Bangladesh RMG industry needs innovation, but the risks must be managed by Bill Humphries
Bangladesh’s position in the RMG industry is based on its bountiful supply of cheap labour and the relatively simple technology needed to establish an RMG enterprise. Foreign investment has been important in the growth of the industry although local investment is playing its part. There is now considerable discussion on the need to establish a backward linkage industry to ensure the future sustainability of the RMG industry as fast fashion trends increasingly require short lead times. Although the industry is [...]