Bangladesh’s readymade garment sector, which is the mainstay of the country’s economy while also playing a very important role in employment generation, has experienced nearly 12 per cent growth, in the last five years, as far as export earnings from apparels are concerned.
According to a keynote presented at the just-concluded Bangladesh Investment Summit, export earnings from apparels stood at US $ 28.15 billion in 2016-17 which increased over the years to reach US $ 31.45 billion in 2020-21.
The keynote was, reportedly, presented by Atiqul Islam, former President of BGMEA and the current Mayor of Dhaka North City Corporation, at the session titled ‘Readymade Garments and Textile: Weaving the Way’, who attended the said event as the chief guest.
Atiqul further, reportedly, maintained that Bangladesh has good business environment with political stability while adding the country is the best maker of apparel products even as taking part in the same event current BGMEA President Faruque Hassan, maintained 40 out of top 100 garment factories are located in Bangladesh even if around 150 local factories have been certified by US Green Building Council.
