Home / Knowledge / News / Apparel/Garments / RMG industry must undergo technology up-gradation
RMG industry must undergo technology up-gradation
May '10
The readymade garment (RMG) industry of Bangladesh should be equipped with modern machineries, to perk up the productivity and quality of its products to acquire a competitive stance in the international market, opined an economic analyst.

Fahmida Khatun, Additional Director of Centre for Policy Dialogue stated that, the country's RMG industry is the imperative industry that brings in foreign exchange into the country. Khatun delivered the above statement while addressing an award function, organized by knitwear machine supplier, MAG Group, to award four industries.

She was the keynote speaker at the event, wherein Shamrat Group, Minar Group, Islam Group and HR Textiles Ltd were awarded for their pioneering roles in the knitwear sector. Garment sector of the country has also played a vital role in removing poverty on a large scale through employment generation and has also improved the balance of payments situation.

The sector offers livelihood to around 2.2 million people including 80 percent women employees. The 'skills development fund' worth Tk 700 million announced in the national budget 2009-10, to impart training to the garment workers and to improve their efficiency, may be raised to Tk 1 billion in the coming budget, she said.

The sector garnered $3.36 million revenue through exports in the fiscal 1981, accounting to only 0.47 percent of the country's overall export earnings. While, in the fiscal 2009, the export earnings of the sector grew up to $12.34 billion, contributing 79.3 percent to the total export earnings.

Out of these 79.3 percent, knitwear sector contributed 41.3 percent and woven-wear accounted for 38 percent. Value-added knitwear apparels are witnessing an increase in demand with the changing international market. Companies with backward linkages are receiving more orders from Australian, European, American, and Japanese buyers, informed Khatun.

Buyers have now became quality conscious, as they show concern about environmentally hazardous chemicals as well as the capacity and quality of the machines. There is a need to introduce automated machines in the textile industries, facing labour dearth, to enhance efficiency and productivity for quick delivery of products.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search