Sustaining RMG industry growth by Md Ridwanul Huq
The RMG industry has been at the helm of Bangladesh exports for over the years and a significant contributor to GDP. This industry has, till date, absorbed an estimated 4.4 million people, of whom 80 per cent are women, helping both economic growth and social development in Bangladesh. A host of favourable factors have driven robust growth – the primary factors being the availability of large and cheap labour pool. RMG is a labour-intensive industry with fairly simple manufacturing [...]