Bangladesh is a leading global producer of ready-made garments (RMG), particularly for t-shirts, polo shirts, and denim products. The RMG industry is a major contributor to the country’s economy, accounting for over 80% of Bangladesh’s total exports.
Bangladesh has become a popular sourcing destination for international brands due to its low labor costs and favorable government policies, and it has been investing in infrastructure and improving working conditions in the industry to attract more investment.
Despite some challenges, such as limited access to finance and a shortage of skilled labor, the RMG industry in Bangladesh continues to grow, and the country has set ambitious goals to become a leading global supplier of clothing and textiles.
The government has been working with international organizations and brands to improve labor standards and factory safety, and the industry has shown a commitment to sustainability, including the adoption of environmentally friendly production methods.