Bangladesh’s readymade garment (RMG) industry is the powerhouse of the national economy, accounting for nearly 85 percent of export earnings and employing millions, particularly women from vulnerable communities.
The Bangladeshi manufacturing sector, particularly textiles and garments, is vital to the global supply chain. Despite its strategic importance, the sector faces significant headwinds, especially in terms of worker welfare.
China is getting expensive and shifting industries within the country
Causing some trepidation in the hearts of Bangladesh's readymade garment (RMG) sector leaders is the newly imposed 37 percent tariff by the United States on Bangladeshi imports. The move comes just as the economy was finding its feet after a regime change, making it a moment of critical reflection for the industry.
Bangladesh’s readymade garment (RMG) industry is the powerhouse of the national economy, accounting for nearly 85 percent of export earnings and employing millions, particularly women from vulnerable communities.
The Bangladeshi manufacturing sector, particularly textiles and garments, is vital to the global supply chain. Despite its strategic importance, the sector faces significant headwinds, especially in terms of worker welfare.
China is getting expensive and shifting industries within the country
Causing some trepidation in the hearts of Bangladesh's readymade garment (RMG) sector leaders is the newly imposed 37 percent tariff by the United States on Bangladeshi imports. The move comes just as the economy was finding its feet after a regime change, making it a moment of critical reflection for the industry.
