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Bangladesh Sweater
Helping reach the 50bn USD export Target
www.bdtdc.com
© 2016 Bangladesh Trade Development Council. All Rights Reserved.
Bangladesh Sweater : An Introduction
 Bangladesh Sweater industry, a sub-division of ready-made clothing, is able to provide 8bn USD
to achieve the 50bn USD exportation target by 2021 whenever the country will commend its
50th commemoration of independence.
 Alongside with focusing on denim, operational fabrics and other unique products of clothing,
the clothing makers has ought to pay close attention at a greater extent to production of
sweaters to achieve the 50 billion USD exportation target by the year 2021, booming the
overall Bangladesh garments exportation volume.
www.bdtdc.com
© 2016 Bangladesh Trade Development Council. All Rights Reserved.
Bangladesh Sweater Industry: Its contribution
 At this time or period, the Bangladesh Sweater business with its tremendous possibilities to
develop, contributes approximately 2.8bn USD to Bangladesh RMG exportation.
 Whenever the administration offers the Bangladeshi manufacturers along with skillful abilities
to operate the stalled manufacturing plants in Bangladesh and in this way, assists to begin new
ones, the sweater division will have the capacity to add more than 8bn USD to reach the 50bn
USD exportation target by 2021.
www.bdtdc.com
© 2016 Bangladesh Trade Development Council. All Rights Reserved.
Bangladesh Sweater Industry: Challenges faced
 At this time or period, the industry produces wide varieties of sweater in Bangladesh that is
ranging costs within 13 and 14 USD for each piece. The fundamental challenges towards making
high-end items is a deficiency of staples, proficient professional and the most up-to-date
technology.
 The costs of cotton with regards to high-end items are excessively superior where at the same
time, there are a small but indefinite doers open to operate with regards to high-end items.
www.bdtdc.com
© 2016 Bangladesh Trade Development Council. All Rights Reserved.
Bangladesh Sweater Industry: Meeting the demand?
 At the present moment, the manufacturing plants of made in Bangladesh sweater possess
merely 70 percent of the capable manpower. The Bangladeshi manufacturers senses the
requirement with regards to the leftover 30 percent proficient workforce in order to fulfill the
requirement. There is no other option towards preparing a training project in order to produce
an proficient manpower.
 Training has been offered with regards to doers as a team with National Productivity
Organization under the Ministry of Industry, Bangladesh Fire Service and Civil Defense, BGMEA,
International Training Centre – International Labor Organization (ITC-ILO), Skills for
Employment Investment Program, Business Social Compliance Initiative (BSCI) and GIZ.
www.bdtdc.com
© 2016 Bangladesh Trade Development Council. All Rights Reserved.
Bangladesh Sweater Industry: Ready for booming the business?
 Before we can get to know that the Bangladesh sweater industry is set for booming the
business ANYWHERE in the world, we need to look at the fundamental challenges faced.
 Challenges such as deficiency of proficient workforce, political imbalance, higher bank
financing cost, inaccessibility of gas, power connection, awkward procedure of getting an
organization enlisted are a number of the significant challenges with regards to the investors
within the Bangladesh garments division.
www.bdtdc.com
© 2016 Bangladesh Trade Development Council. All Rights Reserved.
Bangladesh Sweater Industry: What should be done?
 The demands with regards to Bangladeshi sweaters are expanding step by step because of
their essential and distinguishing attribute. With regards to guaranteeing fluent supply of
Bangladesh products according to the demands of the Bangladesh garments division.
 Individuals are obliged to upgrade the capability which needs unfaltering venture plan of the
administration. Likewise, the Bangladeshi manufacturers are obliged to focus on the
marketplace and the expansion of the product.
www.bdtdc.com
© 2016 Bangladesh Trade Development Council. All Rights Reserved.
Thank You!
www.bdtdc.com
© 2016 Bangladesh Trade Development Council. All Rights Reserved.

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Bangladesh sweater - Helping reach the 50bn USD export Target

  • 1. Bangladesh Sweater Helping reach the 50bn USD export Target www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  • 2. Bangladesh Sweater : An Introduction  Bangladesh Sweater industry, a sub-division of ready-made clothing, is able to provide 8bn USD to achieve the 50bn USD exportation target by 2021 whenever the country will commend its 50th commemoration of independence.  Alongside with focusing on denim, operational fabrics and other unique products of clothing, the clothing makers has ought to pay close attention at a greater extent to production of sweaters to achieve the 50 billion USD exportation target by the year 2021, booming the overall Bangladesh garments exportation volume. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  • 3. Bangladesh Sweater Industry: Its contribution  At this time or period, the Bangladesh Sweater business with its tremendous possibilities to develop, contributes approximately 2.8bn USD to Bangladesh RMG exportation.  Whenever the administration offers the Bangladeshi manufacturers along with skillful abilities to operate the stalled manufacturing plants in Bangladesh and in this way, assists to begin new ones, the sweater division will have the capacity to add more than 8bn USD to reach the 50bn USD exportation target by 2021. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  • 4. Bangladesh Sweater Industry: Challenges faced  At this time or period, the industry produces wide varieties of sweater in Bangladesh that is ranging costs within 13 and 14 USD for each piece. The fundamental challenges towards making high-end items is a deficiency of staples, proficient professional and the most up-to-date technology.  The costs of cotton with regards to high-end items are excessively superior where at the same time, there are a small but indefinite doers open to operate with regards to high-end items. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  • 5. Bangladesh Sweater Industry: Meeting the demand?  At the present moment, the manufacturing plants of made in Bangladesh sweater possess merely 70 percent of the capable manpower. The Bangladeshi manufacturers senses the requirement with regards to the leftover 30 percent proficient workforce in order to fulfill the requirement. There is no other option towards preparing a training project in order to produce an proficient manpower.  Training has been offered with regards to doers as a team with National Productivity Organization under the Ministry of Industry, Bangladesh Fire Service and Civil Defense, BGMEA, International Training Centre – International Labor Organization (ITC-ILO), Skills for Employment Investment Program, Business Social Compliance Initiative (BSCI) and GIZ. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  • 6. Bangladesh Sweater Industry: Ready for booming the business?  Before we can get to know that the Bangladesh sweater industry is set for booming the business ANYWHERE in the world, we need to look at the fundamental challenges faced.  Challenges such as deficiency of proficient workforce, political imbalance, higher bank financing cost, inaccessibility of gas, power connection, awkward procedure of getting an organization enlisted are a number of the significant challenges with regards to the investors within the Bangladesh garments division. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  • 7. Bangladesh Sweater Industry: What should be done?  The demands with regards to Bangladeshi sweaters are expanding step by step because of their essential and distinguishing attribute. With regards to guaranteeing fluent supply of Bangladesh products according to the demands of the Bangladesh garments division.  Individuals are obliged to upgrade the capability which needs unfaltering venture plan of the administration. Likewise, the Bangladeshi manufacturers are obliged to focus on the marketplace and the expansion of the product. www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.
  • 8. Thank You! www.bdtdc.com © 2016 Bangladesh Trade Development Council. All Rights Reserved.