Abstract:
The paper attempts to identify the prospects of Bangladesh’s ready-made garments
(RMG) industry in the post-MFA period by analyzing the current scenario, strength and
weakness of Bangladesh’s RMG and potential competitiveness in the world market in the
coming years. The investment in backward linkages industry, market diversification,
favorable government policies, improved governance and infrastructure, preferential
access to markets and above all the local entrepreneurial agility have kept the
Bangladesh’s RMG industry vibrant in post-MFA era. Bangladesh’s RMG is now a
matured industry and likely to be able to face successfully the challenges ahead and
maintain the competitiveness in the global RMG market.
