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How to start a garments business in Bangladesh?

Starting a garments business in Bangladesh is promising. The country has a growing textile and apparel industry. It offers skilled workers, low production costs, and a welcoming business climate. This makes it attractive for entrepreneurs. Now, here’s a step-by-step guide to get started.

Market Research and Business Planning

Start with deep market research. Look into the demand for clothes in Bangladesh and export markets. Study trends, competitors, and preferences to shape your business plan. Include your goals, target markets, products, pricing, and marketing.

Legal Registration and Compliance

Register your garments business in Bangladesh to meet legal requirements. This step will also establish your business as legitimate. Get permits, licenses, and registrations from the government. Key agencies include the Registrar of Joint Stock Companies and Firms (RJSC) and the Bangladesh Investment Development Authority (BIDA). Make sure to follow tax regulations, labor laws, and industry standards for ethical and legal operation.

Sourcing and Supply Chain Management

Build relationships with trustworthy suppliers for raw materials, fabrics, and garment parts. Also, team up with respected textile mills, dyeing units, and accessory suppliers. This ensures quality and consistency. Develop a strong supply chain management system. This will boost efficiency in procurement, production, and inventory management.

Factory Setup and Infrastructure

Start your clothing line by setting up a factory or partnering with existing ones in Bangladesh. Ensure the factory meets safety, building, and environmental standards for a good work environment. Then, invest in machinery, equipment, and technology for production and quality control.

Recruitment and Workforce Development

Hire skilled workers, technicians, and experienced professionals for your garment manufacturing facility. Offer training to boost their skills and productivity. Create a positive work culture, encourage teamwork, and focus on employee well-being. This will attract and retain talent.

Product Development and Quality Assurance

Produce a variety of clothes like shirts, pants, dresses, and outerwear to suit various tastes and markets. Focus on design, fabric, and construction. This ensures high quality and meets customer standards. Apply strict quality checks at each production step. This maintains product quality, consistency, and meets industry standards.

Marketing and Distribution Strategy

Develop a strategy to market and distribute your clothes to the right customers. Use both online and offline channels, such as social media and e-commerce. Consider trade shows and retail collaborations, too. These methods will not only showcase your items but also attract sales leads. Additionally, build networks with retailers, wholesalers, and export agents. This will ensure your clothes are available both locally and globally.

Get on Your Garments Journey

Starting a garments business in Bangladesh needs careful planning and hard work. First, conduct market research and complete legal registration. Then, focus on sourcing, supply chain, and setting up the factory. Recruitment and worker training follow. Next, work on product development and quality assurance. Finally, develop a marketing and distribution strategy. With dedication, innovation, and smart decisions, you can overcome challenges. You’ll also find success in Bangladesh’s bustling garment industry.

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How to start a clothing business in Bangladesh

How to start a clothing business in Bangladesh

It’s always been fashionable to open an online clothing store. However, following the devastating COVID-19 outbreak over the world, the online clothes industry exploded. Almost everyone from all walks of life is now dabbling in this market and trying their luck. Most traditional enterprises switched to the web platform once COVID assaulted the world.

Do you want to learn how to start a garment wholesale business in Bangladesh? Is this anything you’re not familiar with? When you apply a variety of methods, your promising business can succeed. You can read the post to learn more about such kinds of methods and suggestions.

Table of Contents

Small Scale Business Ideas

Business plan.

With some of the essentials out of the way, the first and most important step is for you to create a simple business plan to map out your decisions and the path for your clothing company. Every new firm needs have a business plan in order to attract investors and finance.

The same may be said for Bangladesh’s clothes range. While there are elements of the clothing line that can influence the way a business plan is produced, all business plans have the same core portions.

A solid understanding of the garment industry, on the other hand, is vital, and can make or break a clothing line’s business plan.

It’s also more important to know your rivals, the market, and how you’ll make money. So, when you make a business plan, you should include some of the major elements, including-

  • Your business model
  • Customer Personas
  • Competitor strengths & weaknesses
  • Business costs
  • Business margins

Ideas gathering and inspiration

The most important things to remember before beginning a business are “Determination,” “Dedication,” “Research,” and “Time.” These are the three main items to keep in mind when beginning an online clothes business. Only by being determined and committed to your business will you be able to stick with it and enjoy every aspect of it.

Fashion trends can shift in an instant. As a result, it’s preferable to arrange your online clothes business in such a way that you can adapt and make adjustments to it.

Competitor research is another aspect of idea generation. Competitor research will reveal a handy method of dealing with your customer, as well as the sources of their items, business methods, and marketing policies.

Small scale garments set up

With your own tailoring or manufacturing knowledge, you can start a small garment factory. Among the various small-scale company ideas, starting a readymade garment manufacturing unit is the most popular. You’ll need to hire a few tailors and support workers to build up production.

Make clothing and sell finished goods to local merchants or wholesalers. You can choose from school uniforms, women Kurtis, salwar-kameez, men’s shirts , and even build your own ladies blouses . E-commerce sites like Amazon and Flipkart are also good places to sell your creations.

To start a small-scale clothing factory, you must first decide on the product or product group that you will produce. Next, write a project report in which you list all of the prerequisites for setting up a factory. Here’s a quick reminder about how to start up a garment factory.

  • Sewing machines, fabric cutting machines, ironing equipment, and garment finishing equipment are all required. Make a list of the machines you’ll need and contact vendors for a pricing quote and to purchase them.
  • You’ll need to put up the factory’s infrastructure, including lights, water, material handling equipment, and furnishers, among other things.
  • For factory setup, you’ll need a lot of space. Consider production operations, shop floors, office areas, sample showrooms, pantrys, and warehouses when determining space requirements.
  • You’ll require skilled labor as well as service suppliers.
  • Fabrics, trimmings, and accessories must be sourced as raw materials.
  • Prepare a business plan and expand your customer base.
  • Prepare the investment requirements and how you will raise the funds for the startup and ongoing costs of the factory. You can get a business loan from a bank to provide you with the funds.

Create a list of apparel niches

You must first decide the type of apparel and fashion specialty you want to market to your consumers before you begin your online clothing business. It’s the ideal moment to choose your niche when you’re still in the early stages. As a result, defining your target customer will be simple.

Selecting a specialization for your online clothing business can also assist you in better identifying and planning your online clothing business strategy. As a result, you can classify your potential customers and collect as much information as possible for your online stores. Creating a product niche list will assist you in identifying your competition and raise your desire to learn more about your area.

You may make the most money from the profession in which you have the most interest. It’s simple; simply consider “what kind of things you want to wear, and which styles you prefer in fashion.” Your enthusiasm for fashion will serve as a weapon in attracting the most customers. The target audience will notice that you are the most knowledgeable about that style. As a result, the audience’s eyesight will be drawn to you.

Keeping up with the current fashion trends is essential

There is no such thing as a consistent, common, or set style of fashion in the world of fashion. People select the dress style that makes them feel the most at ease. Fashion and clothing styles never go out of style. It vanishes, only to reap reappearance after many decades. You must continually stay current with the latest fashion trends and be ready to adjust to changes in your online clothes company. In today’s world, the majority of fashion believes this.

Find a product source

You must first decide the type of apparel and fashion specialty you want to market to your consumers before you begin your online clothing business. It’s the ideal moment to choose your niche when you’re still in the early stages. As a result, make it simple to identify your target customer.

Selecting a specialization for your online clothes business can also assist you in better identifying and planning your online clothing business plan. As a result, you will be able to classify your potential customers and collect as much information as possible for your online stores. Creating a product niche list will assist you in identifying your competition and raise your desire to learn more about your area.

Also, regardless of which person you are, it’s critical to carefully analyze all clothing and apparel options before selecting to move forward. However, here are some clothing and apparel products you might want to think about for your brand:

  • Long-sleeved shirts,
  • short-sleeved shirts,
  • pants/leggings,
  • lingerie/underwear/socks,
  • hoodies, dresses, and other items

Garments wholesale business

Among other small-scale company ideas, this one is profitable. You source clothing in bulk from various manufacturers and brands in the garment wholesale sector. These are then disseminated and sold to clothing stores. In your leisure time, you can start a clothes wholesaling business. Clothing is sourced from production hubs and distributed to small-town stores. You will have a good profit in this business because you will be purchasing things in bulk and straight from manufacturing centers.

Open a clothing store

In a small town or city, on a street corner, or inside a mall in metros, you can open a clothing retail shop or outlet. If you go with this approach, you’ll need to think about which product groups you’ll be focusing on. You are aware that there is a vast range of product lines and price points. If you go to a marketplace in your city, you’ll notice that not all of the shops sell the same kind of clothing. Decide on the product group based on your budget and interests.

Here are some product groupings for a clothes store to consider.

  • Clothing for kids and moms — All of the products that kids generally require, as well as some seasonal products that require product sourcing changes.
  • Kurtis, leggings, tops, skirts, gowns, and more are available for women.
  • T-shirts, casual shirts and jeans, as well as shorts, are available for youths.
  • Women’s and children’s innerwear, including night suits, are available for purchase.
  • You can keep all product ranges of a family clothing requirement in a family shop.
  • Knitwear items – retailers only sell knitwear items, such as innerwear and winter clothing.
  • Sarees – You can sell sarees in this category, which includes wedding collections, lehengas, and ladies’ suits.
  • You can purchase an apparel franchise. You must sell and earn a commission where brands will supply you with their stuff.

If you’re thinking about launching a clothes business, research the quality of the garments and the demand for the products you want to sell. Purchase only high-quality items and sell only high-quality clothing.

Getting them to buy is a different story, but Facebook makes it simple to locate your target market. You can persuade your consumers to spend their money, even if you have to actively engage with them to reach them in the first place. In any case, marketing your clothes line in Bangladesh is just as crucial as selling your goods.

One of the simplest methods to stay in touch with your customers is through email marketing. You can market all of your products, the newest discounts, or any announcement of any new discount offers’ apart from social media.

Social media marketing

Facebook, in particular, has emerged as the most effective means of promoting your goods. People now spend over half of their time on social media. The simplest approach to reach a million people is to promote your brand on social media.

You can also create a Facebook page for “fan and review” to get closer to your target client. Where your customer can leave a review and obtain the most up-to-date information on any new shipments.

On the other hand, you can create a “Facebook page” for your business if you desire. You can also put advertisements or postings about your product on various “buying and selling” pages.

Hire a variety of well-known public relations firms to promote your brand to their loyal clients and increase your sales. Advertising your goods on social media is now widely regarded as the most effective approach to reach millions of potential clients, particularly in the online apparel industry.

Instagram has now become the most fashionable social media trend among the younger generation. Because Instagram is a photo-based platform, it will display your products in front of any audience’s device screen if you use it to promote them.

Instagram is a fantastic platform for promoting your fashion label or clothing styles. Showcase your product in a fresh and different setting. You can also use the new Instagram stories features to show off your satisfied customer’s review.

Live from social network

Young people in today’s generation are more interested in promoting their products “live.” Now, the present generation of young people spends far too much time watching these “live” events. You may “live” from social networking sites like Facebook, Instagram, YouTube, Snap Chat, and Linkedin, among others.

Coming into “live” gives you a huge opportunity to show off your products and demonstrate them properly. Joining “Live” also provides you with an open platform for mass communication with your customers. You may also address any problem or recommend a new product to your consumers right away.

It’s critical to pick the correct platform. You should spend the majority of your time on the platform where you are most active. Choose a platform for which you are familiar with all of the tactics and every inch of the platform, as well as a niche understanding of the rivals. Social networking platforms such as Facebook and Instagram, as well as any e-commerce shopping cart, are examples of platforms.

Depending on your competency and business networking, you can start one of those ten businesses. Many business owners aim to launch their own labels for certain products. Go for it if you have similar dreams. Choose any clothes product to build your own label.

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How to Start a Profitable Garments Business in Bangladesh ?

Garments Business In Bangladesh, the garments business is thriving as it has become the second-largest garment exporter in the world, demonstrating its resilience and adaptability in the global textile and apparel sector. Despite challenges such as rising gas prices, inflation, and worker protests over low wages and poor working conditions, Bangladesh’s garment industry continues to play a crucial role in the country’s economy.

With duty-free market access and lower tariff rates for garment exports, Bangladesh enjoys advantages in international trade. This has led to the rise of prominent wholesale garments manufacturers like Ha-Meem Group, known for producing stylish denim fabrics. The future growth of Bangladesh’s garment industry remains promising, paving the way for further development and success.

The Evolution Of Garments Industry

Garments in Bangladesh have evolved significantly, reshaping the country’s economy and global textile landscape.

Early Beginnings

Bangladesh’s textile industry began with modest operations, gradually expanding to meet growing demand.

  • Initiated with small sewing units
  • Shifted from manual to mechanized production
  • Pioneered garment exports in the late 1970s

Growth And Expansion

The garment industry in Bangladesh experienced exponential growth and global recognition.

  • Became the second-largest exporter worldwide
  • Secured duty-free market access
  • Significant economic contributor

Importance Of Garments Industry In Bangladesh

garments business plan in bangladesh

A pivotal sector in Bangladesh’s economy, the garments industry plays a crucial role as the country’s second-largest garment exporter globally. Despite challenges such as gas price hikes and worker protests, Bangladesh’s garment sector showcases resilience and growth potential in the competitive global marketplace.

Economic Contribution

The garments industry in Bangladesh holds significant importance in the country’s economy. It serves as a major driver of economic growth, contributing substantially to the nation’s GDP and export earnings. The industry’s substantial export volume helps in sustaining a positive trade balance, contributing to the overall economic stability of the country.

Employment Opportunities

The garments industry in Bangladesh offers a vast number of employment opportunities, particularly for women in both urban and rural areas. This sector provides a source of livelihood for millions of workers, thus playing a pivotal role in poverty alleviation and socioeconomic development. Additionally, the industry’s labor-intensive nature allows for the creation of numerous jobs, aiding in reducing unemployment rates in the country.

The significance of the garments industry in Bangladesh cannot be overstated. Its economic contribution and role in providing employment opportunities underscore its crucial place in the nation’s development and prosperity.

Factors Contributing To Success

Bangladesh has emerged as a significant player in the global garment industry, securing its position as the second-largest garment exporter worldwide. The country’s remarkable journey from economic struggles to becoming a key player in the textile and apparel sector is a testament to its resilience and adaptability.

Low Production Costs

Bangladesh’s garment industry benefits from low production costs, including affordable labor and operational expenses. The competitive manufacturing costs enable businesses to offer products at attractive prices in the international market, creating a significant advantage in the global apparel trade.

Government Support

The government of Bangladesh provides supportive policies and incentives to foster the growth of the garment industry. Initiatives such as duty-free market access and lower tariff rates for garment exports contribute to the sector’s success, encouraging investment and facilitating trade relationships with international markets.

Skilled Workforce

Bangladesh boasts a skilled and specialized workforce in the garment sector, equipped with the technical expertise required for efficient production and quality assurance. This skilled labor force enhances the industry’s competitiveness, enabling manufacturers to meet the stringent quality standards and diverse demands of global clothing markets.

Challenges Faced By The Industry

The garments business in Bangladesh faces several significant challenges that impact its growth and sustainability in the global market.

Labor Rights Issues

garments business plan in bangladesh

Labor rights issues are a major concern in the Bangladeshi garment industry, with reports of low wages and poor working conditions leading to frequent worker protests . Ensuring fair treatment and safe working conditions is essential for the industry’s success.

Competition From Other Countries

With increasing competition from other countries in the textile and apparel sector, Bangladesh has to continually innovate and improve efficiency to maintain its position as a key exporter in the global market.

Environmental Concerns

Environmental concerns such as waste management and pollution pose challenges to the sustainability of the garment industry. Implementing eco-friendly practices and green initiatives is crucial for reducing the industry’s environmental impact .

Impact On Society

The garments industry in Bangladesh has had a significant impact on society, bringing about positive changes in several areas. From empowering women to contributing to socioeconomic development, this thriving industry has played a vital role in transforming the country.

Empowerment Of Women

The garments industry has been instrumental in empowering women in Bangladesh. With the sector employing a large number of female workers, it has provided them with opportunities for economic independence and self-sustainability. Through employment in garment factories, women have gained confidence, financial stability, and the ability to support their families.

Furthermore, this industry has challenged societal norms by encouraging and promoting the participation of women in the workforce. It has played a crucial role in breaking down gender barriers and providing equal opportunities for women to pursue their careers and dreams.

Socioeconomic Development

The garments industry has had a profound impact on the socioeconomic development of Bangladesh. It has contributed to the country’s economic growth and employment generation, lifting many out of poverty. With a significant percentage of the population engaged in the sector, it has stimulated economic activity, leading to the creation of job opportunities.

This industry has also played a vital role in attracting foreign investment and boosting export earnings for the country. Bangladesh’s position as the second-largest garment exporter in the world is a testament to the sector’s contribution to the national economy.

In addition to economic development, the garments industry has played a crucial role in enhancing various social aspects of society. It has helped improve infrastructure, education, and healthcare facilities in garment-producing regions, thereby benefiting not only the workers but the entire community as well.

In conclusion, the garments industry in Bangladesh has made significant strides in empowering women and driving socioeconomic development. Its positive impact on society cannot be undermined, making it a key player in Bangladesh’s journey towards progress.

Technological Advancements

garments business plan in bangladesh

Bangladesh’s garments business has seen tremendous growth through technological advancements, establishing itself as a prominent player in the global garment industry. Overcoming economic struggles, the country has become the second-largest garment exporter worldwide, showcasing its resilience and adaptability in the textile and apparel sector.

How to Start a Clothing Business in Bangladesh

Automation In Production

In the rapidly evolving garment industry in Bangladesh, technology plays a crucial role in driving efficiency and productivity. Automation has brought about significant advancements in the production process, resulting in improved quality and reduced costs. Automated machinery and equipment have replaced manual labor in several key areas, such as cutting, sewing, and packaging. One of the key benefits of automation in production is the increased speed and accuracy. Machines can perform repetitive tasks with precision and consistency, resulting in higher output and reduced errors. This not only saves time but also ensures consistent product quality, leading to greater customer satisfaction. Moreover, automation has also led to cost savings for garment manufacturers. By streamlining processes and eliminating human errors, manufacturers can reduce material waste and optimize resource utilization. This ultimately leads to lower production costs, allowing businesses to remain competitive in the global market.

Digital Innovation

Digital innovation has revolutionized the garment industry in Bangladesh, making it easier for businesses to adapt to changing market demands and enhance operational efficiency. The adoption of digital technologies has enabled garment manufacturers to effectively manage their supply chain, engage with customers, and improve production processes. One significant aspect of digital innovation is the use of computer-aided design (CAD) software. With CAD, designers can create and modify garment patterns digitally, enabling faster prototyping and customization. This not only expedites the product development process but also reduces material waste. Additionally, the implementation of digital communication platforms has facilitated seamless collaboration between different stakeholders in the garment industry. Through online platforms and software, manufacturers can communicate with suppliers, customers, and even workers efficiently. This real-time communication allows for quicker decision-making and enables businesses to respond swiftly to industry trends and consumer demands. Furthermore, the use of advanced data analytics has revolutionized the way garment manufacturers analyze and utilize data. By leveraging data insights, businesses can make data-driven decisions, optimize inventory management, predict consumer preferences, and improve overall supply chain efficiency. This enables businesses to stay competitive and deliver products that meet the changing demands of the global market. In conclusion, Bangladesh’s garment industry has embraced technological advancements and digital innovations, transforming the way garments are produced and managed. Automation in production has improved efficiency and reduced costs, while digital innovation has enhanced communication and decision-making processes. As technology continues to evolve, the garment industry in Bangladesh is well-positioned to further expand its reach and remain a key player in the global market.

Global Market Reach

Bangladesh has secured its position as the world’s second-largest garment exporter, showcasing remarkable growth and adaptability in the global apparel market.

Export Trends

Bangladesh benefits from duty-free market access and lower tariff rates, contributing to its strong export performance in the garment sector.

International Trade Agreements

  • Trade agreements play a vital role in expanding Bangladesh’s global market reach
  • These agreements facilitate smoother trade processes and open up new opportunities for the country’s garment exports
  • Efficient utilization of international trade agreements is crucial for sustaining and enhancing Bangladesh’s presence in the global market

Fashion Trends And Influences

In Bangladesh, consumer preferences play a pivotal role in shaping the garment industry. With a focus on quality, affordability, and cultural relevance, consumers drive demand for traditional attire alongside modern styles. Companies must stay attuned to these preferences for sustained success.

Design Innovations

Design innovations drive competitiveness in the garment sector of Bangladesh. Embracing technological advancements, eco-friendly practices, and unique aesthetics, companies strive to stay ahead in the market. Collaboration with designers and use of sustainable materials are key trends.

Sustainability Practices

The garments business in Bangladesh has become a significant player in the global garment industry, ranking as the second-largest garment exporter worldwide. Despite challenges such as rising gas prices and worker protests, Bangladesh’s garment industry continues to display resilience and adaptability, making it a key sector in the country’s economy.

Green Initiatives

garments business plan in bangladesh

Bangladesh’s garment industry has been increasingly focusing on promoting sustainable and environmentally friendly practices. Adoption of green initiatives has become a top priority, with many manufacturers implementing eco-friendly production processes, utilizing renewable energy sources, and reducing water and energy consumption to minimize environmental impact. Furthermore, the industry is embracing sustainable materials, such as organic cotton and recycled fabrics, to contribute to a greener supply chain.

Ethical Sourcing

Ethical sourcing is a core component of Bangladesh’s garment industry’s sustainability efforts. By prioritizing ethical practices, including fair labor conditions, equitable wages, and the prohibition of child labor, the industry aims to create a more socially responsible and transparent manufacturing environment. This commitment to ethical sourcing not only promotes the well-being of workers but also enhances the reputation and credibility of Bangladesh’s garment exports in the global marketplace.

In addition, the industry has been actively engaging in sustainable supply chain management , collaborating with suppliers that adhere to ethical and sustainable production standards. Through these partnerships, Bangladesh’s garment industry strives to ensure that its entire supply chain aligns with sustainable and socially responsible practices.

Future Outlook

As Bangladesh solidifies its position as one of the top garment exporters globally, the future outlook for the industry is promising. Leveraging its strengths and addressing challenges, the garments business in Bangladesh is poised for remarkable growth and evolution.

Expansion Opportunities

The garments business in Bangladesh presents ample opportunities for expansion , with the potential to increase production capacity and diversify product offerings. International market demand for Bangladeshi apparel remains strong, providing a platform for sustained growth.

Adaptation To Changing Demands

To thrive in the dynamic global market, the industry must adapt to changing demands swiftly. Embracing innovation in design, technology, and sustainability will be crucial to meeting evolving consumer preferences and regulatory requirements.

Prominent Garment Businesses

The garment industry in Bangladesh has seen significant growth over the years, making it a powerhouse in the global market. This has led to the emergence of several prominent garment businesses in the country. Let’s take a closer look at some of the top players and success stories in the industry.

Top Players

When it comes to the garment business in Bangladesh, a few companies stand out as the top players in the industry. These companies have achieved remarkable success and have contributed significantly to the country’s economy. Some of the top players include:

  • Meerab Industries Ltd: A renowned garment factory and stock lot supplier, Meerab Industries Ltd has become a leading exporter of clothing in Bangladesh.
  • Bangladesh Garments: Bangladesh Garments is a key player in the industry, known for its high-quality garment exports.
  • Hani Fabrics: Hani Fabrics is a well-known clothes and fabric manufacturer, contributing to the growth of the garment industry in Bangladesh.

Success Stories

Over the years, there have been numerous success stories in the garment business in Bangladesh. These stories highlight the resilience and adaptability of the local entrepreneurs. Some noteworthy success stories include:

  • Meerab Industries Ltd: Meerab Industries Ltd started as a small garment factory but has now grown into a major player in the global market. Their commitment to quality and customer satisfaction has led to their success.
  • Bangladesh Garments: Bangladesh Garments’ success can be attributed to their focus on innovation and continuous improvement. They have successfully tapped into new markets and expanded their customer base.
  • Hani Fabrics: Hani Fabrics’ success story is built on a solid foundation of integrity and professionalism. Their ability to adapt to changing market dynamics has helped them become a leading manufacturer in the industry.

These success stories provide inspiration to aspiring entrepreneurs in the garment industry. They demonstrate that with dedication, creativity, and a customer-centric approach, it is possible to achieve remarkable success in the business.

In conclusion, the garment industry in Bangladesh is home to many prominent businesses that have made their mark in the global market. The top players and success stories serve as a testament to the industry’s growth and potential. With the right strategies and a focus on quality, Bangladesh’s garment businesses continue to thrive and contribute to the country’s economy.

Government Policies And Regulations

garments business plan in bangladesh

Government policies and regulations play a crucial role in shaping the garments business in Bangladesh. With stringent requirements for licenses, factory approvals, and environmental certifications, the industry faces challenges in navigating compliance and ensuring sustainability. Adherence to these regulations is vital for maintaining standards and driving growth in the competitive global market.

Trade Agreements

Bangladesh benefits from duty-free market access or lower tariff rates for garment exports, including to important markets such as the United States, the European Union, and Canada. This is made possible through various trade agreements that the country has entered into. One such agreement is the Generalized System of Preferences (GSP) scheme, which allows Bangladesh to export certain products to the US at reduced or zero tariffs. Additionally, the Bangladesh-EU Trade Agreement grants the country preferential access to the European Union market, while the Canada-Bangladesh Trade Agreement provides similar benefits for exports to Canada.

Worker Rights

The government of Bangladesh has taken several measures to ensure the protection of worker rights in the garment industry. These measures include the enactment of laws and regulations that address issues such as minimum wage, working hours, occupational safety, and health standards. The Bangladesh Labor Act establishes the rights and obligations of workers and employers, promoting fair labor practices and safe working conditions. The government has also implemented the Accord on Fire and Building Safety in Bangladesh, a legally binding agreement between global brands, trade unions, and NGOs, to improve workplace safety in the country’s textile and apparel factories.

Frequently Asked Questions Of Garments Business In Bangladesh

What is the business situation in bangladesh for garments.

Bangladesh’s garment industry is a key player on the global stage, ranking as the second-largest exporter. Despite challenges like rising gas prices and inflation, the industry perseveres, fueled by growing demand and improving conditions for workers.

Which Is The Largest Garment Industry In Bangladesh?

The largest garment industry in Bangladesh is the one that has emerged as a significant player in the global market, securing its position as the second-largest garment exporter worldwide. It has shown resilience and adaptability, making it a key player in the textile and apparel sector.

What Are The Main Problems With The Garment Industry In Bangladesh?

Rising gas prices, inflation, and worker protests over low wages and poor conditions are key challenges.

How To Open A Garment Factory In Bangladesh?

To open a garment factory in Bangladesh, follow these steps: 1. Obtain an Export Registration Certificate (E. R. C) and an Import Registration Certificate (I. R. C). 2. Get approval for your factory layout plan and acquire a fire license.

3. Obtain a factory license and an environment certificate. 4. Become a member of the Chamber of Commerce. 5. Seek guidance from local authorities for any additional requirements.

With a growing reputation as a key player in global garment exports, Bangladesh showcases resilience and progress in the textile industry. Despite challenges, the nation’s garment sector demonstrates promising potential for future growth and contributions to the economy. Explore opportunities in Bangladesh’s dynamic garment business landscape.

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How to setup ready made garments (rmg) business in bangladesh.

Fashion defines us. How we look, what we wear chronicles our taste to the world. There is a tag below the collar of your shirt or inside the beltline of your pants which tells you the birthplace of the item you have chosen to portray your fashion with. A major chunk of it comes from the ready-made garments industry or RMG all around the world. RMG is the biggest exporting sector in Bangladesh. It has been the dominant wing of business for over a decade now and has put Bangladesh firmly on the map. Only in 2019 alone, RMG exports has accounted for USD 34.13 Billion, which is 84 % of the country’s total exports and that ranks it as the 2nd biggest RMG exporter in the world. 

The RMG sector has many parts and the production is not a small process by any means. The whole process starts with the vision of a designer who puts a sketch on paper. The same is then communicated to the companies and factories making the product. Then once it is approved, there is the sourcing of the materials which mostly happens from outside Bangladesh, followed by getting the materials into Bangladesh, making sure that it is the proper material which has been ordered. Then comes the matter of production, explaining the vision of the product to the labour force who will actually make the product and then finally once it is prepared, exporting the product to the customer. There is a huge amount of legal services involved in these matters from the beginning to the end and a lot of times even after the work is complete when disputes arise which is quite common in the garments industry. Such legal services include execution of commercial contracts between buyer and seller, LC (Letter of credit) related disputes, breach of contract, debts recovery etc. Other than that, labour disputes are also quite common in the RMG sector owing to the fact that this is a purely labour-intensive industry with a high number of labours employed.

Also, another part of it involves a lot of foreign investment in the garments industry in both factories and in the form of buying houses which represent some of the biggest brands outside the country. As a result of the foreign investments, it also attracts a lot of foreign expatriates who come to work in Bangladesh. There are also a number of Export Processing Zones in the country which serve specifically to the RMG sector and their exports. 

How to Setup Ready Made Business in Bangladesh

LICENSE AND REGISTARTION PROCESS 

Once a company has been set up, the next requirements are related to licenses for setting up factory. Depending on the type of operations the following is a rough list of the licenses that may be required by garments factory for operation. This list is non-exhaustive: 1. Export Registration Certificate (E.R.C) 2. Import Registration Certificate (I.R.C) 3. Factory Layout Plan Approval. 4. Fire License. 5. Factory License 6. Environment Certificate. 7. Membership of the Chamber of Commerce. 8. Membership & certification of Bangladesh Garments Manufactures & Exporters Associate (BGMEA) 9. Value Added Tax Registration Certificate. 10. Trade License. 11. Export Promotion Bureau Enrolment Certificate. 12. Tax Identification Number. (TIN) 13. Bank Solvency Certificate. 14. BOND License & General BOND (if applicable)  etc.    Buying houses play a big role in the garments industry. Some of the bigger brands around the world place order in the local companies and factories through buying houses. Buying houses can be set up in the form of a Sole Proprietorship, Partnership or Company. The Sole Proprietorship is the simplest form of ownership for which the owner will be responsible for all the liabilities i.e. profits, dues and taxes. It can be set up by simply purchasing a Trade License which has to be annually renewed. Partnerships in Bangladesh requires a minimum of Two to the highest of Twenty partners. It can be executed by a partnership agreement registered with the RJSC. There is also the option of setting up a buying house in the form of a subsidiary company with its’ share being held by the parent company. However, most foreign owners prefer having a branch office or liaison office specifically for this operation. Such branch/liaison office is required to obtain Bangladesh Investment Development Authority (BIDA) permission to run business.

Other than that, any foreigner, who is willing to work in Bangladesh must have a Work Permit. The process starts with an application to BIDA for an E-visa recommendation with all the requisite documents recommended by BIDA. Once the recommendation is received, the expatriate is then requested to apply to the respective Bangladesh Embassy or High Commission in their country with their recommended documents to receive the initial E-visa which the expatriate will use to travel to Bangladesh. The tenure of this visa is usually Three to Six months. Once inside Bangladesh, the expatriate will then have Fourteen days to apply for a Work Permit to BIDA with documents as per BIDA’s recommended list. The Work Permit is approved by an inter-ministerial meeting at BIDA usually for a period of One year. Once the Work Permit, is approved, it automatically triggers the process of the Security Clearance, which is then conducted by the National Security Intelligence and the Special Branch of Police. They perform the necessary checks and publish the name of all the expatriates who have been cleared. Only after the Security Clearance is obtained, the expatriate can extend the initial E-visa to the whole period of the Work Permit. Similarly, there is the FE visa which is required for any family members joining the expatriate in Bangladesh.

LEGAL ISSUES 

As mentioned above, the whole process has a lot of legal issues from the beginning to the end. Outside the registration and licenses, there are issues of land acquirement, which involves acquiring proper land with the right documentation for the factories to be set up. Usually setting up factories requires quite a bit of land. It is necessary for the ownership and title of the land to be transferred properly to the factory owners who intend to own land to set up factories. Therefore, it is necessary to conduct land search to check the ownership of the lands, to verify the title and interest of the rightful owners as per the laws of Bangladesh. In order to transfer the ownership of the land, it is necessary to execute and register the sale of deed & change the records in the name of the new owner (known as Mutation) as per the laws of Bangladesh.  Legal issues arise from implementation of the banking laws, as there are lots of foreign transactions involved in the garments industry. For example, when the materials for the garment are bought from outside the country, the company has to open a Letter of Credit and thus the banking regulations specifically with regards to foreign exchange comes into play. The same way, when the ready-made garment is sent to its’ customers, the foreign currency has to enter the country in a safe manner. Bangladesh Bank plays a major role in regulating these transactions under the foreign exchange regulations of Bangladesh. There are legal conundrums arising out of the contracts. There are lots of bi-lateral agreements signed between different countries and disputes are common when deadlines are not met. Claims arise from parties in Bangladesh, for example: against a party who was supposed to send a particular material in time but failed to do so. The same way foreign companies may claim against Bangladeshi factories for not delivering on time. Since, most of the garments materials and the garments themselves are transported by ships and by air cargo, sometimes legal implications with regards to transportation of goods by cargo arise from these consignments. Most of the legal disputes involve breach of international commercial contracts and such disputes are generally resolved through international arbitration.  Quite naturally with the high number of workers involved in the industry, legal issues arise often regarding termination, unfair dismissal, leaves, payment etc. In recent years, working environment has become very important for the workers and compliance departments. It is necessary to comply with the working hours, number of leaves, all employment benefits, termination benefits, trade union issues, workers’ welfare matters etc. under the Bangladesh Labour laws. The Department of Inspection for Factories and Establishments (DIFE) is the statutory body who has the authority to monitor all labour related issues.  

Due to the large scale of the business all around Bangladesh, and because the RMG sector is deeply rooted with the Textile industry there are environmental implications stemming from their operation. Even though Environment Clearance Certificates are a necessity while setting up a factory, it is not uncommon to see legal implications arising out of this. 

Introduction of FMA and its services

FMA is one of the best law firms in Bangladesh with extensive experience in working with the garments industry with clients both foreign and domestic. FMA has established an extremely reliable image with its’ work over the tenure of its’ existence. FMA being a full-service law firm, can provide legal assistance in almost all areas of the RMG industry from setting up a company starting from the name clearance to drafting of the company articles and memorandum of association and registration with the RJSC. FMA also provides support in obtaining all sorts of licenses including I.R.C, E.R.C, VAT, TIN, Trade License etc.

FMA also specializes in all sorts of immigration matters with regards to expatriates and provides support in obtaining the E-visas, FE visas and the Work Permit. FMA works with some of the biggest firms both local and foreign with regards to their expatriates. Also, services like assistance with obtaining encashment certificates and account openings are provided. FMA has a whole wing dedicated to the financial and taxation issues which can take care of all the tax matters, payroll etc. FMA’s expertise in labour issues are unparalleled regularly providing advice on all sorts of labour issues including termination, payments etc. FMA’s legal team consists of some excellent lawyers who can efficiently represent any aggrieved in the court system of Bangladesh regarding any labour, contract or relevant issue related to the RMG industry. Most importantly, in the RMG sector, since disputes quite regularly arise between entities in different countries and time is usually short to sort out these issues, parties generally opt for alternative dispute resolution. FMA has a very capable team for representation in arbitration, mediation and negotiation. All in all, FMA is a total service provider for sorts of legal issues.

COVID-19 impact on business Bangladesh has since its’ inception, never faced a crisis so unique. The resulting effect on the global economy has been devastating. Locking down and quarantining the mass has been a challenge in its’ own right. RMG sector in Bangladesh has taken the largest hit at over USD 2.5 Billion in cancelled orders approximately already.

The cancelled orders along with the very important requirement of social distancing has probed a lot of factories to shut down operation completely. For the first time in the history of the RMG sector, most of the factories have shut down in unison without any further notice of when they might re-open. This is a new and challenging territory both logistically and legally. For instance, what happens now to the workers? Do they get paid for their jobs, do they lose their jobs or does it stay in a stalemate situation?

The good news is that the government has declared incentive packages for the RMG sector which will enable them to pay the labour for the upcoming months, however, this pandemic can extend beyond that period and the effect of that is already visible. The labour laws of Bangladesh provide a lot of protection for workers from wrongful termination and has laws in place for lay-off situations and what kind of payment the workers can receive under these circumstances. In case of lay-off, the employees, who have completed at least 1 (one) year of service shall be entitled to the amount of compensation which shall be equal to half of the total basic salary of the employees and equal to the full amount of housing allowances that would have been payable to them if they had not been so laid-off. Retrenchment is an option available to the Employer after the initial lay-off period of 45 days. Retrenchment can take place on the ground of redundancy which means the owner can declare that there is no work available for the workers, and thereby, they may be retrenched. 

In summary, under this current unforeseen crisis created by the Novel Corona Virus, it is extremely difficult to evaluate what kind of situation the RMG sector will face. It has already costed billions to the economy. Work needs to resume soon enough to recoup the losses from this sector but since it is a labour intensive industry, the fight is presently more for life than the economy.

General rate of tax is 32.5% currently in the laws of Bangladesh. Nominal requirements for a limited company formed locally includes a number of reporting to be done to NBR, such as: Opening a TIN, Monthly Tax deduction statement, Half Yearly Withholding Tax statement, Yearly statement related to tax return submission of its employees, Yearly statement related to salary disbursed from company to its employees, Quarterly Advance tax deposition, Yearly Tax return submission, attending appeal/hearing session as required on behalf of the company, Monthly VAT return etc. FMA can advise and assist to satisfy all regulatory compliances to enable the company to run smooth and hassle free.  

Conclusion In conclusion, the RMG sector is still one of the booming sectors in the country. Bangladesh government has been very supportive of this sector which is why it has declared the opening of new export processing zones. Also, the government has mandated a deep sea port and another airport along with heavy investment on internal infrastructure, which means that trade will become even more easier in the near future. Bangladesh government is also encouraging foreign investors to invest in Bangladesh. Considering the condition of the sector, this might not be a bad idea. EXECUTIVE SUMMARY The Ready-Made Garments or RMG sector is the highest exporting sector in Bangladesh. The sector has grown over the few years like clockwork and still making steady progress. The RMG industry is a very labour intensive industry with factories all over the country. It is an industry where local and foreign investors have made huge investments.

It is not the hardest industry to enter especially in Bangladesh, where the Government has been very forward thinking regarding this sector. Outside the general industrial zones, the government has developed export processing zones to help increase the productivity of this industry. Once a company is formed with the Registrar of Joint Stock of Companies, the establishment of factories requires a number of licenses from different departments of the government to ensure health, safety and good working environment for the labour and the business overall. Textiles and buying houses also play major roles in the RMG industry, one bringing orders for the factories while the other providing raw materials. The RMG sector is related to a lot of other industries which directly affect its outcome, especially import/export, labour and banking etc. Based on that, the legal issues involving the RMG industry has also been huge. From the creation of a company, to setting up the factory, which is the minimum of the ground work any entity has to do to survive in this sector, there are lots of legal services to be provided especially with regards to the licenses, for example, trade license, TIN, VAT, I.R.C, E.R.C etc.. In addition, because there is a huge amount of foreign investor coming in to invest in this particular area, there is a presence of expatriates, who require work permit to work in the country.

FMA is one of the finest full-service law firms in Bangladesh well capable of providing any solutions in the legal industry for the RMG sector. FMA has a lot of experience with the setting up of companies and obtaining licenses as required in this case. FMA also has teams dedicated to the immigration matters of expatriates and for the financial department which works matters such as taxation and payroll etc. Even with the recent outbreak of the Covid-19 and its’ profound effect on the RMG sector, it is still the best sector to invest in Bangladesh. The Government of Bangladesh has been forward with this sector and it can only flourish going forward. For all your legal issues, FMA has the answer.

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Bangladesh on the World Stage

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Bangladesh’s Garment Industry: Future growth in a changing world

garments business plan in bangladesh

Bangladesh has emerged as a significant player in the global garment industry, securing its position as the second-largest garment exporter worldwide. The country's remarkable journey from economic struggles to becoming a key player in the textile and apparel sector is a testament to its resilience and adaptability.

The roots of Bangladesh's garment industry can be traced back to the 1970s, a period when the country was grappling with the aftermath of its Liberation War and the challenges of establishing a stable economy. In the early stages, the industry was primarily focused on meeting domestic demand, with limited international exposure. However, a series of economic reforms and strategic decisions paved the way for Bangladesh to enter the global market.

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Policy initiatives

The economic reforms initiated in the 1980s played a pivotal role in shaping Bangladesh's garment industry. The government, recognising the potential of the sector, implemented policies aimed at attracting foreign investment and fostering a conducive business environment. Incentives such as tax breaks, the duty-free import of machinery, and streamlined export procedures helped create a favourable climate for the growth of the garment industry.

Labour force

One of the key factors that propelled Bangladesh's garment industry onto the global stage is its abundant and cost-effective labour force. The country's population density and low wage rates attracted international apparel brands and manufacturers seeking to optimise production costs. This competitive advantage allowed Bangladesh to offer affordable clothing to consumers worldwide, fostering sustained demand for its products.

Participation in international trade agreements and preferential market access further boosted Bangladesh's garment exports. Agreements like the Generalized System of Preferences (GSP) provided the country with tariff advantages in key markets, facilitating increased export volumes. The strategic positioning of Bangladesh in proximity to major consumer markets, such as Europe and North America, also contributed to its accessibility to global supply chains.

While the growth of Bangladesh's garment industry has been remarkable, it has not been without challenges. The sector has faced criticism and scrutiny over issues such as labour rights, workplace safety, and environmental sustainability.

The rapid expansion of the garment industry in Bangladesh has raised concerns about working conditions and labour rights. Incidents such as the Rana Plaza collapse in 2013, which claimed the lives of over 1,000 garment workers, highlighted the need for improved safety standards and worker welfare. International pressure and advocacy have since led to increased awareness and efforts to address these issues.

garments business plan in bangladesh

The textile and apparel industry is notorious for its environmental impact, and Bangladesh's garment sector is no exception. The excessive use of water, chemicals, and energy in the production process has raised environmental concerns. Efforts are being made to adopt sustainable practices, with some manufacturers investing in eco-friendly technologies and processes to reduce their carbon footprint.

Global economic uncertainties

The garment industry is sensitive to global economic fluctuations and uncertainties. External factors such as economic recessions, trade tensions, and the impact of unforeseen events such as the Covid-19 pandemic can disrupt supply chains and affect demand for apparel. Navigating through these uncertainties requires resilience and adaptability.

Future prospects for growth

Despite the challenges, Bangladesh's garment industry continues to exhibit resilience and adaptability. The sector's prospects for future growth are shaped by a combination of factors, including technological advancements, sustainability initiatives, and changing consumer preferences.

The adoption of Industry 4.0 technologies is poised to revolutionise the garment manufacturing process in Bangladesh. Automation, artificial intelligence, and data analytics are being integrated into production systems to enhance efficiency, reduce costs, and improve quality. Embracing these technological advancements will not only boost productivity but also position Bangladesh as a competitive player in the evolving landscape of smart manufacturing.

garments business plan in bangladesh

In response to growing environmental awareness, there is a notable shift towards sustainable practices in the garment industry. Bangladesh has started to embrace eco-friendly initiatives, such as using recycled materials, reducing water consumption, and implementing waste management strategies. Adopting fairer manufacturing practices is not only an ethical imperative but also a strategic move to meet the demands of environmentally conscious consumers and comply with international standards.

The environmental impact of the garment industry is a global concern, and sustainable practices are crucial in mitigating this impact. Ethical manufacturing entails adopting eco-friendly production processes, reducing water and energy consumption, and minimising waste. By embracing sustainable practices, Bangladesh's garment industry can contribute to global efforts to address climate change and environmental degradation, showcasing a commitment to responsible business practices.

Consumer preferences are also shifting towards sustainable and ethically produced products. The demand for environmentally friendly and socially responsible fashion is on the rise, and Bangladesh's garment industry can tap into this trend by aligning its practices with consumer expectations. Sustainable and ethical manufacturing not only attracts conscious consumers but also opens up new market opportunities and strengthens brand loyalty.

Compliance with international standards

Many global retailers and consumers scrutinise the practices of suppliers, and compliance with internationally recognised standards ensures market access and fosters trust. Bangladesh's garment industry, by prioritising sustainability and ethics, can position itself as a responsible participant in the global supply chain.

In fact, sustainable practices and ethical manufacturing contribute to the resilience of Bangladesh's garment industry. Addressing labour rights issues and ensuring workplace safety can prevent disruptions due to strikes or accidents. Environmentally sustainable practices reduce exposure to regulatory risks and enhance the industry's adaptability in the face of changing environmental regulations and consumer expectations.

garments business plan in bangladesh

Embracing sustainability often involves adopting innovative technologies and processes. Sustainable practices can drive technological advancements in the industry, enhancing efficiency and reducing environmental impact. By investing in research and development of eco-friendly materials and production methods, Bangladesh's garment industry can position itself as a hub for innovation and sustainable manufacturing.

Diversification and value addition

To mitigate risks associated with overreliance on a single sector, Bangladesh's garment industry is exploring diversification and value addition. Rather than solely focusing on low-cost mass production, manufacturers are venturing into high-value segments, including customised and niche products. This strategic shift allows Bangladesh to cater to diverse market demands and create a more sustainable and resilient industry.

Bangladesh's garment industry has historically been focused on mass production of basic apparel items. Diversification involves expanding product lines to include a wider array of garments, from high-end fashion to niche markets such as sportswear, athleisure, and sustainable fashion. This strategy helps mitigate risks associated with dependence on a single market or product, making the industry more resilient to economic fluctuations and shifts in consumer preferences.

By diversifying product offerings, Bangladesh's garment industry can tap into niche markets that offer higher profit margins and sustained demand. Customised and specialised garments catered to specific consumer segments can create a competitive edge, allowing manufacturers to differentiate themselves in a crowded global marketplace.

Consumer preferences are dynamic, driven by factors such as sustainability, innovation, and individuality. Diversification enables Bangladesh's garment industry to adapt to these changing preferences. By offering a variety of products that align with diverse consumer needs, manufacturers can stay ahead of trends and maintain relevance in the highly competitive fashion landscape.

E-commerce and digital transformation

The rise of e-commerce and digital platforms has transformed the retail landscape, presenting new opportunities for the garment industry. Bangladesh's manufacturers are increasingly embracing digital transformation, from online sales channels to digital design and production processes. This shift not only facilitates direct access to consumers but also enables greater agility in responding to changing market trends.

E-commerce has dismantled geographical barriers, allowing Bangladesh's garment industry to reach a global audience with unprecedented ease. Online platforms provide manufacturers and exporters the opportunity to showcase their products to customers around the world, enabling them to tap into previously untapped markets. This newfound global reach has become instrumental in reducing dependence on traditional brick-and-mortar retail channels.

E-commerce platforms empower Bangladesh's garment industry to adopt a direct-to-consumer (DTC) model, eliminating intermediaries and establishing a more direct connection with end consumers. This shift allows manufacturers to gain better control over branding, pricing, and customer relationships. By cutting out middlemen, businesses can enhance profit margins and adapt more swiftly to changing consumer preferences.

Online presence through e-commerce platforms enhances the visibility and branding of Bangladesh's garment industry. Through digital marketing strategies, manufacturers can showcase their products to a vast and diverse audience. Social media, search engine optimisation, and other online marketing tools enable companies to build a strong brand image, fostering consumer trust and loyalty.

E-commerce facilitates real-time communication and collaboration across the entire supply chain, from manufacturers to retailers and end consumers. This enhanced connectivity optimises inventory management, reduces lead times, and minimises the risk of overstock or stockouts. The efficient flow of information ensures that products are delivered to consumers in a timely manner, contributing to customer satisfaction and loyalty.

The digital nature of e-commerce transactions generates vast amount of data that can be leveraged for insightful analytics. Bangladesh's garment industry can use this data to understand consumer behaviour, preferences, and market trends. By analysing this information, businesses can make data-driven decisions, refine their product offerings, and tailor marketing strategies to better align with the needs and desires of their target audience.

E-commerce platforms enable the garment industry to offer customised and personalised products, catering to individual preferences. Through user-friendly interfaces, consumers can personalise garment specifications, choose colours, and select sizes according to their preferences. This level of customisation enhances the overall shopping experience, fostering a sense of individuality and exclusivity.

Despite the positives, challenges lie ahead for Bangladesh's garment industry. The first of these is sustainability. While this represents an opportunity in some ways, it also is a threat. We are seeing global concerns about clothing over production and mass production centres such as Bangladesh could find themselves in the cross-hairs of these discussions.

There are also issues around climate change. Many buyers from Bangladesh now require their manufacturers to meet strict climate targets around energy use. Can garment makers meet these requirements? To do this, a coordinated approach is needed involving industry, government, and the national energy infrastructure. This issue will become parament over the next five years as buyers seek to hit 2030 climate targets.

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Competition is also a challenge. Fast growing rivals such as Vietnam and Turkey are capable of stealing market share from Bangladesh. The latter has the benefit of close proximity to Western customers. The former is ahead of Bangladesh in terms of its technical textile capabilities. Africa is also viewed by many as the next big thing in textile production, although progress in countries such as Ethiopia has been stop-start over the years.

Likewise, talk of near-shoring is an issue Bangladesh should keep a close eye on. There have for many years been discussions around textile near-shoring in countries such as the US and the UK. The benefits of this include speed to market and a reduced environmental footprint.

Near-shoring has yet to take off in any significant form due to numerous reasons—labour costs in the West, lack of skills base and so on—but it cannot be ruled out as a medium- to long-term threat to domestic garment makers.

Bangladesh's garment industry has come a long way since its inception, evolving into a key player on the global stage. The historical development of the sector reflects the resilience of the country in overcoming economic challenges and leveraging its strengths. As the industry faces ongoing challenges related to labour rights, environmental sustainability, and global economic uncertainties, its future growth prospects hinge on embracing technological advancements, sustainable practices, and diversification strategies.

By addressing the challenges and capitalising on emerging opportunities, Bangladesh's garment industry can navigate the complexities of a changing world. As the country continues to evolve, the industry's ability to balance economic growth with social and environmental responsibility will be crucial in shaping its role in the global garment market.

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Affordably Start Your Dream Clothing Business With NetworkBD

Starting a Clothing Business in Bangladesh might be difficult, but it can also be lucrative. NetworkBD understands that in every industry, success is defined by more than simply the product or service you provide. We analyze your target audience and competition, create an actionable plan to fulfill your company’s goals and work diligently to sell your items effectively. So if you are willing about Starting a Clothing Business in Bangladesh, feel free to contact us to setup your overall business process.

To succeed in the clothing industry, you must first learn about the business process. This method can assist you in learning more about the clothing task that you are expected to complete. You should consider this point when distributing products from suppliers or manufacturers to retailers, who can play an important role in managing the market to customers. You can use retailers who play an important role in visiting customers and bringing them to the store as a result of wholesale. You may be able to gain customers as a result of having good contacts. If you are successful in gaining customers, you may be able to start your clothing business.

Affordably-Starting-a-Clothing-Business

Our Experts Helps You To Create A Successful Plan Of Clothing Business

Planning is a trap to capture the future,  says an adage. There is an important aspect of starting a wholesale clothing business that is planning. Planning can play an important role in starting a wholesale clothing business. From a variety of perspectives, planning is one of the most important factors that can assist you in achieving your chosen goal. You must choose a location before making a plan. When you locate your wholesale clothing in a good location, you have the opportunity to improve your business by a small amount of time. You can find a good location near the manufacturer in this consideration. As a result, you will be able to save time and money, which is something that everyone who wants to start a wholesale clothing business in Bangladesh expects.

It will also benefit wholesalers in the area. There’s one more thing to consider when it comes to storage. When you are able to provide all types of products that are desired by everyone at all times, you will be able to spread your name and fame throughout Bangladesh. Many ideas that are beneficial to Starting a Clothing Business in Bangladesh can be included in the planning process.

The Important Steps Of Clothing Business Requirements

In Bangladesh, three types of business structures are still in use. Limited Company, Partnership Firm  and Sole Proprietorship are the three options.

There are two types of limited companies. The first is a Private Limited Company, while the second is a Public Limited Company.

A minimum of two and a maximum of fifty directors are required to form a private limited company. In contrast, the minimum number of members in a Public Limited Company should be seven, and the maximum number should be unlimited. A Joint Venture Company should have a minimum of two members and a maximum of fifty. At least one member should be Bangladeshi, and at least one should be a foreigner. There is no way for a single man to start a Limited Company in Bangladesh.

In order to register a business in Bangladesh, you must use a local address as the company’s registered address. The registered address must be a physical address (either residential or commercial), not a P.O. Box.

The Process of forming a company in Bangladesh consists of 5 steps:

  • Authorization by name
  • Document drafting (AoA, MoA)
  • open a paid investment bank account and bring it with you
  • the formation of a corporation and finally
  • Procedures for post-registration

It’s a good idea to get your trademark registered if you’re in the clothing business. This will protect your concepts and brand designs, preventing your competitors from stealing your ideas. You will be the sole owner of your designs if you register a trademark.

Finally, obtain sufficient funding, obtain the necessary materials for your business, and purchase business insurance. Last but not least, arrange for a professional services provider, such as NetworkBD, to handle your taxes.

Why Start Your Clothing Business With NetworkBD?

NetworkBD has been Bangladesh’s leading corporate service provider, and with good reason. We prioritize our clients’ needs, and we won’t stop working until your business goals are realized. Our passion has always been seeing our clients succeed, which is why we always come through for you.

We’ve helped hundreds of entrepreneurs in Bangladesh launch their businesses with great success. Please allow us to do the same for you. Contact us today for more information about our Bangladesh company formation services. So starting a clothing business with NetworkBD will be worthy and profitable.

FAQs For Starting a Clothing Business

Is it possible to make money in the clothes industry, how much do i need to start a clothing business.

Startup expenses vary considerably amongst clothing lines, but in general, a small clothing line will require a minimum of $500 to get started, a medium-sized brand would require between $1,000 and $5,000 in startup expenditures, and a large line will require between $25,000 and $50,000 in startup costs.

Why do the majority of fashion labels fail?

Many fashion startups fail due to a lack of resources. You’ll need extra human resources if you want your things delivered on time and your returns picked on time. If you want your orders to arrive on schedule, you’ll need the best inventory possible.

What constitutes an excellent clothes brand?

Create your easy & affordable clothing brand with networkbd.

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The future of the Bangladesh garment industry

garments business plan in bangladesh

The importance of the garment sector to the workers, the banking community, and the companies themselves is well understood to observers of the Bangladesh economy. The recovery of this industry is critical for the revival of our economy. The Covid-19 pandemic has provided an enormous challenge to the RMG industry. 

The threat to Bangladesh’s future prosperity is real. In this article, I address, first the next two years when the industry will be recovering from the shock of the sudden drop of demand. Then we look at the longer term, say another few years ending in 2030. 

I choose 2030 as the endpoint as by then the technology of the industry will have completely changed and the current comparative advantage of Bangladesh’s low-cost labour force will be largely irrelevant. To prosper for the next decade will require major change starting immediately to maintain a competitive edge. 

The central bank and the government seem to have a view that everything will come back quickly and we can expect full recovery by 2021. We all hope that turns out to be accurate, but most thinking about the way back is less optimistic.

For the garment sector, prosperity rests completely on the behaviour of the North American and European economies. The IMF forecasts for the advanced economies conclude that the GDP in 2022 will be the same as 2018. Clothing demand over the next two years is very uncertain. 

The patterns of consumption expenditures are really unknown. Furthermore, the IMF forecasts assume there is no second wave of infections in the advanced economies. In May 2020, there is little support for this assumption among epidemiologists, most of whom take the public position that such a second wave is inevitable. 

It is very likely that the lifting of restrictions will lead to the second wave of deaths and infections. This may bring partial lockdowns, lower than expected income recovery, and certainly greater caution in making consumption expenditures not immediately needed. 

The garment industry faces slow recovery of demand and rising competition as Asian and African countries fight for a larger share of the market in the advanced economies. 

Short-term challenges 

What are the challenges of the next two years? First, rebuilding the supply capacity in the face of constraints operating within the factories. These constraints effectively reduce the production rate. 

To maintain the level of production reached at the end of 2019, while maintaining the protection measures that BGMEA has mandated, it will be necessary to operate two shifts with wages structured to avoid increasing the labour cost per garment. 

Demand is unlikely to return to 2019 levels until after 2022. Nor is it likely to be feasible to remove the constraints on wider spacing and other health safety measures until early 2022. The supply chains are partially broken. 

Fabric from India cannot enter the country through Benapole and one cannot know when the Indian authorities will open the border. Supply chains from China are struggling to get started; some US buyers are skeptical about using Chinese fabrics and may insist on sourcing to other countries. 

All of this points to time and difficulty in reshaping supply chains. Bangladesh’s competitors are fighting for a greater share of the RMG markets. It is imperative that the supervision of the factories’ safety rules against the virus be implemented according to the Ministry of Labour’s instructions. 

Bangladesh does not need the human loss or the bad publicity of a major outbreak of Covid-19 among workers. Inevitably there will be many workers who become ill; it is important for the industry to maintain the protection measures. 

Competitiveness needs another look by the government. Competitor countries’ currencies have depreciated against the dollar more than the taka has. The government is using subsidies to help the RMG factories. Exporters receive 1% of the value of the exports. This is equivalent to a 2% depreciation of the taka. Furthermore, there is a delay of almost a year before factories receive this support. 

A depreciation of the taka of 10% or an increase of the subsidy to 5% would be an appropriate step to strengthen faltering competitiveness. 

Actions with longer run implications 

The world is likely to change with shorter supply chains, rising trade conflicts between China and the US, and uncertain demand patterns. 

To shorten the supply chains and increase the domestic value-added to RMG exports there are two programs that if started in 2021 will produce significant changes by 2023. First and most important is to upgrade the textile sector to produce domestically the fabrics and yarns needed. 

In FY2019 imports from China were more than $3bn for major items. The diversification of fabrics and yarns required is a consequence of making garments with higher domestic content. The development of the backward linkage textile mills almost doubled the impact of the sector in raising GDP after 1998; the domestic content can be raised again by a serious effort to produce the fabrics and yarns the industry needs. 

The existing textile plants must be given the opportunity to undertake serious upgrading of their production methods to reach the quality and diversity needed. Bangladesh Bank and the government must have some program to achieve this. Technical experts are needed to prepare the upgrades. 

The textile industry is not able to achieve the needed improvements without such technical assistance. To achieve the objective of improving the backward linkages the textile industry needs to begin as soon as feasible to investigate what is needed. 

These are complicated issues and the major RMG factories that are now importing fabrics and specialized yarns need to be consulted. Ultimately it is the foreign buyer who is going to accept the local fabric, making consultation and cooperation an important part of the upgrading. 

One has to be realistic, it is the foreign buyer who will decide if local fabrics are acceptable and one is better off by seeking their advice from the beginning. The second action that is needed is establishing a major training program to replace a large number of foreign workers in middle and high-level management. 

My rough estimate is the compensation of such foreign workers in the RMG sector comes to about $560m per annum. 

Training plus research and development

Upgrading many textile plants will call for more foreign workers unless there is a well-directed training program. These foreign experts are here as the owners of the RMG factories do not believe that there are Bangladesh- is available to do the work. 

The nation should be very ambitious here; establishing a university-level program to train mechanical engineers, chemists, and material engineers. One way to achieve this is to seek association with one of the leading western universities with excellent textile credentials for the garment and textile sectors. 

In addition to training, serious relevant research and development program is needed to raise Bangladesh to the frontier of garment and fabric production techniques. The industry has shown a remarkable lack of ambition largely content to follow along. 

The government has made some effort to develop training facilities as has BGMEA. But these have not been successful in achieving an international reputation. Much of what they teach is dated and few teachers have recent international training. 

Despite the efforts of these institutions for many years, there has been no reduction in the use of foreign managers and middle managers. I think there is no shortage of competent personnel to be trained, but there is a tremendous shortage of resources. 

Both BGMEA and the government have limited understanding of what is needed here and do not really take this matter seriously. But for the long run good of the sector, training and research are essential. 

Look at the contribution that the University of Dhaka’s IDA has made to the economy and review the history of the resources, methods, and time that this took. The third area is the continuing set of issues surrounding logistical related to the garment sector. There are short-run aspects that I skip, turning to the long-run issues. 

The issue is simple to state: The objective for the garment sector is to grow 10%-12% per annum for the next decade. That increases container outgoing shipments by a factor of two in seven years and at the high end by a factor of three by 2030. 

Are we able to have port facilities that can double container export capacity in seven years? For 20 years plans and projects for a deep-sea port have been discussed, but progress for a port suitable for the container exports and imports is far away. 

The Dhaka-Chittagong connection is also in desperate need of expansion. There is no time to waste in tackling these issues.

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How to Start a Garment Business in Bangladesh

How to Start a Garment Business in Bangladesh. To start a garment business in Bangladesh, research the market and regulations, create a business plan, and secure financing. Bangladesh offers a thriving garment industry due to its skilled workforce and competitive production costs, making it an attractive location for starting a clothing business.

The garment industry in Bangladesh has witnessed significant growth and is a major contributor to the country’s economy. With its abundant labor force and cost-effective production, Bangladesh has become a popular destination for garment manufacturing. If you are considering venturing into the garment business in Bangladesh, it’s crucial to understand the market dynamics, regulatory requirements, and financial aspects to ensure a successful start.

This guide will provide valuable insights into the essential steps and strategies for establishing and growing a garment business in Bangladesh.

Market Research

Market research is a crucial component of starting a garment business in Bangladesh. Understanding the textile industry, analyzing consumer preferences and trends, and gathering valuable insights are vital for making informed decisions and creating a strong foundation for success.

Understanding The Textile Industry

Before venturing into the garment business in Bangladesh, it’s essential to dive deep into understanding the textile industry. This involves assessing the landscape, including the existing players, production capabilities, export trends, and government policies. By conducting a thorough analysis, you can identify potential opportunities, competitive challenges, and the current market dynamics that could impact your business.

Analyzing Consumer Preferences And Trends

Consumer preferences and trends play a pivotal role in shaping the garment industry. Conducting market research to understand the demographic preferences, evolving fashion trends, and buying behaviors of the target audience is crucial. By leveraging this data, you can align your product offerings with market demands, stay ahead of industry shifts, and create compelling value propositions that resonate with consumers.

Legal And Regulatory Considerations

When starting a garment business in Bangladesh, it is crucial to understand the legal and regulatory considerations. Navigating through the legal framework and ensuring compliance with regulations will contribute to the success and sustainability of your business. Here, we’ll delve into the essential elements that you need to consider in this aspect.

Registering Your Business

Registering your garment business is a critical step to establishing its legal identity. You need to register your company with the Registrar of Joint Stock Companies and Firms (RJSC) . The following documents are typically required for the registration process:

  • Memorandum and Articles of Association
  • Certificate of Incorporation
  • Trade License
  • Bank Account Opening Certificate
  • Tax Identification Number (TIN) Certificate

Compliance With Labor Laws

Compliance with labor laws is paramount in the garment industry to ensure fair treatment of workers. It is essential to adhere to the Labor Act of Bangladesh , which outlines the rights and responsibilities of both employers and employees. Some key labor laws that you must adhere to include:

  • Minimum wage laws
  • Working hour regulations
  • Health and safety standards
  • Child labor laws
  • Employment of female workers

Ensure that you have robust policies and procedures in place to comply with these laws and conduct regular audits to monitor adherence.

Sourcing And Supply Chain Management

When starting a garment business in Bangladesh, sourcing and supply chain management play a pivotal role in ensuring the smooth flow of materials and products. Proper management of sourcing and supply chain can lead to greater efficiency, cost-savings, and improved quality control. In this article, we will explore the key aspects of sourcing and supply chain management for garment businesses in Bangladesh, focusing on finding reliable suppliers and implementing effective inventory management.

Finding Reliable Suppliers

Finding reliable suppliers is crucial for the success of a garment business. In Bangladesh, the textile and garment industry is highly competitive, and the quality of raw materials and components can significantly impact the final products. To find reliable suppliers , businesses need to conduct thorough research and due diligence. It is essential to look for suppliers with a track record of delivering high-quality materials, meeting deadlines, and offering competitive pricing.

  • Research potential suppliers and verify their reputation and reliability in the industry.
  • Establish clear communication channels to ensure smooth collaboration and timely delivery of materials.
  • Negotiate terms and contracts to secure favorable pricing and ensure consistency in the supply of materials.

Implementing Effective Inventory Management

Effective inventory management is essential for streamlining operations and minimizing wastage in a garment business. Proper management of inventory can help businesses maintain optimal stock levels, reduce carrying costs, and prevent stockouts.

  • Utilize inventory management software to track and monitor stock levels, forecast demand, and optimize reorder points.
  • Establish inventory control protocols to minimize shrinkage, damages, and obsolescence of materials.
  • Collaborate with suppliers to implement just-in-time inventory practices to minimize excess stock and improve cash flow.

Setting Up Production Facilities

Setting up production facilities is a crucial step in starting a successful garment business in Bangladesh. The country’s thriving textile and apparel industry makes it an attractive location for entrepreneurs looking to establish their production facilities. In this section, we will delve into the key considerations for setting up production facilities, including choosing the right location and establishing efficient production processes.

Choosing The Right Location

When considering the location of your garment production facility in Bangladesh, it’s essential to factor in proximity to raw materials, accessibility for transportation, and availability of skilled labor. Dhaka , the capital city, is a popular choice due to its well-established garment manufacturing hub and access to major ports for exporting finished products. However, other regions such as Chittagong and Gazipur also offer strategic advantages. Gazipur is particularly known for its concentration of garment factories and infrastructure support, while Chittagong provides proximity to the seaport, aiding in international shipments. Ultimately, the chosen location should align with your specific operational needs and business goals.

Establishing Efficient Production Processes

Efficiency is paramount in the garment manufacturing industry, and establishing streamlined production processes is essential for maximizing productivity and minimizing costs. Implementing modern manufacturing technologies and adopting lean production techniques can significantly improve operational efficiency. Investing in automated cutting machines, sewing equipment, and production line assembly can enhance speed and accuracy in garment manufacturing. Furthermore, optimizing workflow design, inventory management, and quality control procedures are integral to ensuring smooth operations. Leveraging industry best practices and adhering to international quality standards are necessary to position your production facility competitively in the global market.

Marketing And Distribution Strategies

When entering the garment business in Bangladesh, having a strong marketing and distribution strategy plays a vital role in the success of your venture. It is essential to not only create a powerful brand identity but also to explore export opportunities to maximize your reach and profitability.

Building A Strong Brand Identity

Building a strong brand identity is crucial for positioning your garment business in the competitive market. To achieve this, focus on creating a unique brand image that resonates with your target audience. This involves developing a memorable and visually appealing logo, crafting compelling brand messaging, and maintaining a consistent brand aesthetic across all marketing collaterals.

Exploring Export Opportunities

Expanding your garment business beyond the borders of Bangladesh opens up lucrative growth opportunities. Research and identify potential export markets, establish strong partnerships with international distributors and ensure compliance with international trade regulations and quality standards. Leveraging export opportunities can significantly boost your garment business’s revenue and global presence.

reuters.com

Frequently Asked Questions On How To Start Garment Business In Bangladesh

How can i start a garment business in bangladesh.

To start a garment business in Bangladesh, research the market, find a reliable manufacturer, obtain necessary permits, and establish a distribution network. Understanding the local culture and business environment is crucial for success.

What Are The Key Factors For Success In The Garment Industry In Bangladesh?

The key factors for success in the garment industry in Bangladesh include strategic location, skilled labor force, compliance with regulations, ethical business practices, and efficient supply chain management. Building strong relationships with suppliers and customers is also essential.

How Can I Find Reliable Garment Manufacturers In Bangladesh?

To find reliable garment manufacturers in Bangladesh, attend trade shows and industry events, seek referrals from other businesses, use online sourcing platforms, and visit manufacturing facilities in person. Verify their certifications, production capacity, and quality control processes before making a decision.

Starting a garment business in Bangladesh offers immense potential for growth and success. With a strategic approach and understanding of the market, entrepreneurs can tap into the country’s thriving textile industry. By leveraging the skilled workforce and cost-effective production, one can turn this venture into a lucrative opportunity.

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LAW FIRM IN BANGLADESH TRW LOGO TAHMIDUR RAHMAN

Contact No:

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[email protected] [email protected] [email protected]

Global Law Firm in Bangladesh.

Dhaka :   House 410, Road 29, Mohakhali DOHS Dubai:  Rolex Building, L-12 Sheikh Zayed Road London:  1156, St Giles Avenue, Dagenham

Garments Business in Bangladesh

LICENSING PROCESS for Garments Business in Bangladesh:

Generally, establishing a garment factory or Garments Business in Bangladesh begins with registering a business with the Registrar of Joint Stock Companies, often known as RJSC. A public or private limited company is available. Private limited corporations have a fixed list of shareholders, but public limited Garments Business in Bangladesh can sell shares to the public to raise capital.

The incorporation process for any firm begins with a Name Clearance Certificate and continues according to the RJSC’s list of required documents. The Articles of Association and Memorandum of Association define the ownership and operation of the companies .

Garments Business In Bangladesh Top Law Firm In Dhaka Tahmidur Rahman

Depending on the needs of the RJSC, the paperwork requirements for Garments Business in Bangladesh will vary when foreign owners are involved. Foreign owners have the option of establishing a subsidiary business that is a limited liability corporation in which the parent company has ownership.

Bangladesh’s Top 10  Textiles Imports  By Countries

Sr NoCountry NameImport Value (in Million $)Import Share Percentage (%)
1China4161.9735.11
2India1944.5916.41
3Hong Kong, China1645.2713.88
4Pakistan639.435.39
5Other Asia, nes339.482.86
6Korea, Rep.263.652.22
7Uzbekistan250.312.11
8Unspecified237.362
9Singapore235.491.99
10United Arab Emirates231.061.95
Total Textile Import Market Size of Bangladesh :  (in Billion)

List of licenses for Garments Business in Bangladesh:

Once a firm has been established, the next necessary steps involve acquiring factory licenses. The following is an approximate list of the licenses that may be required for a garment factory to operate, depending on the type of operations. This list is not conclusive or determinative:

  • Registration Certificate for Export (E.R.C)
  • Import Registration Certificate (I.R.C)
  • Approval of Factory Layout Plan.
  • Fire License.
  • Factory Permit
  • Environment Certificate. Chamber of Commerce membership 7. Membership and certification of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Certificate of Value Added Tax Registration
  • Trade License .
  • Export Promotion Bureau Enrolment Certificate.
  • Identification number for taxes (TIN) Bank Solvency Certificate No. 13.
  • BOND License & General BOND (where applicable) etc.

Garments Business In Bangladesh Top Law Firm In Dhaka Bangladesh

Purchasing houses play a significant role in the apparel business. Some of the world’s largest brands place orders with local businesses and manufacturers via buying houses. Purchasing real estate can be organized as a Sole Proprietorship, Partnership, or Corporation.

The sole proprietorship for Garments Business in Bangladesh is the simplest type of ownership in which the owner is liable for all liabilities, including earnings, dues, and taxes. It can be established by acquiring a Trade License, which must be renewed annually. Bangladesh requires a minimum of Two and a maximum of Twenty partners for partnerships. It can be done through a registered partnership agreement with the RJSC.

Garments Business In Bangladesh Top Law Firm In Dhaka Trr

BIDA authority and Garments Business in Bangladesh:

There is also the possibility of establishing a buying house as a subsidiary company whose shares are held by the parent company. The majority of foreign owners, however, prefer to have a branch office or liaison office dedicated to this business. This branch/liaison office is required to receive authorisation to conduct business from the Bangladesh Investment Development Authority (BIDA).

Aside from these exceptions, all foreigners who wish to work in Bangladesh must possess a Work Permit. The procedure begins with a request to BIDA for an E-visa recommendation, accompanied by all documentation requested by BIDA.

The expatriate is then required to apply to the respective Bangladesh Embassy or High Commission in their country, along with the prescribed documents, in order to receive the initial E-visa that will be used for travel to Bangladesh. The duration of this visa is often between Three and Six months.

After entering Bangladesh, the expatriate will have fourteen days to submit a Work Permit application to BIDA with the required documentation. The Work Permit is typically granted for one year by an inter-ministerial meeting at BIDA. The National Security Intelligence and the Special Branch of the Police conduct the Security Clearance process once the Work Permit is authorized.

They conduct the appropriate screenings and publish the names of all cleared expatriates. Only after obtaining a Security Clearance can the expatriate extend the initial E-visa to cover the duration of the Work Permit. Likewise, the FE visa is necessary for any family members accompanying an expatriate to Bangladesh .

Garments Business In Bangladesh Top Law Firm In Dhaka

LEGAL ISSUES in regards to Garments Business in Bangladesh:

As stated previously, the entire procedure is fraught with legal concerns from beginning to end. Aside from registration and licenses, there are challenges pertaining to land acquisition, which include acquiring the necessary land with the appropriate papers for the establishment of factories. Typically, establishing factories takes a substantial amount of land.

The ownership and title of the land must be appropriately transferred to factory owners who wish to establish factories on their own land. In accordance with Bangladeshi law, it is important to undertake a land search in order to verify the title and interest of the land’s legal owners.

According to Bangladeshi law, in order to transfer land ownership, it is essential to execute and register the sale of deed and modify the records to the name of the new owner (known as Mutation).

Banking law and Garments Business in Bangladesh:

As the clothing sector involves numerous international transactions, the execution of banking legislation raises legal concerns. When the materials for a garment are purchased from a foreign country, for instance, the company must obtain a Letter of Credit, and therefore the banking restrictions regarding foreign exchange come into play. Similarly, when a ready-to-wear item is shipped to its clients, the foreign cash must enter the country securely . Bangladesh Bank plays a significant role in regulating these transactions in accordance with Bangladesh’s foreign exchange legislation.

Contract law and Garments Business in Bangladesh:

Garments Business In Bangladesh Top Law Firm In Dhaka Barristers

There are legal complications resulting from the contracts. There are several bilateral agreements between nations, and disagreements are prevalent when deadlines are missed. Claims originate from parties in Bangladesh, for instance, against a party that was obligated to supply specific materials on time but did not.

Similarly, international corporations may file claims against Bangladeshi manufacturing for late deliveries. Since the majority of garments materials and garments themselves are carried by ship and by air cargo, these consignments can have legal consequences regarding the transfer of products via cargo. The majority of legal disputes involve breaches of international economic contracts, which are typically addressed by international arbitration.

Garments Business In Bangladesh Top Law Firm In Dhaka Tahmidur Rahman Remura

Numerous legal difficulties surrounding termination, unfair dismissal, leaves, remuneration, etc. develop frequently due to the enormous number of workers in the industry. In recent years, workers and compliance departments have placed a premium on the working environment. The Bangladesh Labour laws require compliance with working hours, number of leaves, all employment perks, termination benefits, trade union issues, workers’ welfare issues, etc. The Department of Inspection for Factories and Establishments (DIFE) is the government agency charged with overseeing all labor-related matters.

Garments Business In Bangladesh Top Law Firm In Dhaka Advocates

Environmental Clarence certificate for Garments Business in Bangladesh:

Due to the size of the business in Bangladesh and the fact that the RMG sector is deeply anchored in the textile industry, its operations have environmental repercussions. Even though Environment Clearance Certificates are required to establish a plant, it is fairly uncommon for legal ramifications to result.

Description of the Tahmidur Rahman Remura Wahid TRW and its services

Tahmidur Rahman Remura Wahid TRW is one of the leading law firms in Bangladesh, with vast expertise representing foreign and domestic clients in the garments business. Over the course of its existence, Tahmidur Rahman Remura Wahid TRW’s work has earned an incredibly dependable reputation.

As a full-service law practice, Tahmidur Rahman Remura Wahid TRW is able to provide legal support in practically all sectors of the RMG industry, beginning with the name clearing, company articles and memorandum of association drafting, and RJSC registration. Tahmidur Rahman Remura Wahid TRW also offers assistance in acquiring various licenses, such as I.R.C, E.R.C, VAT, TIN, Trade License, etc.

Tahmidur Rahman Remura Wahid TRW specializes in all types of immigration concerns pertaining to expatriates and offers assistance in acquiring E-visas, FE visas, and work permits.

Regarding their expats, Tahmidur Rahman Remura Wahid TRW collaborates with some of the largest companies, both domestic and abroad. Additionally, account opening support and assistance with acquiring encashment certificates are provided. Tahmidur Rahman Remura Wahid TRW offers an entire division dedicated to financial and tax matters that can handle all tax matters, payroll, etc. Tahmidur Rahman Remura Wahid TRW’s expertise in labor issues is unmatched, and the organization often offers guidance on all types of labor difficulties, including termination, payments, etc. Tahmidur Rahman Remura Wahid TRW’s legal team is comprised of exceptional attorneys who can effectively represent any RMG industry-related labor, contract, or pertinent matter in the Bangladeshi judicial system. Importantly, in the RMG industry, where conflicts frequently arise between companies from various countries and time to resolve them is typically limited, parties typically choose for alternative dispute resolution . Tahmidur Rahman Remura Wahid TRW has a very qualified staff for arbitration, mediation , and negotiation counsel. Overall, Tahmidur Rahman Remura Wahid TRW is a comprehensive service provider for all types of legal matters.

The labor laws of Bangladesh give a great deal of protection for workers against wrongful termination, as well as regulations governing layoff situations and the type of compensation workers can receive in these instances. In the event of a layoff, employees with at least one year of service are entitled to compensation equal to one-half of their entire basic pay plus the full amount of housing allowances they would have received if they had not been laid off. The Employer has the option of retrenchment after the initial 45-day period of layoff. Redundancy is a permissible reason for retrenchment, which allows the owner to claim that there is no work available for the employees, who may then be laid off.

In conclusion, it is extremely difficult to predict the future state of the RMG industry in light of the current unanticipated crisis caused by the Novel Corona Virus. It has already cost the economy billions. Work must resume as soon as possible to recuperate the sector’s losses, but because this is a labor-intensive business, the struggle is currently more for survival than for the economy.

Garments Business In Bangladesh Top Law Firm In Dhaka Tahmidur

Taxation for Garments Business in Bangladesh:

The current general tax rate in Bangladesh is 32.5 percent, as stipulated by its legislation. Locally created limited liability companies are required to submit a variety of reports to the National Board of Revenue (NBR), including: opening a Tax Identification Number (TIN), submitting an annual return, and submitting an annual return for the previous year. Monthly Tax Deduction Statement, Semi-Annual Withholding Tax Statement, Annual Statement Relating to Employee Tax Return Filing, Annual Statement Relating to Salary Paid by the Company to Employees. Quarterly Advance tax deposit, Annual tax return submission, representing the company at appeal/hearing sessions, Monthly VAT return, etc. Tahmidur Rahman Remura Wahid TRW may provide guidance and assistance to ensure that all regulatory compliances are met, allowing the business to operate without difficulty. In conclusion, the RMG industry remains one of the most dynamic industries in the country. The Bangladesh government has declared the creation of new export processing zones due to its strong support for this industry. In addition, the government has authorized the construction of a deep-sea port and a second airport, as well as a substantial investment in the nation’s internal infrastructure, which will facilitate trade in the near future. The government of Bangladesh also encourages international investors to invest in the country. Considering the state of the industry, this may not be such a bad idea.

Bangladesh’s Top 10  Textiles Exports  By Countries

Sr NoCountry NameExport Value (in Million $)Exporter Share Percentage (%)
1United States5847.2620.65
2Germany4450.4715.72
3United Kingdom3294.1911.63
4Spain1755.126.2
5France1688.275.96
6Italy1255.534.43
7Canada1031.783.64
8Belgium787.342.78
9Japan720.872.55
10Netherlands665.312.35
Total Textile Export Market Size of Bangladesh :  (in Billion)

Future of RMG investment in Bangladesh and Garments Business in Bangladesh:

The Ready-Made Garments (RMG) industry is the leading exporter in Bangladesh. The sector has grown steadily over the past few years and continues to do so. The RMG sector is a labor-intensive industry with manufacturers located throughout the nation. In this industry, both domestic and international investors have made substantial investments.

It is not the most difficult industry to enter, particularly in Bangladesh, where the government has shown a great deal of foresight towards this area. The government has established export processing zones outside the ordinary industrial zones to help boost the productivity of this business . The establishment of factories requires a variety of permits from several government departments to protect the health, safety, and excellent working environment of the workforce and the business as a whole. Textiles and buying houses also play significant roles in the RMG business, with the former giving companies orders and the latter supplying raw materials. Numerous businesses, including import/export, labor, and finance, among others, have a direct impact on the RMG industry’s performance. In light of this, the legal concerns surrounding the RMG industry have also been substantial. From the formation of a corporation to the establishment of a factory, which is the minimal amount of groundwork any entity must do to thrive in this sector, there are a multitude of legal services to be supplied, particularly in terms of licenses, such as trade license, TIN, VAT, I.R.C, E.R.C, etc. The presence of expatriates, who require a work permit to work in the country, is also a result of the large number of foreign investors investing in this particular sector.

Tahmidur Rahman Remura Wahid TRW is one of the best full-service law firms in Bangladesh , competent to provide any legal industry solutions for the RMG industry. Tahmidur Rahman Remura Wahid TRW has extensive experience in company formation and license acquisition, as necessary in this instance. Tahmidur Rahman Remura Wahid TRW also has departments dedicated to expats’ immigration issues and the financial department, which handles issues such as taxation, payroll, etc.

Garments Business In Bangladesh Top Law Firm In Dhaka Lawyers

Are you planning to do Garments Business in Bangladesh?

Garments Business in Bangladesh with  Tahmidur Rahman Remura: TRW: The Law Firm in Bangladesh:

The legal team of Tahmidur Rahman,  The Law Firm in Banglades h: TRW, The Law Firm in Bangladesh are highly experienced in  providing all kinds of services related  to forming and incorporating a Garments Business in Bangladesh. For queries or legal assistance, please reach us at:

E-mail:  [email protected] Phone: +8801847220062 or +8801779127165

Address: House 410, Road 29, Mohakhali DOHS

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About Garment Industry of Bangladesh

The readymade garments industry acts as a catalyst for the development of Bangladesh. The "Made in Bangladesh" tag has also brought glory for the country, making it a prestigious brand across the globe. Bangladesh, which was once termed by cynics a "bottomless basket" has now become a "basket full of wonders." The country with its limited resources has been maintaining 6% annual average GDP growth rate and has brought about remarkable social and human development.

After the independence in 1971, Bangladesh was one of poorest countries in the world. No major industries were developed in Bangladesh, when it was known as East Pakistan, due to discriminatory attitude and policies of the government of the then West Pakistan. So, rebuilding the war-ravaged country with limited resources appeared to be the biggest challenge.

The industry that has been making crucial contribution to rebuilding the country and its economy is none other than the readymade garment (RMG) industry which is now the single biggest export earner for Bangladesh. The sector accounts for 83% of total export earnings of the country.

garments business plan in bangladesh

When our only major export earner "the jute industry" started losing its golden days, it is the RMG sector that replaced it, and then, to overtake it.

The apparel industry of Bangladesh started its journey in the 1980s and has come to the position it is in today. The late NuroolQuader Khan was the pioneer of the readymade garment industry in Bangladesh. He had a vision of how to transform the country. In 1978, he sent 130 trainees to South Korea where they learned how to produce readymade garments.

garments business plan in bangladesh

With those trainees, he set up the first factory "Desh Garments"  to produce garments for export. At the same time, the late Akhter Mohammad Musa of Bond Garments, the late Mohammad Reazuddin of Reaz Garments, MdHumayun of Paris Garments, Engineer Mohammad Fazlul Azim of Azim Group, Major (Retd) Abdul Mannan of Sunman Group, M Shamsur Rahman of Stylecraft Limited, the first President of BGMEA, AM Subid Ali of Aristocrat Limited also came forward and established some of the first garment factories in Bangladesh.

Following their footsteps, other prudent and hardworking entrepreneurs started RMG factories in the country. Since then, Bangladeshi garment industry did not need to look behind. Despite many difficulties faced by the sector over the past years, it has carved a niche in world market and kept continuing to show robust performance.

Since the early days, different sources of impetus have contributed to the development and maturity of the industry at various stages. We learned about child-labour in 1994, and successfully made the industry free from child labour in 1995.

The MFA-quota was a blessing to our industry to take root, gradually develop and mature. While the quota was approaching to an end in 2004, it was predicted by many that the phase-out would incur a massive upset in our export.

However, the post-MFA era is another story of success. Proving all the predictions wrong, we conquered the post-MFA challenges. Now the apparel industry is Bangladesh's biggest export earner with value of over $27.9 billion of exports in 2019-20 financial year.

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Bangladesh: A Rising Force in Textile and Garment Production

  • First Online: 01 September 2024

Cite this chapter

garments business plan in bangladesh

  • Vashkar Roy Chowdhury 6 ,
  • Nashita Ahmed 7 ,
  • Brishte Paul Lucky 7 &
  • S. Greeshma 8  

Part of the book series: SDGs and Textiles ((SDGT))

16 Accesses

Bangladesh's Ready-Made Garment (RMG) industry and clothing production industry continue to maintain a significant position in the international market. Bangladesh's RMG (Ready-Made Garment) business has long catalyzed the nation's growth and sustainable development. It is Bangladesh's biggest export sector, and during the past 25 years, it has grown tremendously. It contributed 16% of GDP, over five million direct jobs, and over 81% of foreign exchange revenues. This article describes the growth trends in this industry, illuminating the region's remarkable accomplishments. This industry also uses sustainable technologies and practices, and government support and legislation are demonstrated. This industry also has to deal with issues relating to labor relations, workplace conditions, infrastructure problems in the supply chain, sustainability, environmental concerns, etc. All of these challenges are expertly illustrated in this article. Additionally, a few certifications obtained by the textile industry in Bangladesh are presented here.

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Quest for the eco‐apparel market: A study of mothers’ willingness to purchase organic cotton clothing for their children—Gam—2010—Int J Consum Stud—Wiley Online Library. (n.d.). Accessed 28 Apr 2024, from https://doi.org/10.1111/j.1470-6431.2010.00898.x

Rahman MH, Muzib S, Chaity RA (2018) Ready-made garments of Bangladesh: an overview

Razzaue A, Eusuf A (n.d.) Trade, development and poverty linkage: a case study of ready made garment industry in Bangladesh.

Sarkar A, Qian L, Peau AK (2020) Overview of green business practices within the Bangladeshi RMG industry: competitiveness and sustainable development perspective. Environ Sci Pollut Res 27(18):22888–22901. https://doi.org/10.1007/s11356-020-08816-y

Saxena DSB, Salze-Lozac’h V (n.d.) Competitiveness in the garment and textiles industry: creating a supportive environment.

Shin’ichirō Hori (n.d.) In the wake of a Buddhist Monk in 15th-century Eastern India: the manuscripts of sanskrit grammatical texts originally owned by Vanaratna.

Sun D (2023) Bangladesh now 35th largest economy in the world. Daily-Sun. https://www.daily-sun.com/post/666570

TEXtalks (2024) Future growth of Bangladeshi garment industry in a changing world—TEXtalks | let’s talk textiles... https://textalks.com/future-growth-of-bangladeshi-garment-industry-in-a-changing-world/ , https://textalks.com/future-growth-of-bangladeshi-garment-industry-in-a-changing-world/

Uddin M (2024) Bangladesh’s garment industry: future growth in a changing world. The daily star. https://www.thedailystar.net/anniversary-supplement-2024/bangladesh-the-world-stage/news/bangladeshs-garment-industry-future-growth-changing-world-3543371

Uddin MN (2014) A study on the work place environment in garment industry: challenges and opportunities. https://www.semanticscholar.org/paper/A-study-on-the-work-place-environment-in-garment-Uddin/880fb64eb4316d14755544c08ca8e7e4eee53665

Uddin M, Ullah MR, Dipto MRR (2021) Assessment of the current working condition of the garment workers and determining the importance of labor union for the improvement of working condition in the RMG industry of Bangladesh 11(1). https://doi.org/10.46254/AN11.20210559

Chowdhury AY, Habib M (2017) Use of collaborative plan in supply chain management: a case study on Bangladesh readymade garments industry. Int Supply Chain Technol J 03(12). https://doi.org/10.20545/isctj.v3i12.128

Vatsal (2023) Emerging markets for textile exports: opportunities and challenges. Vatsal Exports LLP. https://vatsalexports.com/emerging-markets-for-textile-exports-opportunities-and-challenges/

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Department of Fabric Engineering, Bangladesh University of Textiles, Tejgaon, Dhaka, 1208, Bangladesh

Vashkar Roy Chowdhury

Department of Environmental Science and Engineering, Bangladesh University of Textiles, Tejgaon, Dhaka, 1208, Bangladesh

Nashita Ahmed & Brishte Paul Lucky

Department of Fashion Design, School of Arts and Design, Woxsen University, Hyderabad, Telangana, 502345, India

S. Greeshma

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Department of Fashion Design, School of Arts and Design, Woxsen University, Hyderabad, Telangana, India

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Zhejiang Sci-Tech University, Hangzhou, China

Hafeezullah Memon

Department of Fashion Design, Woxsen University, Hyderabad, Telangana, India

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Chowdhury, V.R., Ahmed, N., Lucky, B.P., Greeshma, S. (2024). Bangladesh: A Rising Force in Textile and Garment Production. In: Sadhna, Kumar, R., Memon, H., Greeshma, S. (eds) Consumption and Production in the Textile and Garment Industry. SDGs and Textiles. Springer, Singapore. https://doi.org/10.1007/978-981-97-6577-5_7

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garments business plan in bangladesh

How to Start Online Clothing Business in Bangladesh

There are a few things to consider when starting an online clothing business in Bangladesh. First, you will need to decide what type of clothing you would like to sell. There are many different options available, so it is important to choose something that you are passionate about and that there is a demand for. Once you have decided on the type of clothing you would like to sell, you will need to find a source for your products. You can either manufacture your own clothing or purchase it from a wholesaler. Once you have found a source for your products, you will need to create an online store and start marketing your business.

garments business plan in bangladesh

Credit: www.magestore.com

How Can I Sell My Clothes Online in Bangladesh?

There are a few things to keep in mind when selling clothes online in Bangladesh. First, take good photos of your items. This will help potential buyers get a sense of what they’re looking at and whether or not they’re interested. Second, be clear and concise in your descriptions. Include information like size, condition, material, etc. so that buyers know exactly what they’re getting. Finally, price your items fairly. Don’t overcharge or undercharge – you want to find that sweet spot where you’ll attract buyers but still make a profit. With these tips in mind, you should be able to sell your clothes online in Bangladesh with no problem!

How Much Money Do You Need to Start an Online Clothing Business?

In order to start an online clothing business, you will need a minimum of $2000. This will cover the cost of purchasing inventory, hiring a web designer, and setting up advertising. You will also need to factor in the costs of shipping and handling for your customers. If you plan on dropshipping items, you will need to factor in the cost of goods as well. Depending on the type of clothing you sell, your start-up costs could be higher or lower than this estimate. If you are selling simple t-shirts, you can get by with a smaller budget. However, if you are selling more expensive items such as wedding dresses, your start-up costs will be higher. It is important to do some research on the average prices for the items you want to sell before starting your business. This way, you can price your products competitively and still make a profit. Clothing businesses can be very profitable, but they require some initial investment in order to get started. With a little planning and research, you can launch your own online clothing store without breaking the bank!

Which Online Business is Most Profitable in Bangladesh?

There are many online businesses that are profitable in Bangladesh. Some of the most popular and profitable online businesses include e-commerce, digital marketing, and web development. E-commerce is one of the most popular and profitable online businesses in Bangladesh. There are many e-commerce platforms that allow you to sell products and services online. You can also set up an online store on your own website or blog. Digital marketing is another popular and profitable online business in Bangladesh. You can help companies promote their products and services through social media, email marketing, and search engine optimization (SEO). Web development is also a popular and profitable online business in Bangladesh. You can create websites for companies or individuals. You can also offer web design and development services to clients from all over the world.

How to Start a Small Garments Business in Bangladesh?

There are a few things to keep in mind when starting a small garments business in Bangladesh. Firstly, the country has a very large and growing population, which presents both opportunities and challenges for businesses. The opportunities include a large potential customer base, as well as low labor costs. However, businesses need to be aware of the challenges posed by high levels of poverty and political instability. In terms of the garment industry specifically, Bangladesh has become one of the world’s leading producers in recent years. The country has a number of advantages in this regard, including a large pool of skilled workers and relatively low production costs. As such, there is significant potential for businesses that are able to tap into this market successfully. One of the key considerations for any business looking to operate in Bangladesh is finding the right partners and suppliers. With the right relationships in place, it is possible to source materials and products at competitive prices while also ensuring that quality standards are met. Additionally, it is important to have an understanding of local customs and regulations so that your business can operate smoothly within the Bangladeshi market. If you are considering starting a small garments business in Bangladesh, then it is essential to do your research and plan carefully.

Cloths Buy & Sell – Online Business Ideas in Bangladesh | অনলাইনে জামা কাপড়ের ব্যবসা । Comprolog.

Fashiontiy is an online fashion and beauty community that helps women discover and share the latest trends, products, and ideas. The site includes a blog, photos, videos, and a forum where members can ask questions and give advice. Fashiontiy also offers a monthly subscription box containing sample-sized beauty products from top brands.

Are you looking to start an online clothing business in Bangladesh? There are a few things you need to know before getting started. First, you need to choose a niche for your clothing business. You can either sell traditional Bangladeshi clothes or more modern styles. Once you’ve chosen your niche, you need to find a supplier for your clothing. There are a few different ways to do this, but the easiest way is to find a supplier online. Finally, you need to set up your website and start marketing your clothing business. These are just a few tips on how to get started with an online clothing business in Bangladesh.

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The Garment Factory: SIJI GARMENTS CO. LTD. is located at Mawna, Sreepur Industrial area which is approximately 40 km from Dhaka. It consists of a four-storied production building covering approximately 110,000 square feet. The factory was established in 2013 by foreign investment and ownership. Take a look at some of the Factory pictures below:

Garment Factory in Bangladesh

The Legitimacy of This Factory

This Garment Factory has been evaluated and certified as an approved BSCI, DBID, number: 341520, others WRAP, ACCORD and OEKO-TEX. Certification is under process and will issue within six months.

List of Memberships:

  • Dhaka Chamber of Commerce & Industry
  • Chief Controller of Export & Import Govt. of Bangladesh
  • Custom Bonded warehouse Dept.- Govt. of Bangladesh
  • Board of Investment - Govt. of Bangladesh
  • Department of Fire Service – Govt. of Bangladesh
  • Environment & Pollution Control – Govt. of Bangladesh

What is a Garment Factory?

Everyone knows what a Factory is right? You may be confused with the word "Garment", it simply means clothing, another synonym is apparel. So call it whatever you want, either garment factory, clothing factory or apparel factory, it makes no difference and is all the same. Getting back to answering the main question: a Garment Factory is where the production of clothes take place.

Factory Production Line and Capability

Total Production line:

  • Woven bottom - 09 line
  • Knit t-shirt 08 line
  • Knit Polo shirt 05 line

Production Capacity:

  • Woven Bottom: 10,000-14,000 Pcs / Day (depends on Style)
  • Knit: 18000-22000 Pcs / Day (depends on style)

Total Floor Space (110,000 Sq ft.) is essential for Cutting, Sewing, Finishing and others.

Sample & CAD Section

Digital CAD section consists of :

  • Pattern and marker with pattern grading
  • Marker and converter
  • High-speed inkjet plotter
  • Pattern cutter

Digital CAD Section 1

Cutting section consists of :

  • Automatic spreading machine
  • Cutting machine
  • Digital Weight Scale
  • Cutter for GSM
  • Fabric relaxing machine
  • Fabric inspection machine

Cutting Section 1

  • Button hole machine
  • Snap button machine
  • Feed off the arm
  • Rib cutting
  • Eyelet hole
  • Bias cutting
  • Lots more...

Sewing Section 1

Finishing and Packing Section consists of : Steam boiler with gas burner and over 30 units of vacuum iron table and sucking.

Finishing & Packing Section 1

This garment factory also facilitates a stand-by power generator. Top grade electrical system is used in the production of garments. All equipment are compliant with safety standards, thus prevents any breakdown of production.

Factory Power Generator

Equipped for more than just Fire Fighting

  • Abundant water supply
  • Hygienic environment
  • Sufficient Lighting
  • Top notch ventilation system
  • Clean and safety systems
  • Child labor is prohibited
  • Follows International COC and Human Rights standard

Fire Safety Section 1

Detail List of Machinery:

1

PLAIN MACHINE (KNIT)

134

2

PLAIN MACHINE (WOVEN)

178

3

AUTO PLAIN MACHINE (KNIT)

60

4

AUTO PLAIN MACHINE (WOVEN)

39

5

CUTTING PLAIN MACHINE

3

6

DOUBLE NEEDLE MACHINE (WOVEN)

36

7

DOUBLE NEEDLE ANGORA MACHINE(WOVEN)

24

8

DOUBLE NEEDLE CHAIN STICH MACHINE

4

9

FIT OF THE ARM MACHINE

24

10

4 THREAD OVER LOCK MACHINE

84

11

5 THREAD OVER LOCK MACHINE (WOVEN)

36

12

FLAT LOCK MACHINE (KNIT)

24

13

FIT LOCK, COLLAR BINDING

12

14

CYLENDER BADE FLAT LOCK MACHINE(KNIT)

12

15

BAR TACKER MACHINE

24

16

BUTTON HOLE MACHINE

4

17

BUTTON SEWING  MACHINE

4

18

WEAST BAND MACHINE (WOVEN)

18

19

VELCO SEWING MACHINE

4

20

SNAP BUTTON MACHINE (WOVEN)

10

21

EYELET HOLE MACHINE

2

22

 VELCO CUTTING MACHINE

1

23

RIB CUTTER MACHINE

2

24

LASER CUTTER & PLOTTER PRINTER

1

25

CUTTING & WEIGHT MACHINE

1

26

THREAD SUCKING MACHINE

2

27

 HOT AIR SEAMING MACHINE

2

28

SPOT CLEANER MACHINE

2

29

STEAM IRON MACHINE

1

30

 IRON TABLE

26

31

SPREADING MACHINE

1

32

FABRIC RELECSING MACHINE

1

33

FABRIC INSPECTION MACHINE

1

34

CUTTING TABLE

6

35

CUTTING MACHINE

6

36

WATER SOFTER

2

37

STEAM BOILER

1

38

COLOR ASSFESSMENT CABINETS

2

39

GENERATOR ( 930 KVA )

3

40

SOLAR POWER SYSTEM ( 5 KVA )

1

41

3 IN 1 THREAD SUCKING MACHINE

1

42

NEEDLE INSPECTION MACHINE

1

Note: the machines listed above are mostly brands of Juki, ZOJE, Kansai Special.

We Take Good Care Of Our Factory Workers

  • First aid & other necessary medical assistance is provided free of cost for workers
  • No employment of minors in the factory. We do not support child labor!
  • Govt. labor law/BGMEA rules & regulations are strictly followed
  • Fresh & purified drinking water is provided for factory workers
  • Enough fresh rooms & toilets are available in the factory
  • Factory building consists of four separate staircases in case of emergency

We would like to invite you to visit our factory as per your convenience. For any further query, please don't hesitate to contact us .

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garments business plan in bangladesh

Radiance Knitwears

Clothing Manufacturer in Bangladesh

The Rise of Bangladesh’s

Provide the highest quality clothing, fastest sustainable business plan, bangladesh clothing manufacturer.

The Rise of Bangladesh’s

Top Garments Manufacturers Bangladesh

Manufacturing Productivity & Bangladesh

Manufacturing Productivity & Bangladesh

Casual Wear at Best Price, Manufacturers

Casual Wear at Best Price, Manufacturers

Workwear Uniform Manufacturer

Workwear Uniform Manufacturer

Leading Garments Factory

Leading Garments Factory

Provide the Highest Quality Clothing

Bangladesh’s textile and garment industry is a major contributor to the country’s economy, and it is a vital player in…

Global economy the protection of the environment is a key component of any sustainable business plan. Reversing, Global warming, climate…

Ha-Meem Group, Ananta Group, Plummy Fashions Limited, Standard Group, DBL Group, Fakir Group, Masco Industries Limited, BITOPI Group, Epic group,…

In this era of competitive market, the world is striving for achieving higher productivity. The biggest challenge and burning issue…

Our clothes are characterised by the highest quality of manufacture and affordable prices. Many of our products are produced for leading…

Improved Environmental Practices

Why is Bangladesh the best in garments manufacturing? Bangladesh has become a major hub for garment manufacturing due to several…

Radiance is one of the Pioneer Manufacturer of Bangladesh Apparels. Radiance have been established in order to provide the highest…

Bangladesh is now one of the world’s fastest-developing countries with a clothing industry. The country now has a good economic…

Radiance is one of the Corporate Uniform, Company Uniforms Manufacturers, Suppliers and Exporters from Bangladesh to Worldwide. All type of industrial work-wear.…

Casual Wear at Best Price, Manufacturers, Suppliers & Dealers. Ladies Casual Wear, Casual Wear manufacturers & OEM manufacturers in Bangladesh.…

garments business plan in bangladesh

Readymade Garment (Local)

Local readymade garments contributed 80% of local consumption of bangladesh.

Readymade Garment Industry

More than 4,000 RMG factories situated in Keraniganj, where employing 2,50,000 labour

Around 65,000 manufacturing units and more than 5 million workers engaged in local RMG sector

Local RMG sector in Bangladesh is suffering from an acute decent work deficit with no recognition from the government

110,000+ child workers are engaged in keraniganj local RMG sector where 34% are below 18 years and 17% are below 14 years

The Local Readymade Garment Industry in Bangladesh made a silent revolution. The industry contributed by covering around 80% of local consumption. This local RMG industry mainly uses various inputs including fabric, garment accessories, and allied industries services such as washing, embroidery, labels, packaging, etc. In other words, local garment industries fall between the supply chains of a complete industry that produces and markets a variety of clothes and apparel mainly for local consumers. Very recently a large number of these small-scale industries and workshops were established in different areas of Bangladesh to supply various industrial products and meet the local demands.

It is also estimated that it engaged more than 5 million people. Among these manufacturing industries, about 78% are dedicated to the local market. The local RMG sector in Bangladesh is presently suffering from an acute decent work deficit with no recognition from the government. There are more than 4,000 RMG factories, 250 big markets, 5,000 showrooms in Keraniganj area, employing 2,50,000 labour. It is developed rather haphazardly with private initiatives from local and some outside entrepreneurs who have used their private capital to develop this industry.

Child Labour is a great concern in the local RMG industry. As per a Study on Child labour in Keraniganj Apparel Hub in by BLF, there are about 110,000+ child workers are engaged in regular basis. From the findings, of the total workers in Keraniganj, 34% are below 18 years and 17% are below 14 years. Most of the Child labours are brought from rural areas by the factory owner and most of the workers are either relatives or neighbors of the owners. The owners just provide food to them and they only stay in the factory and sleep on the factory floor. They are frequently denied of their remunerations, engaged in work for interminable hours, confined to unhygienic, unsafe, and unhealthy working conditions resulting in respiratory diseases and physical disabilities, and in one-word bonded labour. BLF is working as a single organization to formalize this sector with regulatory authorities and contribute to achieving SDG-5, SDG-8, and SDG-16 by establishing responsible, democratic, and sustainable local RMG industries.

Sectors list

Informal Works

Informal Works

Lack of security in formal sector compelled street vendors to remain informal sector Street vendors are not in a position

Street work

Street work

Lack of security in formal sector compelled street vendors to remain informal sector Street vendors play a significant role to

Waste Pickers

Waste Pickers

Waste pickers significantly contribute to green economy but not recognized and victim of discrimination 120,000 waste pickers in Dhaka, recycled

Domestic Workers

Domestic Workers

Domestic children and women workers suffer silently in Bangladesh. Domestic workers are a highly vulnerable group in Bangladesh. High proportion

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Indian exporters eye gains as global garment brands shun Bangladesh

Indian garment manufacturing hubs set for gains as global brands escape the uncertainty of a restive bangladesh, deals worth billions of dollars start shifting borders.

  • Updated Sep 06, 2024, 12:25 PM IST

Gautam Singhania

The political unrest in Bangladesh is turning into a financial bonanza for Indian textiles and garment industry. Billions of dollars in fresh orders from marquee buyers in the west are shifting to Indian textile companies.

Bangladesh is a garment sector powerhouse, having seen exports surge by 92 per cent to $47 billion in 2023. The country was the third largest exporter of clothes last year after China and the European Union (EU), and the sector accounts for over 80 per cent of the its total export earnings. India’s garment exports, in comparison are less than half the size at the sixth position.

Related Articles

  • Bangladesh crisis: Raymond set to capitalise on huge number of inquiries received from global firms, says CMD Gautam Singhania
  • South Mumbai property prices: Why Raymond's Gautam Singhania feels they might fall

However, the political upheaval in the country last month which saw deposed PM Sheikh Hasina flee to India, has global buyers nervous.

After years of docking in Bangladeshi hubs like Chittagong, these buyers have thrown anchor in India's garment markets, seeking fresh opportunities. Reports say that garment export hubs like Tiruppur in Tamil Nadu, Ludhiana in Punjab, Surat in Gujarat, Jaipur in Rajasthan and Noida in Uttar Pradesh have seen deals flow in worth hundreds of crores of rupees in the past few weeks. Companies from Germany, Netherlands, Poland and Spain are testing the waters in India and Vietnam, trying to hedge their bets.

The big beneficiaries of the shift are Indian garment exporters like Arvind Mills, KPR Mills, Jindal World Wide, Vardhman Textiles, Welspun Living, Raymond, Bombay Dyeing, Nitin Spinners and Indo Count Industries.

“Raymond has been receiving massive enquiries. We offer across the board price-points and end-to-end fabric-to-garment-to export capabilities,” Gautam Singhania said in a conversation with Business Today, adding, “we invested Rs 200 crore last year to increase our capacity, which has come online and is available for new orders”.

Singhania said India was in a unique position to benefit from the crisis in Bangladesh. “Bangladesh does not have a fabric supply. India has got a great opportunity to take advantage of this because we have the fabric base here. They only have a garmenting base," he added.

Indian exporters usually get their orders for the spring, fall season in December-January and for the Christmas and holiday season in June-July. The fresh, ‘unseasonal’ orders have been a bonus for the garments business. Reports say global brands have initiated social auditing at several factories and if they meet global standards, orders could accelerate in 2025.

The fresh developments have also renewed calls for an expedited free trade agreement with the EU. Bangladesh already has a deal in place and a trade deal at this politically sensitive juncture could boost the fortunes of Indian exporters.

Global buyers from Bangladesh are facing other hurdles as well. Flooding in several areas has forced garment production to fall by as much as 50 per cent. India has also restricted diesel supplies to Bangladesh following the unrest, adding to power shortages in the country and severely hitting factory operations.

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10 Sep 2024 Author: Marks & Spencer

Marks & Spencer's response to garment industry crisis amid protests and gas shortage

BHRRC sent a short survey aimed at understanding in detail the engagement apparel brands have had with their suppliers amidst the continued disruption of the garment industry in Bangladesh caused by the gas crisis and quota reform protests in 2024.

We asked brands to respond to the following questions regarding their suppliers in light of the ongoing gas crisis and protests that began in May 2024.

Marks & Spencer response:

  • Has your company imposed any penalty on a supplier in the region as a result of delayed delivery? If yes, please share details on any penalties imposed and the circumstances for such penalties. We have not imposed any penalties for late deliveries
  • Have you, as a matter of policy, directed your sourcing team not to seek price concessions from suppliers in the affected region on both new and current orders? Please share details on specific actions and measures taken. We have not sought price concessions on orders
  • Regarding worker wages, has your company provided any of the following forms of assistance or improved payment terms to suppliers in the region in order to help them continue business operations and ensure workers’ July-August wages are paid in full? Please share any details.
  • How are you ensuring order stability at the suppliers you source from, to ensure suppliers can maintain business operations and maintain jobs for workers, including confirming future orders and prices with factories? Please share details.

We are very proud of our long term partnerships and have committed to receiving and paying for all orders placed

a. Have you committed to receiving and paying for all orders placed with suppliers before and during the crises the industry has faced since May 2024. Please share details.

b. Have you transferred orders from your suppliers in Bangladesh to suppliers in other apparel-producing countries in response to the crises? Please share further details on why this decision was made.

5. What steps are you taking in collaboration with trade union and worker representatives at supplier factories to ensure the physical and mental wellbeing and safety of your workers?

How do you plan to support your suppliers and workers long-term?

We have been in constant contact with all our suppliers to ensure the safety of their workers. We are very proud of our relationships with suppliers and will continue to support them.

Next' response to garment industry crisis amid protests and gas shortage

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Wage protests, outsiders force closure of 130 Bangladesh garment factories

Bangladesh saw the closure of 130 garment factories this week as worker protests for higher wages and back pay continue, however there are claims outsiders are also adding to the unrest.

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garments business plan in bangladesh

The wage protests, which took place outside 130 garment factories in key industrial areas such as Gazipur and Narayanganj, are reported by local news site BenarNews , to be the first significant labour action in the country’s garment sector since the new interim government took office last month.

The publication claimed factory owners had already suspended production at around 150 plants on Monday due to unrest, leading to a joint deployment of military and police forces.

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While the situation appeared to stabilise by Tuesday (3 September) afternoon, a new wave of disruption occurred when a group of people reportedly vandalised garment factory areas, prompting another round of factory closures.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) did not respond to Just Style’s request for comment at the time of going to press, however the organisation told BenarNews “outsiders” were responsible for inciting the unrest.

He claimed the individuals gathered outside the factories demanding jobs and pressuring workers to join the protests.

“Some people are trying to get illegal benefits, creating such unrest. We already talked with the concerned authorities and they assured us that necessary steps would be taken in this regard,” he told the local news publication.

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Local news publication Dhaka Tribune also reported the BGMEA maintained it is committed to addressing labour discontent, but added: “It’s important to note that those causing unrest are not RMG (readymade garment) workers.”

Local news reports suggest the protests have come at a challenging time for the interim government, which has struggled to maintain stability following the resignation and departure of former prime minister Sheikh Hasina on 5 August, amid student-led anti-government protests. The transitional administration is now facing increasing pressure to address workers’ demands while ensuring law and order.

Sarwar Hossain, president of the Bangladesh Garments Workers Union Federation, also raised concerns to the news site about the influence of outsiders on the protests.

“We the workers want to maintain the industrial production. We want to realise some demands of our workers in a systematic way, but now those who attacked the garment factories are not workers,” he told BenarNews.

One garment worker, Khokon Mia, from the Jamuna Denim factory in Gazipur, confirmed that the protests initially focused on demands for better pay and overdue wages. However, the situation escalated when outsiders joined the demonstrations, causing further disruption.

Hossain also suggested the unrest might be linked to disputes over control of the “jhute business,” a local term for garments rejected for export but highly sought after in the domestic market.

He speculated that politically connected groups might be attempting to exploit the current political uncertainty to gain control of this lucrative market.

Asif Mahmud Shojib Bhuiyan, an adviser to the labour and employment ministry, acknowledged that some worker grievances, such as unpaid wages were legitimate. However, he told reporters at BenarNews the government would not tolerate any attempts by outsiders to incite “chaos within the industry”.

Last week (29 August), Western clothing brands vowed to support their supplier partners in Bangladesh as factories continued to grapple with production disruption stemming from mass floods that displaced millions, following months of political upheaval across the country.

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HPRT T260LR 2-Inch Label Maker - Portable Bluetooth Thermal Printer, Sticker Maker Machine with Waterproof Tape for Small Business, Barcode, Name, Address, Mailing, Clothing, School, Home & Office

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HPRT T260LR 2-Inch Label Maker - Portable Bluetooth Thermal Printer, Sticker Maker Machine with Waterproof Tape for Small Business, Barcode, Name, Address, Mailing, Clothing, School, Home & Office

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Brand HPRT
Connectivity Technology Bluetooth
Printing Technology Thermal
Special Feature Portable, Lightweight
Color Black
Model Name HM-T260LR
Printer Output Monochrome
Maximum Print Speed (Color) 75 ppm
Max Printspeed Monochrome 75 ppm
Item Weight 9.9 Ounces

About this item

  • Portable and Compact: With dimensions of 3.35 x 3.15 x 3.15 inches, the HPRT T260LR is compact and easily portable. With a printing width range of 0.8''-2'' (20-50mm), it fits seamlessly into your daily routine, whether you’re a teacher, business professional, or anyone needing a convenient mini label printer
  • Bluetooth Connectivity: Experience the convenience of a wireless printer with our Bluetooth label maker. Ideal for home organization and office supplies, this label maker allows you to print directly from your mobile phone. Plus, customizing labels is a breeze with the HereLabel app, available for download on app store. Embrace the ease of wireless printing and efficient label making with our product
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  • Ink-Free Printing: With its thermal printing technology, the HPRT T260LR offers ink-free printing. This thermal label printer delivers clear prints, making it an essential gadget for your home or office. Plus, the HPRT labels are waterproof, oil-resistant, and removable, adding to the convenience and versatility of this printer
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garments business plan in bangladesh

Product Description

HPRT T260LR Thermal Label Maker

HPRT T260LR Bluetooth Label Printer with Auto Identification: Your Essential Business Tool for Better Organization and Efficiency

How to Install Label Tape

HereLabel App: Your Gateway to Effortless, Customizable Label Design

Effortless Label Customization: HereLabel App

Versatile Label Printing for Sizes from 0.8’’ to 2’'

Supports Multiple Label Sizes, Label widths range from 0.8 inches to 2 inches

Efficient & Portable - Perfect for Home, Office Organization and Small Business

Suitable for Small Business, price tags, product labels, craft lables

Boosting Small Business: Efficiency and Branding!

The HPRT T260LR label printer enhance efficiency, organization, and branding for retail, inventory management, crafts, events, and shipping.

Suitable for Home Use,Kitchen and Pantry, Gift Customization,Kids’ Items, Household Organization

Simplifying Home Organization and Personalization

The T260LR 2-inch portable label printer simplifies kitchen organization, customizes gifts, and enhances beauty product labeling.

suitable for Office Use, File Labels,Mailing Labels,Office Organization

Efficient Office Labeling: Simplify Organization

The HPRT T260LR Label Maker is ideal for various office use cases, including files, barcodes, cables, shipping, and customized organization.

Connect to Bluetooth using the " HereLabel " App, not through your phone's system settings.

Download the " HereLabel " App from the Apple App Store or Google Play. The app complies with all applicable data protection regulations.

HPRT T260LR: Auto-Template Recognition & Clear Prints with Compatible Labels

/ 200 Labels/Roll 200 Labels/Roll 155 Labels/Roll 125 Labels/Roll 110 Labels/Roll 290 Labels/Roll
3.35''L x 3.15''H x 3.15''W 1.57"x1.18"(40x30mm) 1.97"x1.18"(50x30mm) 1.97"x1.57"(50x40mm) 1.97"x1.57"(50x50mm) 1.57"x2.36"(40x60mm) 1.18"x0.79"(30x20mm)
Black White White White White White White
/
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Android/IOS HPRT T260LR/T20 Label Maker HPRT T260LR/T20 Label Maker HPRT T260LR/T20 Label Maker HPRT T260LR/T20 Label Maker HPRT T260LR/T20 Label Maker HPRT T260LR/T20 Label Maker
HereLabel/HerePrint HereLabel/HerePrint HereLabel/HerePrint HereLabel/HerePrint HereLabel/HerePrint HereLabel/HerePrint HereLabel/HerePrint

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Product Dimensions 3.15"D x 3.35"W x 3.15"H
Controller Type Android
Printer Media Size Maximum 1.97 x 3.15 inch
Included Components 1 x Label Paper Roll, 1 x User Manual, 1 x T260LR Portable Label Printer, 1 x USB-C Cable
Print media Labels
Scanner Type Portable
Compatible Devices Smartphones
Sheet Size 2 Inches
Maximum Black and White Print Resolution 203 Dots Per Inch
Dual-sided printing No
Initial page print time 1.5 Inches per Second
Hardware Interface USB Type C
Additional Printer functions Print Only
Control Method App
Processor Count 1
Specific Uses For Product Office, Enterprise, Home
Item Weight 9.9 ounces
ASIN B0D2R72K5R
Item model number HM-T260LR
Batteries 1 Lithium Ion batteries required. (included)
Customer Reviews
4.1 out of 5 stars
Best Sellers Rank #132,613 in Office Products ( )
#307 in
Date First Available June 2, 2024
Manufacturer Xiamen Hanin Electronic Technology Co.,Ltd.

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  • 1 x T260LR Portable Label Printer
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  • 1 x USB-C Cable
  • 1 x User Manual

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garments business plan in bangladesh

COMMENTS

  1. How to Launch a Garments Business in Bangladesh?

    Make a business plan. Ensure legal compliance. Establish supplier connections. Set up production facilities. Implement quality control. Create a marketing strategy for success. By doing these steps well, your business can thrive in Bangladesh. Set on the journey of starting a garments business in Bangladesh with these seven simple steps.

  2. How To Start A Garments Business In Bangladesh

    By NirvikBD Desk December 23, 2022. To start a garments business in Bangladesh, you will need to obtain a trade license from the Bangladesh Chamber of Commerce and Industries (BCCI). You will also need to register your company with the Board of Investment (BOI) and obtain an industrial plot from the Bangladesh Export Processing Zones Authority ...

  3. How to start a garments business in Bangladesh?

    Starting a garments business in Bangladesh needs careful planning and hard work. First, conduct market research and complete legal registration. Then, focus on sourcing, supply chain, and setting up the factory. Recruitment and worker training follow. Next, work on product development and quality assurance.

  4. The Ultimate Guide: How to Start a Clothing Manufacturing Business in

    In conclusion, starting a clothing manufacturing business in Bangladesh offers immense opportunities for entrepreneurs seeking to tap into the country's thriving apparel industry. By leveraging ...

  5. How to start a clothing business in Bangladesh

    The same may be said for Bangladesh's clothes range. While there are elements of the clothing line that can influence the way a business plan is produced, all business plans have the same core portions. A solid understanding of the garment industry, on the other hand, is vital, and can make or break a clothing line's business plan.

  6. What's next for Bangladesh's garment industry, after a decade of growth

    These steps helped restore Bangladesh's attractiveness in the global apparel-sourcing market, leading to a decade of rapid growth. Ten years ago we forecasted a growth of 7 to 9 percent. Indeed RMG exports from Bangladesh more than doubled, from $14.6 billion in 2011 to $33.1 billion in 2019—a compound annual growth rate of 7 percent. 2 (It ...

  7. How to Start a Profitable Garments Business in Bangladesh

    The garments business in Bangladesh has become a significant player in the global garment industry, ranking as the second-largest garment exporter worldwide. Despite challenges such as rising gas prices and worker protests, Bangladesh's garment industry continues to display resilience and adaptability, making it a key sector in the country ...

  8. How to Setup Ready Made Garments (RMG) Business in Bangladesh

    It has been the dominant wing of business for over a decade now and has put Bangladesh firmly on the map. Only in 2019 alone, RMG exports has accounted for USD 34.13 Billion, which is 84 % of the country's total exports and that ranks it as the 2nd biggest RMG exporter in the world. The RMG sector has many parts and the production is not a ...

  9. Bangladesh's ready-made garments landscape: The challenge of growth

    approximately 10 percent of Bangladesh's total apparel exports In-depth desk research using both international (e.g., World Bank, International Monetary Fund, EIU, investment banks) and local sources (e.g., Bangladesh Garment Manufacturers and Exporters Association, Centre for Policy Dialogue, Bangladesh Institute of Development Studies)

  10. Bangladesh's Garment Industry: Future growth in a changing world

    The roots of Bangladesh's garment industry can be traced back to the 1970s, a period when the country was grappling with the aftermath of its Liberation War and the challenges of establishing a ...

  11. Starting a Clothing Business in Bangladesh- Beginners Guide

    A guide on starting a clothing business in Bangladesh which explains the industry practice, business registration, licenses and permits. +880 1511002341; info@ network.com.bd ; ... You must choose a location before making a plan. When you locate your wholesale clothing in a good location, you have the opportunity to improve your business by a ...

  12. The future of the Bangladesh garment industry

    Jun 30, 2020. The importance of the garment sector to the workers, the banking community, and the companies themselves is well understood to observers of the Bangladesh economy. The recovery of this industry is critical for the revival of our economy. The Covid-19 pandemic has provided an enormous challenge to the RMG industry.

  13. What's next for the readymade garments (RMG) sector in Bangladesh?

    In 2021, 43% of the total RMG trade was based on man-made fibre (MMF). However, India and Bangladesh only have 23% and 22% of MMF-based RMG respectively in their export baskets. As per the World Bank Logistics Performance Index (2023), Bangladesh scored significantly lower (88) than Vietnam (43) and India (38).

  14. How to Start a Garment Business in Bangladesh

    How to Start a Garment Business in Bangladesh. To start a garment business in Bangladesh, research the market and regulations, create a business plan, and

  15. Garments Business in Bangladesh

    E-mail: [email protected]. Phone: +8801847220062 or +8801779127165. Address: House 410, Road 29, Mohakhali DOHS. Email to TRW law firm. In this post we talk about Garments Business in Bangladesh in 2023 and Exclusive way of starting RMG business in Bangladesh with infographics and videos.

  16. The Garments Industry in Bangladesh: An In-Depth Look at a ...

    The largest manufacturing sector and a significant contribution to Bangladesh's GDP is the readymade garments sector. Bangladesh is currently the world's second-largest exporter of ready-made ...

  17. Garment Manufacturing Business Plan

    This document provides a business plan for a garment manufacturing business in Bangladesh. It includes an analysis of the garment industry in Bangladesh, outlining key facts about the industry's growth and importance to Bangladesh's economy. The plan also discusses conducting market research to understand customer demographics, needs and trends. Finally, it proposes strategies for marketing ...

  18. BGMEA

    The apparel industry of Bangladesh started its journey in the 1980s and has come to the position it is in today. The late NuroolQuader Khan was the pioneer of the readymade garment industry in Bangladesh. He had a vision of how to transform the country. In 1978, he sent 130 trainees to South Korea where they learned how to produce readymade ...

  19. Bangladesh: A Rising Force in Textile and Garment Production

    Bangladesh's Ready-Made Garment (RMG) industry and clothing production industry continue to maintain a significant position in the international market. Bangladesh's RMG (Ready-Made Garment) business has long catalyzed the nation's growth and sustainable...

  20. How to Start Online Clothing Business in Bangladesh

    In order to start an online clothing business, you will need a minimum of $2000. This will cover the cost of purchasing inventory, hiring a web designer, and setting up advertising. You will also need to factor in the costs of shipping and handling for your customers. If you plan on dropshipping items, you will need to factor in the cost of ...

  21. Leading Garment Factory in Bangladesh (+Factory Profile PDF)

    The Garment Factory: SIJI GARMENTS CO. LTD. is located at Mawna, Sreepur Industrial area which is approximately 40 km from Dhaka. It consists of a four-storied production building covering approximately 110,000 square feet. The factory was established in 2013 by foreign investment and ownership.

  22. Radiance Knitwears

    Radiance is one of the Corporate Uniform, Company Uniforms Manufacturers, Suppliers and Exporters from Bangladesh to Worldwide. All type of industrial work-wear.…. Apparels Bangladesh Casual Clothing Fashion.

  23. Readymade Garment (Local)

    The local RMG sector in Bangladesh is presently suffering from an acute decent work deficit with no recognition from the government. There are more than 4,000 RMG factories, 250 big markets, 5,000 showrooms in Keraniganj area, employing 2,50,000 labour. It is developed rather haphazardly with private initiatives from local and some outside ...

  24. Indian exporters eye gains as global garment brands shun Bangladesh

    Bangladesh is a garment sector powerhouse, having seen exports surge by 92 per cent to $47 billion in 2023. The country was the third largest exporter of clothes last year after China and the ...

  25. Marks & Spencer's response to garment industry crisis amid protests and

    BHRRC sent a short survey aimed at understanding in detail the engagement apparel brands have had with their suppliers amidst the continued disruption of the garment industry in Bangladesh caused by the gas crisis and quota reform protests in 2024.

  26. Preparing a Business Plan for Garment Manufacturing Setup

    First, get customers (buyers) and then make apparel products according to the customers' needs and sell them to them. Second, make your product first and then get customers to sell your product. Whatever way you choose to do business, you need to work on the following things to make your project successful.

  27. Wage protests force closure of 130 Bangladesh garment factories

    The wage protests, which took place outside 130 garment factories in key industrial areas such as Gazipur and Narayanganj, are reported by local news site BenarNews, to be the first significant labour action in the country's garment sector since the new interim government took office last month.. The publication claimed factory owners had already suspended production at around 150 plants on ...

  28. HPRT T260LR 2-Inch Label Maker

    Amazon.com : HPRT T260LR 2-Inch Label Maker - Portable Bluetooth Thermal Printer, Sticker Maker Machine with Waterproof Tape for Small Business, Barcode, Name, Address, Mailing, Clothing, School, Home & Office : Office Products