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In 2012 the textile industry accounted for 45% of all industrial employment in the country yet only contributed 5% of the Bangladesh's total national income. [8] After several building fires and collapses, resulting in the deaths of thousands of workers, the Bangladeshi textile industry and its buyers have faced criticism.
The collapse of Rana Plaza was a major turning point in the Bangladesh garment industry. It led to widespread protests and calls for better safety standards. [17] In the aftermath of the disaster, the Bangladesh government passed a new law that requires all garment factories to be inspected by a government-approved agency. [18]
Bangladesh Textile Mills Corporation, or BTMC, [1] is a public corporation that owns and manages all government textile mills in Bangladesh and is located in Dhaka. [2] It manages 18 government owned textile factories.
Bangladesh is a leading global cotton importer due to the size of its textile and garment industry, but the devastating floods mean few trucks and trains have been able to bring supplies to ...
Bangladesh textile industry earns about $30 billion annually by exporting ready made garments, which represents about 16% of the economy and employs over 4 million workers. Manufacturers' costs ...
The Bangladesh Textile Mills Association or BTMA is the national trade body for textile mills, manufacturers, and mills in Bangladesh and is located in Dhaka, Bangladesh. [1] [2] It carries out research on the textile industry in Bangladesh. [3]
A Bangladeshi textile fabric plant. Bangladesh's textile industry, which includes knitwear and ready-made garments (RMG) along with specialised textile products, is the nation's number one export earner, accounting for $21.5 billion in 2013 – 80% of Bangladesh's total exports of $27 billion. [147]
Department of Textiles (Bengali: বস্ত্র অধিদপ্তর) is a department of the government of Bangladesh under the Ministry of Textiles and Jute which is responsible for the Textile industry in Bangladesh. [1] The function of the department is to act as guardian for this economic sector and to address its needs. [2]