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Showing posts from January, 2023

Bangladesh's e-commerce revolution: How online sales are transforming the ready-made garment industry

 Table of Contents Introduction The growth of e-commerce in Bangladesh The impact on the ready-made garment industry Challenges and opportunities Conclusion Introduction Bangladesh is known for its booming ready-made garment (RMG) industry, which accounts for around 80% of the country's total exports. However, in recent years, the country has also seen a rapid growth in e-commerce, with online sales projected to reach $1 billion by 2023. This article will explore how the rise of e-commerce in Bangladesh is transforming the RMG industry and the challenges and opportunities that come with it. The growth of e-commerce in Bangladesh The e-commerce market in Bangladesh has been growing at an astonishing rate, with a compound annual growth rate (CAGR) of more than 60% over the past few years. This can be attributed to several factors, including an increasing number of internet users, a growing middle class, and the ease of access to online shopping platforms. In addition, the government

Top Garment manufacturers of Bangladesh

Bangladesh is one of the world's leading garment manufacturers, exporting clothing and textiles to countries all over the globe. Many of the top garment manufacturers in Bangladesh are part of large, multinational corporations, but there are also many smaller, family-owned businesses that are making their mark in the industry. Grameen Knitwear: This is a leading Bangladeshi garment manufacturer that specializes in producing knitwear for men, women, and children. With a reputation for producing high-quality garments at competitive prices, Grameen Knitwear has quickly become one of the top manufacturers in the country. BEXIMCO : BEXIMCO is one of the largest and most successful garment manufacturers in Bangladesh. The company specializes in producing a wide range of garments, including t-shirts, polo shirts, and denim, and it has a reputation for producing high-quality, durable garments that are built to last. Ananta Group : Ananta Group is one of the largest and most successful gar