Myanmar already has several garment factories in joint venture with entrepreneurs from Japan, China, Taiwan and South Korea.
The garment industry in Myanmar mainly caters to the cut-make-pack (CMP) system. The industry employs over 350,000 people with women constituting 90 per cent of the workforce.
In fiscal 2017-18, Myanmar earned $2.58 billion from CMP garment exports. Most of the shipments were destined to the European countries and Japan. (RKS)
Fibre2Fashion News Desk – India