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Garments industry in bangladesh essay
The garment industry in bangladesh paragraph
Garment industries in bangladesh composition
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Context:
The readymade garments (RMG) industry of Bangladesh has been growing constantly from 1990s. The country is prominent in exporting high quality apparels at low cost. As a result the foreign exchange earnings, industrialization, GDP improved within a short span of time. The contribution of RMG in the GDP is almost 15%. In 2012-13, almost 80% of the total exports of that year came from exporting apparels of approximately $21515.73 billion. Inspite of the postponement of the MultiFibre Agreement (MFA) quota system in the United States from 2004, the RMG exports of Bangladesh has experienced a high-rise since then. Both small and large firms are expanding their export network and improving production capacities and export apparels to the famous international brands like H&M, Li & Fung, Tom Tailor, Levis, Gap, Texco, OBS, Pierre Cardin, Neck & Neck etc.
However, the garments industry is feared to become infirm because of recent unfortunate events like the factory of ‘Rana Plaza’ collapse on April 24, 2013 and fire in the ‘Tajrin garments’ in late 2012 killed almost 1300 workers in total. These incidents made the importers and the foreign investors rethink the future of their operation at the same time raised the issue of workplace safety and proper remuneration of the garments labors.
Operating Model of RMG Industry:
USA, UK, Germany, France, Spain, Turkey, Japan, Australia etc. Importers
Readymade garments, mainly of two types: Knit products (Sweaters, socks, stockings, undergarments etc.) and Woven products (shirts, T-shirts, trousers) Products
Competitive Pricing Pricing
Cheaper human capital, cheaper cost of energy consumed in Export Processing Zone (EPZ), government incentives regarding tax and loan. Competitive advanta...
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...e clothes can replace garments even though their demand is very low compared to others.
Hence overall the readymade garments industry of Bangladesh has great opportunity to boost up due to its favorable government and labor supply, whereas it has been under immense pressure from the international arena regarding workplace safety and lower wage of labor. So the country should emphasize on domestic production of raw materials so that internal raising wage and spending for workplace safety would not harm the competitive advantage of exporting low cost high quality garments. Moreover the sector needs a transformation to improve its productivity as well as to safeguard the employers’ rights and benefits. The government needs to develop infrastructures like electricity, gas, roads connectivity in order to promote the country’s largest foreign currency earning sector.
Known as the “fire that changed America,” The Triangle Shirtwaist Factory in New York resulted in the deaths of one hundred forty-six shirtwaist workers. It is remembered as one of the most infamous incidents during the American industrial history, as the deaths were largely preventable if safety measures were accounted for. The tragedy brought widespread attention to the dangerous sweatshop conditions of factories and led to the development of a series of laws and regulations that better protected the safety of workers. Workplace struggles became exposed after the fire and the work industry would never remain the same again.
...ontinues to drive global capitalism, as capitalist continue to expand and accumulate more capital. However, the cost cuts to the clothes we wear come at a high price for garment workers of Bangladesh. The exploitation the vulnerable workers from a country plagued with structural problems and the unsatisfied global expansion of capitalists’, results in the catastrophes like Rana Plaza. The globalization of the capitalist system was written about by Marx and Engels. The flaws in the capitalist systems that would bring its eventual downfall seem to be true at post Rana Plaza. The resentment of those who profit from their suffering; the government, the factory owners and the western retail chains, have brought on riots and demands of compensation. However, until the system is overturned as a whole, the dire work conditions of the Bangladesh garment worker will remain.
To conclude, the capability to create customized clothing is becoming undemanding as technology evolves. Ready made apparel was only available in predetermined sizes before the American Civil War, this exemplifies how the sizes were arbitrary and were not the same on a broad scale. The statement “The wealthy’s clothes were made by tailors” is a prime example of how tailored outfits are costly. Today, designers have computer-aided design to their disposal; this improved the creation of clothing in many ways, making it effortless to design the clothing and to also produce them. With the creation of new technology making clothes, fabrics will become easier.
Accidents and problems engendered in sweatshops have caught people’s attention and more people are trying to efface them. The Real Cost of Cheap Fashion states, “After the accident, many big brands pledged to improve garment factory conditions…. trained about 2 million workers in safety procedures…. hired engineers to inspect their factories.” This claim supports that enhancing garment factory conditions can give people some time off of work, can give people better tools, to make things go faster and easier, and could also, make sure people get paid more. Also, training people in safety procedures can make sure that things like the Triangle fire never happens again. Finally, having people inspect the factories can insure that people are safe, and procedures are set in place to make sure that if anything bad happens, people know what to do. Lastly, major companies are starting to realize the dangers of cobalt mining, and therefore, they are looking into how to fix, get rid of the dangers. New York Times Upfront says, “Some tech companies promised to reexamine their cobalt suppliers. Earlier this year, Apple announced that it had stopped buying cobalt mined by hand in the DRC until could verify that the element was being collected safely” This also shows that , by limiting their products using hand mined cobalt, they are limiting the cobalt mining jobs, which limits the dangers, and health concerns. As you can see, although many people’s lives lives are put in danger, many people have started to recognize it and are taking very serious action to try and fix
Sweatshops, while seemingly helpful, are filled with inexperienced workers, ranging from children ages twelve or younger to grown adult women. These workers are not how to properly operate the heavy machinery. In some moments, the machines will actually fall apart and/or explode, greatly exposing horrible injury on the workers. On top of that, workers have no access to compensation for their injuries while working in sweatshops. Thes...
Garment factories in the collapsed building are not H&M’s suppliers. But H&M is one of the largest buyers of garments from Bangladesh, owning 166 suppliers. After the disaster, global retailors, especially H&M, joined the safety plan as well as government pledged to raise wages for garment workers and
The strengths of the book come from its’ accessibility. The book is easy to follow and provides readers with a great deal of information about the production of mass-manufactured clothing. As well as brings awareness to its’ many issues which we inadvertently take part in when we purchase such products. The book is well written and thoroughly researched but does have its’ share of weaknesses.
The textile manufacturing industry is one of the biggest industries in the world that is currently worth nearly three thousand trillion dollars. The industry is constantly growing with the wants from consumers around the world. In order to meet and satisfy these wants from customer, “Development in the textile and clothing industry has focused on technological and cost aspects. Emphasis has been placed on keeping the price of the final product low and increasing efficiency in production.” (Niinimaki & Hassi, 2010, p. 1876) At the same time, with this expansion of the textile manufacturing industry and its consumption, pollution, climate change, fossil fuel and raw material depletion, and water pollution and shortage are constantly occurring
For example, in 2012 a Bangladesh factory producing garments for American and European companies caught fire killing 117 factory workers (Cooper, 2014). Additionally, in 2013 another factory in Bangladesh collapsed killing 1,100 workers, which was caused by foundational issues from the upper floors being built without a permit (Cooper, 2014). These incidents ignited outrage over both unsafe and unfair working conditions as well as the exploitation from MNCs, who had extremely profitable contracts with these factories. Consequently, due to public outcry the formation of enhanced government regulations, oversight, business initiatives, and public efforts have surfaced (Cooper, 2014). Although these issues have not been completely resolved, the question over the extent of which MNCs are responsible for adequate workplace safety remains a controversial topic. However, strategic efforts from these companies indicate the importance and necessity of remaining proactive in a globalized economy. These efforts consist of the formation of minimum workforce standards, compliance regulations, financial support, and long-term contractual
First is labour costs are low, even lower than in China. Obviously low hourly wages rates explain it but not only. Investments by textile manufacturers in productivity-boosting technology lowered the labour costs in Bangladesh making it one of the world’s low-cost producers. Indeed, this was an advantage during the Recession because big importers increased their purchases at low prices. Second is strong network of supporting industries. Thus, garments Manufacturers save transport and storage costs, import duties which boost their productivity.
Globalization is basically about attempting to make things global and expanding products and companies over seas to countries all around the world. It can also be classified as the process of creating languages, services, and products that apply not just to an individual neighborhood or city or country, but to the whole world. Canadians have experienced many benefits that globalization has brought to their lives including the availability to products and services from all around the world. However, at the same time on the other side of the world it has had many pessimistic or negative effects on workers in developing countries. As Globalization began to boom, the number of sweatshops also increased greatly and its effects were most definitely harming in many ways to the individuals employed by them; mainly women and children. Out of all the industries that have become globalized, the textile and garment industries are amongst the most. Mutually the textile and garment industries make up one of the largest sources of industrial employment in the world. In virtually every country around the world clothing is being produced but being sold somewhere else. Around 30 million people are making clothes and textiles around the globe and out of those thirty million, most of them are women. Around the world women and children are suffering because of the introduction of sweatshops, low wages, unsafe working environments, free trade zones, foreign control, sub contracting and abuses of human and worker rights.
Textile industry plays a very important role in fulfilling human needs. The industry contributes to produce garments and apparels that human used in their everyday lives. Different types of textiles are used widely by humans in their activities. They used it to cover their bodies, cover their food or ripe plants from animals and weather, to coat their furnitures, and sometimes also used to assists them in sports.
According to global industry analyst, the world sports clothing industry is anticipated to exceed $126 billion by 2015, Because of more active lifestyle, with older demographics and woman becoming more energetic, this drives the market. The entire sports clothing industry is highly filled with so many brands like Nike, Adidas, Umbro and Reebook all over the world competing, even the high leading brands have to work twice has hard in other to keep their share in the market because most of this small firm have quality products and also a very fine marketing style which has increased competing style in the industry. All over the world people demand more versatile wear, which indicates that’s retailers continue to produce new style of sports clothing for both men and women.
From 2005 the textile segment has been made up of 2 companies, transforming raw materials into fabrics, from spinning to finishing and ennobling. Handicraft product quality and technological research development characterize this business segment which works with internationally recognized names of the apparel and fashion industry.