The Bangladesh Garment Market Reached An Average Growth Rate Of 14.3% In 2014.
According to the RNCOS report of India Research Institute, Bangladesh
Garment market
The annual composite average growth rate will reach 14.3% by 2014.
3 factors, such as the establishment of the new plant, the expansion of existing plant capacity and favorable government policies, are
growth rate
The main driving force for the rise.
In addition, domestic textiles and
clothing
The market is also growing because of the purchasing power of local people.
The total export revenue of the country in the first 9 months of 2010 to 2011 was $16 billion 200 million, up 40% from the same period last year.
Exports of knitwear and shuttle fabrics accounted for us $12 billion 500 million.
Bangladesh relies on low
cost
The advantages of human resources, competitive energy costs, and experience in production and export ranked fourth in the international export volume in 2009.
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