Prospects and barriers of RMG Sector in Bangladesh

Prospects and barriers of RMG Sector in Bangladesh

This internship report is submitted in partial fulfillment of the requirements for the degree of Masters of Business Administration, 2022.

Détails bibliographiques
Auteur principal: Ishrat, Sakia
Autres auteurs: Alam, Dr. Md. Kausar
Format: Internship report
Langue:English
Publié: Brac University 2023
Sujets:
Bangladesh
Ready Made Garments (RMG)
Barriers
Prospects
Ready-to-wear clothing industry > Bangladesh.
Accès en ligne:http://hdl.handle.net/10361/18236
id 10361-18236
record_format dspace
spelling 10361-182362023-05-08T21:01:47Z Prospects and barriers of RMG Sector in Bangladesh Ishrat, Sakia Alam, Dr. Md. Kausar Rahman, Dr. Md. Mizanur Brac Business School, Brac University Bangladesh Ready Made Garments (RMG) Barriers Prospects Ready-to-wear clothing industry -- Bangladesh. This internship report is submitted in partial fulfillment of the requirements for the degree of Masters of Business Administration, 2022. Cataloged from PDF version of internship report. Includes bibliographical references (page 37). The export of ready-made garments (RMG) from Bangladesh has experienced stiff competition in recent years from a number of nations. The Covid-19 epidemic has made the problem even more difficult. Covid-19 is a serious danger to the apparel industry of Bangladesh. The endurance of RMG exports is essential for Bangladesh's steady economic evolution. This study tries to pinpoint potential roadblocks for Bangladeshi RMG exports as well as workable fixes. The study employs secondary data. Secondary data is acquired from a variety of publications, including books, websites, journals, and newspapers. RMG industry has faced a variety of difficulties, such as poor infrastructure, political unpredictability, fire adversities, a lack of raw material properties, the epidemic consequence, etc. Since the country's independence in 1971, the readymade garments business in Bangladesh has excelled all other industries in terms of both profits and viability in overseas exchange. By creating a huge number of job possibilities and eradicating poverty through social development, it has a significant impact on the national economy. We have done a survey and based on the responses findings are given. In 2026, Bangladesh will no longer be classified as a least developed country (LDC), posing additional difficulties for the RMG. Moreover, there are some barriers which are dragging the RMG sector behind. Some of the barriers are inadequate product diversity, fire tragedies, backward linkage, lack of R&D facilities, unskilled labor and etc. To overcome the situation, there are some possibilities like ensuring workers’ safety, enhancing productivity through lead time reduction, constructing infrastructure and many other. By catching all the possible ways and overcoming all the barriers, Bangladesh hopes to get the first place in RMG sector. Sakia Ishrat M. Business Administration 2023-05-08T04:23:51Z 2023-05-08T04:23:51Z 2022 2022-10 Internship report http://hdl.handle.net/10361/18236 en Brac University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 41 pages application/pdf Brac University
institution Brac University
collection Institutional Repository
language English
topic Bangladesh
Ready Made Garments (RMG)
Barriers
Prospects
Ready-to-wear clothing industry -- Bangladesh.
spellingShingle Bangladesh
Ready Made Garments (RMG)
Barriers
Prospects
Ready-to-wear clothing industry -- Bangladesh.
Ishrat, Sakia
Prospects and barriers of RMG Sector in Bangladesh
description This internship report is submitted in partial fulfillment of the requirements for the degree of Masters of Business Administration, 2022.
author2 Alam, Dr. Md. Kausar
author_facet Alam, Dr. Md. Kausar
Ishrat, Sakia
format Internship report
author Ishrat, Sakia
author_sort Ishrat, Sakia
title Prospects and barriers of RMG Sector in Bangladesh
title_short Prospects and barriers of RMG Sector in Bangladesh
title_full Prospects and barriers of RMG Sector in Bangladesh
title_fullStr Prospects and barriers of RMG Sector in Bangladesh
title_full_unstemmed Prospects and barriers of RMG Sector in Bangladesh
title_sort prospects and barriers of rmg sector in bangladesh
publisher Brac University
publishDate 2023
url http://hdl.handle.net/10361/18236
work_keys_str_mv AT ishratsakia prospectsandbarriersofrmgsectorinbangladesh
_version_ 1814307358056120320

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