Future Panorama of Bangladesh Garments Concerning SWOT Scrutiny

Abstract

Bangladesh faces significant constraints in this regard of global apparel sector and hence it is not possible to establish strong backward linkages overnight. Therefore, to retain competitiveness in the global market, Bangladesh has to think of other alternatives. This enhancement takes time, but it ensures the long-term sustainability of a firm like apparel industry. In contrast, improving only “competitive performance” and not “capability” may not be sufficient to ensure the long-term development of the apparel industry of Bangladesh. This study addresses the competitiveness issue from two broader dimensions: facade stage and unfathomable stage competitiveness. More advanced scenarios resulting from the further development of the domestic textile, garment and infrastructure sectors will contribute to further improvement of both unfathomable and facade stage competitiveness of the Bangladesh RMG industry.

Key words: SWOT, Competitiveness, RMG, Sustainability, Industrial Advancement and Scrutiny.