April 05, 2008

Bangladesh's garment industry is now matured

This week's cover story in the The Daily Star weekend Magazine is on the state of the garment industry in Bangladesh.

It is the biggest contributor to the country's foreign exchange- around 76 percent- and employs around 2.2 million people, 80 percent of them women. The export figure of Ready Made Garments (RMG) reached US$ 9.2 billion in 2007 and there are predictions of it rising to US$ 12 billion or more in the next two years.

The report talks about the how the working conditions got better and safety regulations are now place. Of course it is a continuous process and we expect the same standard evenly spread across the industry.

It makes us proud to buy a cloth and later find it labeled as 'Made in Bangladesh' be it in Europe or in America.


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