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Maturing of Bangladesh’s Competencies

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Apparel Online Bangladesh February, 2016

READ MORE ON Bangladesh RMG IndustryBuying HouseDenimProduct DevelopmentWorkwear

Focus on skill development in all areas of operations from shop-floor to middle management

It is a well-established fact that the global garment manufacturing business is a ‘wage game’ and the location with the lowest wages wins. Old bases, over a period of time witness wage increases, which triggers movement of price-sensitive orders towards potential emerging ‘cheaper’ hubs. The wage rise also sets into motion a maturation activity in the erstwhile hub, as it begins to strengthen its industry to develop competencies to recompense for the higher wages. In recent times Bangladesh, which saw phenomenal growth on the back of cheap labour cost, has witnessed similar activities and that too without any significant threats from emerging hubs – which indicates the proactive…

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Source: Apparel Online Bangladesh February, 2016
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