Eyes on $100 billion apparel export by 2030

[Bilal9]

I truly believe it is possible to achieve the 2030 target of exporting $100 billion worth of goods. Ours has 168 million people to support that goal.

I agree. No dearth of semi-skilled labor. But that advantage will not last forever.

 

[Skull and Bones]

Tariff on Bangladesh apparel is the highest in the US, lot more than Vietnam for example, and no GSP.

Yet exports are booming. At some point price and margin become secondary....

India fell behind because of red tape and govt. inaction in the low labor cost states. Bangladesh started in the mid seventies in this sector. Nowadays the scale and economies of scale are beyond any sweatshop scenario....this below is just one company and there are many hundreds like this all over Bangladesh.

I agree, we have an industry and I know the hassle of documentations and environmental protocol we have to follow. Otherwise cheap man power is available readily in India for apparel industry.

 

[Wood]

I agree, we have an industry and I know the hassle of documentations and environmental protocol we have to follow. Otherwise cheap man power is available readily in India for apparel industry.

What about input costs for the industry in India? I read online that it is higher than that for Bangladesh and Pakistan. Would you know why Indian industry is saddled with this peculiar challenge while the contemporaries in the region do not?

 

[PadmaBridge]

I think it's possible. জয় জাইঙ্গা। জাইঙ্গা জিন্দাবাদ।

@bluesky @AmiEktaKharapChele @Homo Sapiens @EasyNow @PadmaBridge @F-6 enthusiast @UKBengali @Destranator @Atlas

100 billion from garments.

50 billion from pharma + IT + ship + home appliances + toys + furniture + crockery + leather

Bangladesh is prime for export because:

1. Women empowerment. Will ensure labour costs remain cheap well into 2030.

2. Stable and all controlling central government.

3. Every inch of country less than 150 miles away from a port. Means millions can be engaged in export without mega costly migration.

4. Absence of Extremist grievance politics that plaques and occupies our neighbours 24/7. Using up oxygen - badly needed by covid patients!

5. Just in time is key in manufacturing. Facilitated by navigable river transportation instead of costly trucks and rail. Ships built in BD instead of trucks imported from enemy countries.



Homogeneous country means businesses do not need costly diversity crap.

What about input costs for the industry in India? I read online that it is higher than that for Bangladesh and Pakistan. Would you know why Indian industry is saddled with this peculiar challenge while the contemporaries in the region do not?

Hindu India has higher taxes.

Simple as that!

High taxes is a job killer.

 

[Skull and Bones]

What about input costs for the industry in India? I read online that it is higher than that for Bangladesh and Pakistan. Would you know why Indian industry is saddled with this peculiar challenge while the contemporaries in the region do not?

This is subjective and depends on a lot of factors, for example for our industry, we had to pay for the entire electrical infrastructures and transformers. Where as in some other towns, the infrastructure is already there, and you just plug and play. Not to forget, we had to toil so hard to get environmental clearance, and some under the table bribe.

 

[Joe Shearer]

Presumably you think that had Bihar been ruled by the Secular Laloo-Rabri clan and UP by the Etawah Yadavs uninterrupted since 1990 they could have usurped BD's RMG crown?

Oh dear, if you put it in these very blunt terms, no.

 

[bluesky]

I agree. No dearth of semi-skilled labor. But that advantage will not last forever.

New textile laborers get trained in the job after the first employment. We will have no lack of skilled and semi-skilled laborers in the textile sector for the next decade.

However, sectors related to mechanical products not only lack trained laborers but the production base has not yet been built. Very few workshops in the country.

I believe the country lacks mechanical design engineers.

 

[PadmaBridge]

New textile laborers get trained in the job after the first employment. We will have no lack of skilled and semi-skilled laborers in the textile sector for the next decade.

However, sectors related to mechanical products not only lack trained laborers but the production base has not yet been built. Very few workshops in the country.

I believe the country lacks mechanical design engineers.

Bro,

We need to build the technical colleges for factory and assembly work.

Forget the IA, BA, MA crap from third rate unis.

Get hands on skills.

 

[Bilal9]

I agree, we have an industry and I know the hassle of documentations and environmental protocol we have to follow. Otherwise cheap man power is available readily in India for apparel industry.

Recently the EU added the add'l requirement on carbon neutrality. Bangladeshi apparel makers started adapting about a decade ago and many of the top net Zero apparel factories are in Bangladesh now.

List of LEED Certified Green Garment Factories in Bangladesh

Bangladesh has reached a unique height by setting up green garment factories. 9 out of the world's top 10 green garment factories are in Bangladesh

textilelearner.net

 

[bluesky]

Bro,

We need to build the technical colleges for factory and assembly work.

Forget the IA, BA, MA crap from third rate unis.

Get hands on skills.

Yes, you are right. I think you are suggesting establishing more vocational training schools where students enter there after the 9th or 10th grade of education rather than general University education.

In my opinion, the education ministry should study the German education system whereby only the brightest pupils are allowed a University education.

Most others go to vocational schools to learn different trades. No wonder, German products are the best in the world. Even the Japanese appreciate them.

However, our people are averse to working by hand because it causes our white skin to get colored. It is also very shameful for our people being the descendants of many Raja, Maharaja, Nawab, and Sultan.

So, please do not insult us by suggesting to work manual.

 

[PadmaBridge]

Yes, you are right. I think you are suggesting establishing more vocational training schools where students enter there after the 9th or 10th grade of education rather than general University education.

In my opinion, the education ministry should study the German education system whereby only the brightest pupils are allowed a University education.

Most others go to vocational schools to learn different trades. No wonder, German products are the best in the world. Even the Japanese appreciate them.

However, our people are averse to working by hand because it causes our white skin to get colored. It is also very shameful for our people being the descendants of many Raja, Maharaja, Nawab, and Sultan.

So, please do not insult us by suggesting to work manual.

Brits and Indians are also averse to vocational education - they opt for degrees in meaningless subjects in crappy universities.

I work with Indians a lot. Hilariously they all want to be managers. Generally not interested in excelling technically.

Hence both countries suffer from massive graduate unemployment.

And have poor history with manufacturing.

Once Britain lost its ability to dump its crap on its colonies - their manufacturing base collapsed. One day I will tell you about the hilarious history of their auto industry.

I want Bangladesh to be different by following the Germanic model. I don’t like the Japanese model because their system is not so good. Japanese model is compensated by excessive hard graft leaving no time to build and enjoy family life.

 

[SMX 3.0]

Hence both countries suffer from massive graduate unemployment.

And have poor history with manufacturing.

Why don't you look up manufacturing value added by country or economic complexity index before spewing BS?

 

[PadmaBridge]

Why don't you look up manufacturing value added by country or economic complexity index before spewing BS?

Still grafting for oxygen?

I am afraid covid exposed the reality of India.

Millions of Hindus died during covid. Millions more are aborted during birth.

About 4-5 million super rich driving consumption - rest are piss poor.

It’s the caste system at work. Which is why no Hindu country has ever developed in the history of the world.

India’s Economy Is Growing Quickly. Why Can’t It Produce Enough Jobs? (Published 2022)

The disconnect is a result of India’s uneven growth, powered and enjoyed by the country’s upper strata.

www.nytimes.com

 

[SMX 3.0]

Still grafting for oxygen?

I am afraid covid exposed the reality of India.

Millions of Hindus died during covid. Millions more are aborted during birth.

About 4-5 million super rich driving consumption - rest are piss poor.

It’s the caste system at work. Which is why no Hindu country has ever developed in the history of the world.

India’s Economy Is Growing Quickly. Why Can’t It Produce Enough Jobs? (Published 2022)

The disconnect is a result of India’s uneven growth, powered and enjoyed by the country’s upper strata.

www.nytimes.com

Is that the answer for what I asked, doofus??

Both these countries have a far far larger manufacturing base than yours and they do more than export RMG on LDC quota

Stop wasting my time.

 

[Bengal71]

Still grafting for oxygen?

I am afraid covid exposed the reality of India.

Millions of Hindus died during covid. Millions more are aborted during birth.

About 4-5 million super rich driving consumption - rest are piss poor.

It’s the caste system at work. Which is why no Hindu country has ever developed in the history of the world.

India’s Economy Is Growing Quickly. Why Can’t It Produce Enough Jobs? (Published 2022)

The disconnect is a result of India’s uneven growth, powered and enjoyed by the country’s upper strata.

www.nytimes.com

আরে ভাই, রিপ্লাই না দিলে কী হয়? ব্লক করে দেন, শান্তিতে থাকেন।