The rise of Bangladesh’s Ready-Made Garment (RMG) industry is one of the most remarkable stories in global manufacturing history. In just over four decades, the country has grown from a marginal player to the second-largest apparel exporter in the world. The sector now serves as the backbone of Bangladesh’s economy — contributing over 84% of national exports and employing more than 4.5 million people, more than 50% of them are women.

Over the past two decades, Bangladesh has transformed from a low-cost manufacturing hub into a global leader in ethical sourcing, building fire and electrical safety, and skilled craftsmanship. 

Next decade will not be the same as the past journey. The customer behavior has changes significantly, thus the sourcing strategy for Brands changes. The industry has to adapt the new dynamics and focus on development for future fit. Short term strategy for low hanging opportunities like efficiency improvement to lean manufacturing, waste management are keys. In the long term, the industry has to work on Product diversification, Reasearch, Innovation to Human resource development will the keys. Let’s hear from Industry leaders.