Bangladesh sweater - Helping reach the 50bn USD export Target

Bangladesh SweaterHelping reach the 50bn USD export Target

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Bangladesh Sweater : An Introduction

Bangladesh Sweater industry, a sub-division of ready-made clothing, is able to provide 8bn USD

to achieve the 50bn USD exportation target by 2021 whenever the country will commend its

50th commemoration of independence.

Alongside with focusing on denim, operational fabrics and other unique products of clothing,

the clothing makers has ought to pay close attention at a greater extent to production of

sweaters to achieve the 50 billion USD exportation target by the year 2021, booming the

overall Bangladesh garments exportation volume.


Bangladesh Sweater Industry: Its contribution

At this time or period, the Bangladesh Sweater business with its tremendous possibilities to

develop, contributes approximately 2.8bn USD to Bangladesh RMG exportation.

Whenever the administration offers the Bangladeshi manufacturers along with skillful abilities

to operate the stalled manufacturing plants in Bangladesh and in this way, assists to begin new

ones, the sweater division will have the capacity to add more than 8bn USD to reach the 50bn

USD exportation target by 2021.


http://www.bdtdc.com/bangladesh-sweater/18/479

Bangladesh Sweater Industry: Challenges faced

At this time or period, the industry produces wide varieties of sweater in Bangladesh that is

ranging costs within 13 and 14 USD for each piece. The fundamental challenges towards making

high-end items is a deficiency of staples, proficient professional and the most up-to-date

technology.

The costs of cotton with regards to high-end items are excessively superior where at the same

time, there are a small but indefinite doers open to operate with regards to high-end items.


Bangladesh Sweater Industry: Meeting the demand?

At the present moment, the manufacturing plants of made in Bangladesh sweater possess

merely 70 percent of the capable manpower. The Bangladeshi manufacturers senses the

requirement with regards to the leftover 30 percent proficient workforce in order to fulfill the

requirement. There is no other option towards preparing a training project in order to produce

an proficient manpower.

Training has been offered with regards to doers as a team with National Productivity

Organization under the Ministry of Industry, Bangladesh Fire Service and Civil Defense, BGMEA,

International Training Centre – International Labor Organization (ITC-ILO), Skills for

Employment Investment Program, Business Social Compliance Initiative (BSCI) and GIZ.


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Bangladesh Sweater Industry: Ready for booming the business?

Before we can get to know that the Bangladesh sweater industry is set for booming the

business ANYWHERE in the world, we need to look at the fundamental challenges faced.

Challenges such as deficiency of proficient workforce, political imbalance, higher bank

financing cost, inaccessibility of gas, power connection, awkward procedure of getting an

organization enlisted are a number of the significant challenges with regards to the investors

within the Bangladesh garments division.


Bangladesh Sweater Industry: What should be done?

The demands with regards to Bangladeshi sweaters are expanding step by step because of

their essential and distinguishing attribute. With regards to guaranteeing fluent supply of

Bangladesh products according to the demands of the Bangladesh garments division.

Individuals are obliged to upgrade the capability which needs unfaltering venture plan of the

administration. Likewise, the Bangladeshi manufacturers are obliged to focus on the

marketplace and the expansion of the product.


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Bangladesh sweater - Helping reach the 50bn USD export Target

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