Since 1983 the garment industry of Bangladesh has been playing most
vital role in her national economy, foreign exchange earnings,
employment, growth in other sector and most prominently women
employment. This industry contributes 75.64% of total exports of
Bangladesh (BGMEA, 2007). People directly involved with this sector
became worried because of phase out of quota system from January
2005. Despite the competition grew high, our garments industry
didn't lose its market compared to that of other competitors like
China, India, Sri Lanka etc. The Govt. is taking steps to remove
the problem with the backward linkage industry. So, it is a matter
of time to get rid of it. In this book we've tried to analyze the
performance of 5 different RMG companies and tried to examine the
impact of Post MFA where we observe that our RMG industry is
performing well at Post MFA. As the study represents a clear image
of the performance of the garments sector the firms in the industry
both new entrants and the exiting, may gain competitive advantage
over their rivals following the recommended strategies. Management
as well as the Govt. may find it helpful to protect the sector
through proper strategy.
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