Bangladesh Textile Industry
While agriculture for domestic consumption is Bangladesh’s largest employment sector, the money gained from exporting textiles is the single greatest source of economic growth in Bangladesh. Exports of textiles, clothing, and ready-made garments accounted for 77% of Bangladesh’s total merchandise exports in 2002. Only 5% of textile factories are owned by foreign investors, with most of the production being controlled by local investors.
Read more about Bangladesh Textile Industry: History of Textile Production in Bangladesh, Bangladesh Textile Mills Corporation (BTMC), Effect of The Agreement On Textiles and Clothing, Ready-made Garments, Major Market, Employment and Labor, Education in Textile Sector, Gallery
Famous quotes containing the words textile and/or industry:
“Stupid or smart, there wasnt much choice about what was going to happen to me ... Growing up was like falling into a hole.... I might not quit school, not while Mama had any say in the matter, but what difference would that make? What was I going to do in five years? Work in the textile mill? Join Mama at the diner? It all looked bleak to me. No wonder people got crazy as they grew up.”
—Dorothy Allison (b. 1953)
“Do not put off your work until tomorrow and the day after. For the sluggish worker does not fill his barn, nor the one who puts off his work; industry aids work, but the man who puts off work always wrestles with disaster.”
—Hesiod (c. 8th century B.C.)