Bangladesh textile industry

Its ppt of bangladesh textile industry , all the advantages to setup textile industry

1. Subject: Business envoirnment Prof: Ganpat P rajapati

2. Group members Name Pooja V. Desai Stevie X. Vales Pooja A. Desai Jigar M. Solanki Deepika V. Jethwani

3. Bangladesh Textile Mills Association B T M A Bangladesh Textile Mills Association (BTMA) Presents Opportunities in Bangladesh Textile Industry for Investment From MNC’s

4. Introduction Tremendous industrial growth Availability of lowest manpower Sourcing world class fabrics and finished clothes

5. Objectives To promote trade in textile and apparels To expand market access To establish a market information system To promote the development of policies supportive to trade To provide an institutional framework for the development of textile industry To enhance private sector involvement in regional policy formulation and implementation

6. Ready Made Garments Industry Growth oriented. Largest exporting industry. Contribution towards GDP. Employment generation. Social development.

7. New Markets The RMG started exporting to new market. Growth opportunity. WTO listed Bangladesh as 5 th clothing exporter.

8. Uniqueness Highest RMG exporting country. Competitive pricing is the unique revenue strategy. Competitive advantage on cost of labor. EPZ manufacturing and lower cost of energy.

9. back-end bottle necks supply of gas for electricity generation welfare schemes and participatory decision technology and skill upgrading EU GSP rules Governsment policies for Foreign Investments GOVERNMENT

10. 48th largest economy Economy growth rate by 6-7% Deposit rate 9.65% ECONOMIC

11. BANGLADESH CORPORATE TAX POLICIES Standard rate of corporate tax in Bangladesh is 27.5% Publicly Traded Company 27.5% Non-publicly Traded Company 37.5 % 10% rebate on tax

12. Technological National science and technology policy It gives direction to Science and technology The National Council for Science and Technology (NCST)

13. Export policy The sector share of RMG export In 1980 EPZ was established 76% of country’s export earning from textile and apparel. export worth nearly $5billion p.a. 6 th largest apparel supplier to US and EU countries. Year Approx % 1995 17 2003 40

14. Human Resources 45% of all industrial employment Contribute 5% to the total national income 4 million people are employed mostly women

15. Geography Textile and apparel firms in Bangladesh are mostly concentrated around the capital city of Dhaka

16. Why in Dhaka Region ? International Communication available Easy for buyers to visit, inspect etc. Trained technical manpower easily available All financial institutions H.Q in Dhaka Five to six hours travel time to Chittagong by road Utilities such as gas, electricity, water availability better

17. The Stand Out Factors The world's second biggest exporter of clothing Excellent transportation Availability of raw materials Adequate sources of energy EPZ- primary objective, 8 EPZ’s, benefits and BEPZA Market coverage's – duty free access to Canada, Norway, Japan, New Zealand and Australia Cheapest labour force

18. 8.Duty Free Access to US 9. Investment Guarantee : Foreign Private Investment (Promotion and Projection) Act 1980 , OPIC"s (Overseas Private Investment Corporation, USA) , Multi-national Investment Guarantee Agency (MIGA) 10. The International Centre for Settlement of Investment Disputes (ICSID) 11. FDI- in 2011, FDI was $1136.38m.. 13.75% up in 2012 12. Bank interest@ 7% for financing exports