Ready Made Garments a Case Study on Export Performance

Topic Ready made garments: A Case Study on Export performance Course name Theory and practice of International Business (EIB-510) Al Ratul Bin Muzib ID: 80903025 Semester-III EMBA Program Department of International Business University of Dhaka Dr. Khondoker Bazlul Hoque Professor Department of International Business University of Dhaka The 24th April, 2010 Letter of transmittal Date: April 24, 2010 Dr. Khondoker Bazlul Hoque Professor Department of International Business University of Dhaka Subject: Submission of Term Paper Dear Sir, Here I am submitting my Term Paper on â€Å"Ready made garments: A Case Study on Export performance† as per requirement of the course Theory and practice of†¦show more content†¦Chapter 1: Introduction RMG contributes 76% of total exports in Bangladesh. Major products of apparels include knit and woven shirts, trousers, skirts, shorts, jackets, sweaters, sports wears and many more casual and fashion items. The RMG industry of Bangladesh has expanded dramatically over the last three decades. Traditionally, the jute industry dominated the industrial sector of the country until the 1970s. Since the early 1980s, the RMG industry has emerged as an important player in the economy of the country and has gradually replaced the jute industry. The â€Å"export-quota system†1 in trading garment products played a significant role in the success of the industry. However, that quota system came to an end in 2004. Therefore, the competitiveness issue needs to be addressed, with special attention given to the long-term sustainability of the industry. The hundred percent export-oriented RMG industry experienced phenomenal growth during the last 15 or so years. In 1978, there were only 9 export-oriented garment manufacturing units, which generated export earnings of hardly one million dollar. Some of these units were very small and produced garments for both domestic and export markets. Four such small and old units were Reaz Garments, Paris Garments, Jewel Garments and Baishakhi Garments. Within a short period, Bangladeshi entrepreneurs got familiar with the world apparel markets and marketing.Show MoreRelatedDaffodil International University7456 Words   |  30 Pagesï » ¿ Daffodil International University Internship Report On Marketing Challenges of Readymade Garments Industry in Global Market: A Comparative Study on Lusaka Group Supervised By: Mr.Gouranga Chandra Debnath Assistant Professor Department of Business Administration Daffodil International University Prepared By: Md.Nahid Hasan ID NO # 073-11-2130 Batch: 18th Major: Marketing Date of Submission: 31-08-2014Read MoreReadymade Garments Industry of Bangladesh Essay5218 Words   |  21 Pages1.0 Introduction 1.1 Background of the study The readymade garments (RMG) industry of Bangladesh is the fastest growing export oriented industry of the country. 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