Home / Knowledge / News / Apparel/Garments / RMG owners distressed by labour strife, transfer ownership
RMG owners distressed by labour strife, transfer ownership
Nov '10
Reports reveal that, the transfer of ownership in the country's readymade garment sector is picking up at a greater pace than before. Also, other RMG units distressed by labour strife too are seen transferring their ownership in hands of foreign investors.

Bangladesh's garment industry, which is the country's most thriving industry, is likely to witness many ownership transfers in near future. It is not long before that, some non-workers or outsiders having vested interest were seen intentionally provoking the workers in many factories. This ultimately resulted in labour strife and as the factory owners were facing difficulties in continuing their business, the process of takeover started following.

Several people do feel that, arousing such labour troubles and other issues in the industry thereby leading to large scale mayhem, lack of law and order as well as non-functionality, was part of a game plan intended at inculcating a desire among the owners for selling the business, rather than making vain efforts to continue it.

No doubt the private owners are at liberty to sell their units to anyone and no one has any right to oppose it. But, there would be firm reasons to reconsider the situation from a different view point if those buyers come out to be the main players who acted behind instigating labour unrest in the sector to such an extent that the owners had to take the decision to sell off their units in a state of fear and anxiety.

Fibre2fashion News Desk-India

Must ReadView All

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

Gap, Athleta to increase use of sustainable fibres

Gap, one of the world's most iconic apparel and accessories brand and ...

Textiles | On 26th Apr 2017

Shima Seiki releases Shima KnitPLM software

Shima Seiki Mfg., leading Japanese computerised flat knitting machine ...

Interviews View All

Poojaa Kumar Deepak

Zeven's performance sports apparel is designed for the Indian body type,...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Sonam & Paras Modi

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

April 2017

April 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