Report on garments

Md. Ahad khan 103-23-2272

Md. Momin khan 103-23-2273

Md. mamun 103-23-2271

Md. Bappy mia robin 103-23-2270

Md. norunnobi 111-23-2482

It started from the Mughal age in the Indian subcontinent through Dhakai Musline.

Ready made garment industry started to contribute in our economy from late eighties (1977).

The industry has grown during the 1990s roughly at the rate of 22%.

• At present now There are now about 3000 garments producers in Bangladesh.

• About 50 lacks of people are employed in this industry and 85 percent of them are women.

1. What type of products are produce in your industry?

Findings: From this table it is seen that, 60% woven & 40% knit garments produce R.M.KNIT FASHION.LTD

Findings: From this table it is seen that, 30% USA &Others is 70% market where my company does their business.

Findings: From this table it is seen that, strongly agree 30% and agree 70%.

Unskilled garments worker is the main problem for this industry.

Findings: Above the table it is seen that, yes 70% & no 30%.

Findings: From this table it is seen that, agree 20%, disagree 30% & strongly disagree 50%.

Findings: Above the table it is seen that, agree 30% and disagree 70%.

Findings: From the table it is seen that, agree 40% and disagree 60%.

Findings: From the table it is seen that, agree 30% and disagree 70%.

Findings: From the table it is seen that, yes 30% and no 70%.

Findings: From the table it is seen that, unskilled labor 60%, poor garments policy 30% and dependency on foreign market 10%.

Findings: From the table it is seen that, try to increase the area of export 10%, establish new infrastructure and conducting training and development program 60% and increase investment in this sector 30%.

Bangladesh has been ranked as the fourth largest exporter of clothing with a 3 percent share of the global market by the world body World Trade Organization (WTO).

• At present about 20 countries of the world are importer of our garments.

• Around 75 percent of the total export earnings come from this industry.

• Creating jobs for about 2 million people of which 70 percent are women.

13% share of GDP and around USD 15 billion has been consumed in the year 2010.

Price and capacity are the two major reasons of booming the RMG.

Bangladesh possesses favorable trade agreement.

Financial year

UE U.S.A Total production

Knit Woven RMG Knit Woven RMG

FY 2009 140000 pcs

220000pcs

360000pcs

170000pcs

250000pcs

420000pcs

780000pcs

FY 2010 165000pcs

230000pcs

395000pcs

176000pcs

258000pcs

434000pcs

829000pcs

FY 2011 167000pcs

232000pcs

399000pcs

170000pcs

255000pcs

425000pcs

824000pcs

Graph: Growth & trends of R.M.KNIT FASHION.LTD

Competition From Overseas Companies With Access to Inexpensive Labor

Shortage of Available US Textile Workers

Difficulty in Applying Modern Automation Technologies to Fabrics Processing

1. Raw materials: 2. Unskilled workers:  3. Improper working environment: 4. Lack of managerial knowledge: 5. Gendered division of labor: 6. Insufficient of loan: 8. Working hours:

And………

Bangladesh has the cheapest unit labor cost in South Asia. It costs only 11 cents to produce a shirt in Bangladesh, whereas it costs 79 cents in Sri Lanka and 26 cents in India. Clearly, Bangladesh’s comparative advantage lies in having the cheapest unit labor cost.

The collapse on April 24,2013 of Rana Plaza,Died 1000+

The Factory Fire on November 10,2012 of Tazreen germants ,died more than 100+

Benetton The Children's Place MANGO Cato Primark Joe FreshRe-Evaluate their Contract.

People who believe they have access to justice behave differently in dispute situations to those who have not faith in the system;

In developing institutions of justice, credibility can be more important than power;

Support from stakeholders is crucial to the effectiveness of the process;

Current infrastructures should be modified from the government side.

A long term strategy should be developed to secure the raw materials supply as well.

Achieving ethical labor standards and sourcing practices are main requisites in apparel industry.

Provide structured in-house training for workers and managers.

Ensure fair wages and incentive schemes.

The positive branding should be intensified said the prominent author Philip Kotler when he visited in Bangladesh.

Give Proper Safety Good working Environment Maintain Labor Law Give smart Wages Proper monitoring Team

Time to think choose the right decision…