Prospects of Garment Industry in Bangladesh: 1. Financial Prospect: Over the last fifteen years or so the garments industries have emerged as the largest source of earning foreign currency. Industry Sector: 2.5 In the industry sector‚ which contributed 29.7 percent of GDP‚ growth rate slowed down from 6.8 percent of FY08 to 5.9 percent in FY09. Within this sub-sector knitwear‚ rice milling‚ dairy products‚ leather products‚ footwear‚ embroidery‚ wooden furniture‚ paper and paper products‚ nonmetallic
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GARMENT FACTORY TRAGEDY IN BANGLADESH Bangladesh‚ the world’s second largest garment exporter‚ earns more than 10 per cent of its GDP from readymade garment factories. The country has about 4‚500 factories‚ employing around 4million people. But worker in garment work at a very law price and in a very insecure condition taking the risk of life. Moreover this readymade garment sector has become a death trap for the workers in Bangladesh. Building collapse and fire are very frequent incident in this
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Marketing Intake: 17th 3. Presentation topic: Current problem and prospect of Garments industry in Bangladesh “A study on R.M.KNIT FASHION.LTD” 4. Objective of the study:Broad objective:q The broad objective of this report is to identify the current problems and prospects of R.M.KNIT FASHION.LTDSpecific objectives:q To identify the current problems of R.M.KNIT FASHION.LTD.q To find out the current position of Bangladeshi garments industry in the world.q To identify the growth and trends of R.M
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Threat of new Entrants. 5. Threat of substitutes. The southern Asian country of Bangladesh‚ bordered by India and Burma‚ has a population of approximately 164 million people. The Bangladesh economy has grown an average of six percent a year over the last two decades. The readymade garments (RMG) industry contributes to the Bangladesh economy in a distinctive manner. The last 20 years witnessed remarkable growth in this sector‚ which is also the largest exporting industry in Bangladesh. The
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HRD department was decorated and totally separated from other department on November 19‚ 2005 at the tenth floor of the corporate building of concord centre‚ 43 North Commercial Area‚ Gulshan‚ Dhaka-1212‚ Bangladesh. While
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: AMM306 MD. Rabiul islam Semester : 6th Apparel Merchandising work flow and business analysis. Operation stepladder in Merchandising process Start to end considering an order Profiling‚ communication‚ introducing Business Development Product (Garments) Development Manual‚ CAD/CAM Design Development Buyer/ Suppliers Negotiation Order confirmation Price Quotation Master L/C opening Order projection Product Package Received B.B L/C opening Time & Action plan Raw Materials
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Introduction: Bangladesh is still a developing country but the tremendous growth prospect that this country has shown and still showing on for some time now signals the bright future that Bangladesh possesses. There are some industries and sectors which have provided the country with the phenomenal start and necessary speed that is required for an annual 6-7% growth over the past few years. Readymade garments industry is one of those sectors. After the emergence of Bangladesh‚ radical change has
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Garments industry in Bangladesh Although Bangladesh is not developed in industry‚ it has been enriched in Garment industries in the recent past years. In the field of Industrialization garment industry is a promising step. It has given the opportunity of employment to millions of unemployed‚ specially innumerable uneducated women of the country. It is making significant contribution in the field of our export income. History of our cloth Industry: Once the cloth of Bangladesh achieved worldwide
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Jinjian Garment Factory 1. At this time the piecework system seems to be the most appropriate earnings system for the employees in the region. There are over 1000 garment factories in the province that use this system as the norm. If Mr. Lou were to be the first to change this system‚ it could cause backlash and loss of the already rare and qualified employees. 2. Pros of the piecework system in Shenzhen: The piece work system can be cost effective for management since the company is only
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THE GARMENT INDUSTRY OF BANGLADESH Introduction: The garment industry has played a pioneering role in the development of industrial sector of Bangladesh. Though it took a rather late start i.e.‚ in 1976 but it soon established its reputation in the world market within a short span of time. Resultantly garment is now one of the main export items of the country. Besides‚ enriching the country’s economy it has played a very important role in alleviating unemployment. At present there are more than
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