
Betting on the Future – The Bangladesh IT-ITeS Industry is Poised for Growth
- Author: H Karthik, Prashray Kala, Parul Jain and Rahul Gupta
- Published on: July 22, 2018
Bangladesh – a small South Asian delta packed with a population of ~165 million – is expected to become the next big South Asian economic superpower. Buoyed by a consistent GDP growth rate, large working population, faster technology penetration and planned infrastructural investments, Bangladesh features as one of the top 17 out of 134 countries in the list of World Bank GEP forecast. Discover our curated library to learn more about Bangladesh’s growth story.
With about $15 billion in exports in 2010, ready-made garments are the country’s most important industrial sector; they represent 13 percent and more than 75 percent of GDP and total exports, respectively. McKinsey forecasts export-value growth of 7 to 9 percent annually within the next ten years, so the market will double by 2015 and […]
Bangladesh is emerging as one of the world’s next great growth opportunities for consumer product companies. Every year, 2 million Bangladeshis join the ranks of the middle class and affluent. These consumers are highly optimistic, value foreign brands, and are jumping on the digital bandwagon. While most Bangladeshi consumers are eager to boost their spending […]