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RMG Major contributor to Bangladesh’s Economy

GG FASHION

The RMG (Ready-Made Garment) industry is a major contributor to Bangladesh’s economy, accounting for over 80% of the country’s total exports. In recent years, the RMG industry in Bangladesh has been growing rapidly, driven by increasing global demand for low-cost, high-volume clothing.

The country has also been making efforts to improve working conditions and labor standards in the industry, which has helped to boost its reputation as a sourcing destination for international brands. Despite some challenges such as the COVID-19 pandemic and increasing competition from other countries, the future outlook for the RMG industry in Bangladesh remains positive, with continued growth expected in the coming years.

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