India Pakistan Trade Unit India Pakistan Trade Unit Support for UK Trade
The time in India, Pakistan, Sri Lanka and Bangladesh



Sri Lanka:


United Kingdom(GMT):


Become a member of India Pakistan Trade Unit

Visa for India, Visa for Pakistan, Visa for Sri Lanka and Visa for Bangladesh

Indian Events & trade missions, Pakistan Events, Sri Lanka Events, Bangladesh Events

Maps of India, Pakistan, Sri Lanka, Bangladesh and the United Kingdom

EU Logo


Birmingham Chamber of Commerce and Industry


High Value Added Consumer Products Sector Review Archive

Sub Menu 

 Rise Of Readymade Garments Industry In Bangladesh: Entrepreneurial Ingenuity or Public Policy - November 2006

The 100 percent export-oriented readymade garments (RMG) industry of Bangladesh has witnessed remarkable growth since its inception in the late 1970s. Paradoxically, this flagship industry of Bangladeshi private entrepreneurial talent took roots through the first export consignment of shirts from Bangladesh made by the state-trading agency, the Trading Corporation of Bangladesh (TCB), in the mid-1970s under counter trade arrangements and the destination was some East European countries.

Subsequently, however, private entrepreneurs entered the industry and phenomenal growth took place in RMG exports from Bangladesh. Export of RMG increased from US $40 thousand in 1978 -79 to US $6.4 billion in 2004-05. The industry has also provided employment to nearly 2 million workers, most of them women drawn from the rural areas.

Source: Mohammed Ali Rashid, Professor of Economics, North South University, Bangladesh



End of MFA Quotas: Key Issues and Strategic Options for Bangladesh Readymade Garment Industry - A report from the World Bank - January 2006

End of MFA Quotas: Key Issues and Strategic Options for Bangladesh Readymade Garment Industry - January 2006
"With the removal o f MFA quotas, there will be opportunities to expand market shares, but also tough competition for markets. The challenge i s not to protect a special position, but to open up the markets and ensure that Bangladesh will be in a strong position to compete."'

This study addresses that challenge. It examines the factors that have brought Bangladesh such impressive success as a producer and exporter of ready-made garments (MG) in a quota-based trading regime. I t explores the likely threats to that success as the post-MFA trade regime becomes intensely competitive. And it sets out a number of strategic options for the sector to pursue, building on past achievements and inherent competitive advantages, in order to compete successfully in textile and apparel markets under new and very demanding conditions.

Source: The World Bank


Top of page Back to top of the page


India Pakistan Sri Lanka Bangladesh UK

Indian News, Pakistan News, Sri Lanka News, Bangladesh News

India:Rupee gains 20 paise vs dollar; Sensex up 126 points.


Pakistan:Pakistan welcomes IMF $6.7bn lifeline

Sri Lanka:LankaClear posts Rs 189 m PAT


Bangladesh:GDP growth rises to 6.18pc, per capita income $ 1044 

Text Only Email IPTU+44(0) 121 450 4250 India Pakistan Trade Unit Terms
Copyright ©2008 India Pakistan Trade Unit. All Rights Reserved.  Web design by Websynergi