The country’s apparel sector is expected to reach the $100 billion export mark by 2030 through product diversification, and more focus on technical textiles and man-made fiber products, according to a long-term plan. The global apparel market size will be around $1135 billion in 2030. During this period Bangladeshi apparel exporters expect to get at least 10 percent or $100 billion of the global market share.
The apparel exporters will reduce greenhouse gas emissions by 30% and will reduce energy consumption by 30% and will use at least 20% of renewable energy by 2030. The apparel sector will generate 6 million jobs by 2030 by ensuring 100% institutionalization of skill development, good health, and well-being of employees. Bangladesh’s RMG sector has been in the leading position the economic development with a wide range of opportunities and it is time to expand the opportunity even further.
Session Objectives:
• Shed light on Bangladesh’s success in global stage with regard to RMG manufacturing, recycling and exports.
• Highlight the Vision /Potential of Bangladesh RMG sector and the underlying strengths that form the foundation for attaining the vision.
• How Bangladesh RMG sector is preparing to embrace sustainability/circularity and other key success factors for the future.
• Opportunities the RMG sector offer the local and global business over the medium and long term.
2ND LARGEST RMG EXPORTER IN THE WORLD
