparel Manufacture Technology(AMT).
1950 was the beginning of RMG in the Western world. In order to control the level of imported RMG products from developing countries into developed countries, the Multi Fibre Agreement (MFA) was made in 1974. In the early 1980s Bangladesh started receiving investment in the RMG sector,then there was about 50 factories.At present more than 4000 garment factory available in Bangladesh.
Problem and prospects of garments industry in bangladeshkhan shamim
Problem and prospects of garments industry in Bangladesh.
Introduction,Data collection,Scope of the Study,Limitations of the study,Finding,Company profile,Millenium Garments Limited,Problems Regarding,Bangladesh Faces the Challenge of Globalization,Recommendation,Conclusion.
Problems and Prospect of RMG Sector in BangladeshTasnim Fahim
Problems and Prospect of RMG Sector in Bangladesh. This presentation Made By Tasnim Alam. He is a studen of National institute of fashion technology(NIFT).He study Apparel Manufacture Technology(AMT).
1950 was the beginning of RMG in the Western world. In order to control the level of imported RMG products from developing countries into developed countries, the Multi Fibre Agreement (MFA) was made in 1974. In the early 1980s Bangladesh started receiving investment in the RMG sector,then there was about 50 factories.At present more than 4000 garment factory available in Bangladesh.
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India’s textile and clothing (T&C) sector is one of the oldest industries which has been playing a vital role to strengthen the Indian economy. Though the sector has faced a lot of fluctuations in recent times, the solid foundation of the sector is tough to be shattered. Team Apparel Resources prepares a presentation on the same to let the readers know more about Indian T&C sector, its present situation and the future directions.
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2. INTRODUCTION
60% of the export contracts of western
brands are with European buyers and about
40% with American buyers.Only 5% of
factories are owned by foreign investors,
with most of the production being
controlled by local investors
Contribution to the people
Huge economical aspect
Major exporting products
3. HISTORY
From 1947 to 1971,
most textile
industries were
owned byWest
Pakistanis
Nationalization of
industries after
1971 and rise of
BTMC
(Bangladesh
Textile Mills
Corporation)
Gradual
Denationalization
of production of
textiles after 1982
New Industrial
Policy (NPI),
Creation of Export
Processing Zones
(EPZs) &
encouragement of
direct foreign
investment
5. SUB-SECTORSOF TEXTILEINDUSTRY
Spinning
Weaving/ fabric manufacturing
Knitting
Dying-printing-finishing
Export Oriented Garments
Another part can be added- Washing plant
6. SL
Sub-sector No. of units Installed Capacity Production
Capacity in a year
1 Spinning 385 8.7 million spindle
0.23 million rotor
2050 million kgs
2 Weaving/Fabric manufacturing 721 17250 shuttle less
13500 shuttle
2150 million meter
1. Weaving
2. Denim
3. Home Textile
4. Knitting
584
20
17
100
3 Dyeing-Printing-Finishing 233 2200 million meter
4 Export oriented garment industry 5150 561 million dozen
7. ECONOMICAL ASPECT
Single source of economical growth in Bangladesh’s rapidly developing
economy
In 2010, people under poverty line become 31.5% from 2005’s 40%
The garment industry accounts for 76% of the country's export earnings
and 10% of its GDP & 40% of industrial value addition
The export value of the readymade garments are expected to touch 22
billion USD this fiscal year. In the fiscal year 2010-2011 country’s apparel
export was 17 billion USD
9. One dedicated textile university, one dedicated clothing university (in
the pipeline), one dedicated research institute
Textile post graduation (masters) in 1 public university and 2 private
universities
Textile under graduation (degree) in 2 public universities, 5 government
textile colleges and 13 private universities, about 6 private institutes
Textiles diploma in 2 government institutes, (3 more in the pipeline), 67
private institutes
Textile vocational courses in 40 government institutes, (23 more
proposed), 5 private institutes.
10. HUMAN RESOURCES
LEVEL Existing At 2009 Required In
2014-15
Gap
Ph .D 25 1087 1062
Masters 65 4708 4643
B. Sc. Engg./Tech. 2034 19996 17962
Diploma 3520 44863 41343
Total 5644 70654 65010
11. SUCCCESS OFTEXTILE SECTOR
Economical boost of the country
2nd leading country in global clothing market
Employment of about 5.5 million people
Empowerment ofWomen
Self sufficiency
Radically transformed the socio-economic condition of the country which raised awareness
regarding children education, health safety, population control, disaster management and so on
15. PROBLEMS FACED BYTHETEXTILE INDUSTRY
Large demand-supply gap
Insufficient & irregular power supply
Accession of China inWTO
Extremely high bank charges and interest rates
High handling charges for shipping
Lack of co-ordination among various government agencies
Political issues
16. FAILUREINTHIS INDUSTRY
01
• No international qualified brand
• InsufficientCotton Production
02
• Inadequate skilled workers
• No separated area for textile industry
03
• Safety Issue
• Insufficient Labor Law regarding this industry
17. ONE THING TO SAY , WHILE
MOST OF THE COUNTRIES WILL
STRUGGLE TO MAINTAIN THEIR
INDUSTRY, BANGLADESH MOST
LIKELY WILL GROW FURTHER !!
Conclusion----------------------------