Bangladesh’s readymade garment (RMG) sector has demonstrated remarkable growth by achieving exports worth $22.98 billion. This represents an 11.77% increase compared to the previous year, highlighting the importance of the RMG industry in strengthening the country’s economy.
Key Highlights of the Sector’s Growth
- Significant Export Value: $22.98 billion in readymade garment exports.
- Year-on-Year Growth: An increase of 11.77% compared to the previous year.
- Economic Contribution: The sector plays a crucial role in national economic development and employment.
The robust performance of the garment sector underscores Bangladesh’s position as a global player in the textile and apparel industry. This growth not only enhances foreign exchange earnings but also supports millions of jobs across the country, making the RMG sector a backbone of Bangladesh’s economy.
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