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Agriculture has been the prime backbone of economy and chief source of income for the people of Bangladesh. Government puts its efforts to decrease the poverty by gaining highest productivity. Apart from agriculture, Bangladesh is much interested in the growth of export division. Bangladesh have accelerated and changed her exports considerably from time to time. Before few years, jute and tea were the most export-oriented industries in Bangladesh. But with the continual riskiness of flood, failing jute fibre prices and a substantial decrease in world demand, the role of the jute sector has deteriorated in the economy. After that, focus has been shifted to the production sector function, especially in garments production.
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Garments production Bangladesh Contact Information : http://www.textilebangladesh.com/ levi@htci.fr, PARIS , LA , 75008, FRANCE Agriculture has been the prime backbone of economy and chief source of income for the people of Bangladesh. Government puts its efforts to decrease the poverty by gaining highest productivity. Apart from agriculture, Bangladesh is much interested in the growth of export division. Bangladesh have accelerated and changed her exports considerably from time to time. Before few years, jute and tea were the most export-oriented industries in Bangladesh. But with the continual riskiness of flood, failing jute fibre prices and a substantial decrease in world demand, the role of the jute sector has deteriorated in the economy. After that, focus has been shifted to the production sector function, especially in garments production. The Garments production Bangladeshhas been the key export division and a main source of foreign exchange from the last few years. Today, the country generates billions for the products each year by exporting garment.
The industry also provides employment to both men and women. Many non-market elements have performed a vital function in confirming the garment production continual success like quotas under Multi- Fibre Arrangement1 (MFA) in the North American market and special market entry to European markets. The whole procedure is highly related with the trend of relocation of production. The Country's economy is now controlled by the transfer of production where firms of the countries swing their attention. The transfer of production has helped the expansion of economy of these nations and also speed up the economy of the developed nations. Garment production Bangladesh is controlled by the transfer of production. The globalisation of garment production started earlier and has spreaded out more than that of any other factory. The companies in this country have reassigned their blue-collar production activities from high-wage areas to low-cost manufacturing regions in the countries.
The improvement of communication system and networking has played a key role in this development. Export-oriented manufacturing has brought some good returns to the nation. The rise in labour charge and activeness of trade unions were in proportion to the enhanced economy. The garments production can be clarified by the salary structure in the garment industry, all over the world. The information reveals that low labour charges tendency is the main reason for the transfer of garment manufacturing in Bangladesh. The garment production of Bangladesh are mainly relying on the spinning and weaving and the Bangladeshi units where the cloth is cut, sewn, ironed and packed into cartons for export. Collaboration of some native private garment industry is an important example of international garment chain that works as one of the grounds of the elaboration of garment industry in Bangladesh. So day by day Bangladesh is gaining its popularity in garments production industry. To know more details about garments production Bangladesh, visit us at Textilebangladesh.com.