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The textile industry has been important to Bangladesh's economy since the 1980s, growing due to favorable government policies, cheap labor costs, and international quotas and trade agreements. It faces challenges around infrastructure, over-reliance on imports, and lack of product and market diversification. Recommendations include developing backward linkages within Bangladesh and South Asia for inputs, encouraging investment, improving infrastructure, increasing skills training, and maintaining preferential access to key markets.
The textile industry has been important to Bangladesh's economy since the 1980s, growing due to favorable government policies, cheap labor costs, and international quotas and trade agreements. It faces challenges around infrastructure, over-reliance on imports, and lack of product and market diversification. Recommendations include developing backward linkages within Bangladesh and South Asia for inputs, encouraging investment, improving infrastructure, increasing skills training, and maintaining preferential access to key markets.
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The textile industry has been important to Bangladesh's economy since the 1980s, growing due to favorable government policies, cheap labor costs, and international quotas and trade agreements. It faces challenges around infrastructure, over-reliance on imports, and lack of product and market diversification. Recommendations include developing backward linkages within Bangladesh and South Asia for inputs, encouraging investment, improving infrastructure, increasing skills training, and maintaining preferential access to key markets.
Copyright:
Attribution Non-Commercial (BY-NC)
Formati disponibili
Scarica in formato DOC, PDF, TXT o leggi online su Scribd
Background of Textile industry in Bangladesh since beginning of ‘80s
Importance of Textile sector to Bangladesh Economy Competitive Factors contributing to the rise of garment industry in Bangladesh Favorable Policy by Government Availability of cheap labor and low energy cost Quotas of USA and GSP provided by EU Local Entrepreneurial Ingenuity Favorable exchange rate Characteristics of Bangladesh’s Textile sector Dependence on imported inputs Market Concentration Product Concentration Product Concentration Rise of Knitwear sector in Textile industry in Bangladesh Inadequate Infrastructure (port and electricity) MFA phase-out and Bangladesh’s Textile sector Prospects and challenges ahead Market Diversification Product Diversification Backward Integration Flow of Investment Policy Regime of Government Infrastructural Impediments Labor Productivity Research and Training Strategies and policy recommendation Selected Items Backward linkages industry and SAARC Accumulation Encourage FDI and Cooperation in apparel and Textile sector Infrastructure Development and Reducing the Lead Time Human Resource development Preferential Market Access Conclusion
University of Dhaka Bba Program Department of A&Is Cource Code:4201 Term Paper On "Backward Linkage Position of Readymade Garments Industries of Bangladesh"
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