RMG and Textile

The global apparel industry has been left reeling from the impact of the Coronavirus pandemic as supply chains have been disrupted, trade has dwindled to near-stagnancy, and sentiments have flared, claiming this may be the fulcrum for a new anti-consumerism culture. In McKinsey & Company’s State of Fashion 2020, it was estimated from a survey […]

The Garments Industry has been considered a lifeline for our economy for a few decades now. However, in recent years, it has not been seeing considerable growth.  We can see that not only has the number of new RMG factories every year has been increasing, it saw a significant drop during the 2013-14 period. This […]

The Covid-19 pandemic has had a profound impact on the supply chain and demand for the apparel sector. Top exporters like Bangladesh have started feeling the heat due to raw material sourcing challenges and cancelled orders. The performance of the RMG sector is more critical for an economy like Bangladesh, since apparel contributes 84% of […]

Whenever the agenda of growth-drivers is in focus within the context of Bangladesh, the conversation is rarely bereft of the Ready-Made Garments (RMG) Industry.  In terms of employment, The Center for Policy Dialogue (CPD) reported that the sector employs approximately 3.5 million people, of which, approximately 60.8% are women. The country’s RMG exports make up […]

Ready-Made Garments (RMG) Industry of Bangladesh is an extremely important growth-driver and has been since it began to thrive in the 1970s as a consequence of the International Multi-Fiber Agreement. The country’s RMG exports make up the majority of its overall exports, standing at 84.21% as of 2018-2019. The Sector also employs approximately 3.5 million […]

Our stories have been read by thousands, over the past year. It reflects the hope and curiosity of modern business leaders in every sector with the anticipation of a better 2020. Find out the 10 most read in 2019.

Despite being a developing country with a ready-made garments sector that is focused on cheap production, Bangladesh leads the world in “green RMG” . Green RMG, the increase of which has also been termed the green revolution, refers to environmentally-sustainable production practices in the sector. It includes waste management, energy efficiency, and water conservation. As […]

The leather industry was shocked by a steep decline in rawhide prices during Eid-ul-Adha this year. This time of year is when a significant supply of rawhide is generated for the leather tanneries throughout the country, but people were seen throwing away the rawhides from their sacrificed cows due to an inability to get fair […]

Coupled with artificial intelligence and the internet of things, automation has become a key necessity in the 4th industrial revolution, automating complex processes which were once only possible through humans. And as the tides change throughout the world with the new developments in technology and remaking of global supply chains due to the US China […]

Bangladesh’s affiliation with cloth has a long history. From being renowned throughout the world and even conquered by the British for its high-quality muslin, silk, and pure cotton, to becoming the second-largest ready-made garments producer in the world , the country has long depended on the textile industry for its growth. The production of RMG […]

Bangladesh, the largest cotton importer of the world, up till 2017, could meet 1% of its cotton demand despite being an agriculture based country. Currently, Bangladesh imports USD 3 billion worth of cotton a year. Stable and controlled cotton supply is an essential need for the burgeoning RMG sector, which contributes 82% of the country’s […]