Clothing Industry in Bangladesh
The Clothing Industry in Bangladesh is provided the single source of growth rapidly developing economy. Exports of textiles and garments are the principal source of foreign exchange earnings. By 2002 exports of textiles, clothing, and ready-made garments (RMG) accounted for 77% of Bangladesh’s total merchandise exports. In 1972, the World Bank approximated the gross domestic product (GDP) of Bangladesh at USD 6.29 billion, in 2014, the GDP stood at USD 173.82 billion, growing by almost 27 times in a matter of four decades. Bangladesh’s exports industry alone comprised USD 31.2 billion in FY 2014-15, 81.69% of which was made up by ready-made garments. Bangladesh now holds the 2nd place in producing garments just after China. On its own, the knitwear sector encompasses 39.83% of total exports—a staggering USD 12.43 billion. Bangladesh is the world’s second-largest apparel exporter of western brands. Sixty percent of the export contracts of western brands are with European buyers and about forty percent with American buyers. Only 5% of textile factories are owned by foreign investors, with most of the production being controlled by local investors.
Clothing Industry in Bangladesh has been part of the trade versus aid debate. The encouragement of the garment industry of Bangladesh as an open trade regime is argued to be a much more effective form of assistance than foreign aid. Tools such as quotas through the WTO Agreement on Textiles and Clothing (ATC) and Everything but Arms (EBA) and the US 2009 Tariff Relief Assistance in the global clothing market have benefited entrepreneurs in Bangladesh’s ready-made garments (RMG) industry. In 2012 the textile industry accounted for 45% of all industrial employment in the country yet only contributed 5% of the Bangladesh’s total national income.
After several building fires and collapses, resulting in the deaths of thousands of workers, the Bangladeshi textile industry and its buyers have faced criticism. Many are concerned with possible worker safety violations and are working to have the government increase safety standards. The role of women is important in the debate as some argue that the textile industry has been an important means of economic security for women while others focus on the fact that women are disproportionately textile workers and thus are disproportionately victims of such accidents. Measures have been taken to ensure better worker conditions, but many still argue that more can be done.
Cheap Clothing Manufacturer
High Quality Cheap Clothes with Competitive Price for most popular Bangladesh. Workers in Bangladesh have some of the lowest salaries anywhere in the world. “Even Myanmar is getting US$99,” Akter points out. “Our workers need a monthly rise of US$30 or more.” H&M, Primark, Asda, Tesco, M&S – they come here [many of the brands buy direct through their own offices in Dhaka, but may also employ third parties such as Top Grade] because Bangladesh is cheap and they get cheap labour. It is not fair. Humans cannot be so cheap. There needs to be a balance – you cannot say you are trying to improve working conditions and help workers out on one hand when on the other hand you are not giving a fair price.
A decade ago, most of those T-shirts would have been made in Guangdong, a province once known as the “world’s workshop”. Today, the looms are turning faster than ever – but the work has moved nearly 2,500km from Dongguan to Dhaka. Soaring labour costs and China’s gradual shift from low-end to high-end manufacturing have seen garment production find a new home in Bangladesh. But the doorway to the world’s workshop remains in Hong Kong.
In the same way Kowloon-based companies would send mainland-made products around the world throughout the 1990s and 2000s, Top Grade last year handled orders for 30 million pieces of clothing made in Dhaka’s factories for customers including European supermarket chain Lidl, and major chains in Brazil and Japan. Orders are placed with Top Grade and other companies, such as Li & Fung, and the payments pass through their Hong Kong offices, although the goods themselves are sent from Bangladesh directly to the customer.
Top Clothing Manufacturer
The textile and clothing industries provide the single source of growth in Bangladesh’s helps effectively to change the economical scenery of Bangladesh. The “Made in Bangladesh” tag has also brought glory for the country, making it a prestigious brand across the world. The US was the largest single market with US$3.23 billion in exports, a 30% share in 2007. Today, the US remains the largest market for Bangladesh’s woven garments taking US$2.42 billion, a 47% share of Bangladesh’s total woven exports. The European Union remains the largest regional destination – Bangladesh exported US$5.36 billion in apparel; 50% of their total apparel exports. The EU took a 61% share of Bangladeshi knitwear with US$3.36 billion exports. We Give name of a few top garment factory in Bangladesh. I don’t know that it is perfect list but to make this top garments list I have used my knowledge and experience in this sector.
1. Ha-meem Group
Phoenix Tower (4th Floor)
407, Tejgaon Industrial Area
Mr. A. K. Azad
2. BEXIMCO Fashions Ltd.
17 Dhanmondi R/A, Road No. 2,
Beximco Industrial Park, Sarabo, Kashimpur
FS-SFB # 2, DEPZ, Ganakbari, Savar,
Web Site: www.beximcofashions.com
3. DBL Group
23/1 Panthapath Link Road
BGMEA Complex, Kawran Bazar
Dhaka – 1215, Bangladesh
Telephone No: +880-2-8140367 – 74
Fax No: + 880-2-8140214
Website URL: www.dbl-group.com/
4. Square Fashions Ltd.
Square Textiles Division
Mascot Plaza (11th – 12th Floor)
Plot# 107/A, Sector #7
Sonargaon Janapath, Uttara Model Town
Uttara Dhaka-1230, Bangladesh
Tel: (880-2) 8963795, 8963547
(880-2) 8951101-7, 8963227
Fax: (880-2) 8952652, 8931932
5. Opex Sinha Group
Opex & Sinha Textile Group (Head Office)
Mohakhali Tower (Head Office)
82, Mohakhali, C/A, Dhaka-1212, Bangladesh.
6. Fakir Group
(Fakir Garments Limited)
East Chanmari, Khapur,
Phone: 88-02-7611309, 7614190
7. Epyllion Group
227/A Tejgaon-Gulshan Link Road
Postal Code: 1208
Contact No: +8802 9840223
8. Standard Group
Contact Person: Engr. Mosharraf Hussain
Address: Civil Engineers Bhaban-69,
Mohakhali C/A, Dhaka 1212, Bangladesh.
Phone: +880 2 9862003
Fax: +880 2 9893175
9. Asian Apparels Ltd.
29, Baniatilla Station Road
Phone : (88-031) 614440, 621226, 611096 / 880-2-8826620, 9873196
FAX : (88-031)-610172-610368, 880-2-8859268-111
E-mail : firstname.lastname@example.org
HONG KONG OFFICE :
Room-10, 11/F Man wui Street Jordan,
Kowloon, Hong Kong.
Tel : (852)2374 3264, 2374 5357, 2374 3540
Fax : (852) 2374 2954,
Telex : 48574 Relnc HK.
Website : www.asianapparels.com
10. Givensee Group of Industries Ltd.
House # 06, Road # 13
Sector # 03, Uttara Model Town
Uttara, Dhaka, Bangladesh.
Phone : +88 02 8932813, 8913802 8961936
E-mail : email@example.com
Website : www.givenseegroup.com