Readymade Garments Industry of Bangladesh Essay

5218 Words Jan 15th, 2013 21 Pages
1.0 Introduction
1.1 Background of the study
The readymade garments (RMG) industry of Bangladesh is the fastest growing export oriented industry of the country. Starting in late seventies, the ready made garment industry of Bangladesh now accounts for over 64% of the country's total export earning.
A close look at the composition of RMG export of Bangladesh over the last two decades reveals that the woven garments sub-sector constituted the lion's share. In fact, the beginning of the development of RMG sector started with woven garments in 1985. In the first half the 90s, the share of woven garments was above 80%. However, the share gradually started to decline to about 70% in five years late and to 62% in 2004 and to 38.80% in 2005-2006
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1.4.2 Data collection
1.4.2.1 Primary sources
The researchers collected the enterprise data organizing and a number of key informant interviews (KII) with the key persons in Rahim Textile Mills Ltd. as I have selected this organization for the enterprise analysis.
Due to time limitation, the participants were chosen through personal contacts and participants' willingness to participate in the discussion. The key informants considered were senior managers of the selected organization and a few bankers related to the organization.
1.4.2.2 Key Informant Interview
The researcher will select at least 7 owners or managers to interview as key informants. This interview will focus on the enterprise level information like the vision, mission, objective, current performance in both local and international markets, the competitors in both markets, products and so on.
1.4.2.3 Secondary sources
The researchers have explored the following secondary sources to meet the objectives of the report.
• Data inventory of Bangladesh Export Promotion Bureau Bangladesh (EPB) relating to readymade garments export.
• Data inventory of Bangladesh Garments Manufactures' and Exporters' Association (BGMEA)
• On-line news archive of newspapers and news agencies home and abroad
• Annual report of the company
• Books and journals at the library of Institute of Business Administration and University Press Limited
1.5 Limitations of the Study
The