Write short notes on the followings below
Industry is the means of gaining economic power of any country. Readymade garments industry of Bangladesh has carved out a nice for itself. It has emerged as a profitable, quick yielding investment sector and opened up a wide scope for entrepreneurship development in the garments sector as well as in linkage industries and support services. So, garments industry in Bangladesh has developed an educated, young and hardworking entrepreneurial class which was absent in the country. This sector has generated direct employment opportunities for 4.0 million workers of which 90% are female workers. Besides, more than 0.8 million workers are engaged in accessory industries related to the garment industries. On the other hand 16 million people are indirectly dependent on the RMG industries. It has emerged as a hundred percent export oriented industry and ever since the beginning in 1978-79; the country earned foreign exchange from garments export at a very fast growing rate. In fiscall year 2023-24 the export earning from garments totalled $ 36,151.31 million. Even after the tragic incidents at Tazreen Fashions and Rana Plaza, the export earnings proved that Bangladesh has not lost its competitiveness in the RMG sector. Through garments industry of Bangladesh improving day by day, it suffers from a number of drawbacks. One of the major problems faced by the apparel exporting firms in Bangladesh is their great dependence on imports of fabrics and accessories from abroad. According to some 15 percent of the demand for fabrics of the garments industry units. Our garments sector also lacks modern technology. It is mainly dependent on manual labour. The quality of our garments products is not so good. Because our garments sector lacks skilled and technologyically trained labour force. For acquirng the competitive capacity in a free quota market and to accelerate the growth of our garments sector we should overcome our drawbacks and maintain international standards of our products. After all, the country has the opportunity to build up increased capabilities to adjust to the changing industry conditions through market and product diversification as well as to develop the local base through growth of the backward linkage industries. So, the need for the hour is to take initiative in this direction by our government as well as our business community thereafter.
আপনি আমাকে যেকোনো প্রশ্ন করতে পারেন, যেমনঃ
Are you sure to start over?