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Bangladesh RMG sector in crisis amid declining exports & protests

21 Nov '23
33 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Bangladesh's vital readymade garments (RMG) industry, the world's second-largest exporter after China, faces severe challenges.
  • The sector, crucial for the country's economy, is struggling with rising gas prices, inflation, and a natural gas shortage, hindering production.
  • Worker protests over low wages and poor conditions are intensifying the crisis.
Bangladesh's vital readymade garments (RMG) industry, the world's second-largest exporter after China, faces severe challenges. The sector, crucial for the country's economy, is struggling with rising gas prices, inflation, and a natural gas shortage, hindering production. Worker protests over low wages and poor conditions are intensifying the crisis.

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