Ready Made Garment (RMG)
Sector of Bangladesh
Presented by
Tanoy Datta Mridula Haque Chowdhury
(ID: 2401-0501-022) (ID: 2401-0501-025)
Fahim Hassan Bipratip Sushil Prapta
(ID: 2401-0501-023) (ID: 2401-0501-026)
Noor -A- Tasnim Nawshin Kabir Adhora
(ID: 2401-0501-024) (ID: 2401-0501-027)
Outline:
Introduction of RMG sector
Socio economic impact of RMG
Opportunities and challenges of RMG
sector
Overcoming challenges of Bangladesh’s
RMG sector
Automation & Global supply chain
demand
Future and possibilities of RMG sector
Conclusion
Bangladesh's RMG Sector:
A Dynamic Force
The ready garments sector in Bangladesh is the cornerstone of
Bangladesh's economy accounting for over 80% of the country's
total export and employing millions of workers mostly women. It
began in the 1980's and since has become the second largest
apparel exporter in the world following China. The sector's success
can be attributed to a combination of low labor cost, favorable trade
environment and governments support.
Socio-economic Impact of RMG
Economic Contributions Social
Employment Generation Impact
Women's empowerment
GDP Growth Improved Living
Foreign Exchange Standards
Skill Development
Opportunities
and Challenges
Opportunitie Challenge
s s Worker safety
demand for affordableRising wage and
garments worldwide concerns. Textile
• Leadin pollution and water
with Eco-friendly green g use. Pressure
factories.
Potential countries like Vietnam
from &
high value India.
items. for Dependence
: Growth opportunities
imported raw
Asia & on
Africa. in materials.
Heavy
Automatio
& e-commerce for efficiency & on RMG for export reliance
sales. n earning.
Overcoming
Challenges
Improving Labor
1 2 Sustainable
Standards
practices
3 Product 4 Technological
Diversificatio
Advancement
n
5 Market 6 Strengthening
Supply Chains
Expansion
Automation & Global
Supply Chain Demand
The Ready-Made Garment (RMG) sector in Bangladesh has seen
significant transformation with the increasing demand for automation
to keep pace with global supply chain dynamics. As international
retailers and brands push for faster delivery times and cost
efficiency, Bangladesh's garment industry has embraced
technologies such as robotics, artificial intelligence, and automated
cutting and stitching systems. These advancements not only boost
productivity and reduce labor dependency but also enhance the
industry's competitiveness on the global stage. As the demand for
sustainable and timely production rises, automation is becoming
essential for meeting the evolving requirements of global supply
chains.
Future &
Possibilities
The future of Bangladesh’s RMG sector holds significant promise,
driven by a combination of factor. Continued focus on sustainability
and ethical practices can attract environmentally conscious
consumers . Upgrading technology and embracing automation can
enhance efficiency and quality. Diversification into high-value –
added product and niche markets can open new avenues for
growth. Additionally, strengthening worker rights and improving
working conditions can further bolster the sector’s reputation. By
addressing these key areas, Bangladesh’s RMG industry can
solidify its position as a global leader and contribute to the
country’s economic prosperity .
Conclusion: A Dynamic
Sector
Bangladesh's RMG sector is a testament to the country's
resilience and dynamism. By addressing challenges,
embracing opportunities, and focusing on sustainability, the
industry can continue to grow and contribute to the nation's
prosperity.
THANK
YOU
for your attention
