Bangladeshi RMG Sector

Bangladeshi RMG Sector

The economy of Bangladesh is largely dependent on agriculture. However, in recent years, the Ready–Made Garments (RMG) sector has emerged as the biggest earner of foreign currency. The ready-made garment (RMG) sector has experienced an exponential growth since the 1980s. The sector contributes significantly to the GDP. It also provides employment to around 4.2 million Bangladeshis, mainly women from low income families which affects their social status.