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Bangladesh textile industry Informations

posted:2017-08-28

Bangladesh is one of biggest textile production country. Both of textile industry will be use industrial steam boiler to generate high steam for their producing. Once, we delivery one gas steam boiler to Bangladesh for textile production.S9rIndustrial Steam Boiler

Bangladesh textile indsutry boilerS9rIndustrial Steam Boiler

Boiler used for Bangladesh textile industryS9rIndustrial Steam Boiler

Bangladesh textile industry information

The textile and clothing (T&C) industries provide the single source of economic growth in Bangladesh's rapidly developing economy. Exports of textiles and garments are the principal source of foreign exchange earnings. Agriculture for domestic consumption is Bangladesh’s largest employment sector. By 2002 exports of textiles, clothing, and ready-made garments (RMG) accounted for 77% of Bangladesh’s total merchandise exports. By 2013, about 4 million people, mostly women, worked in Bangladesh's $19 billion-a-year industry, export-oriented ready-made garment (RMG) industry. Bangladesh is second only to China, the world's second-largest apparel exporter of western brands. Sixty percent of the export contracts of western brands are with European buyers and about forty percent with American buyers. Only 5% of textile factories are owned by foreign investors, with most of the production being controlled by local investors.S9rIndustrial Steam Boiler

History of textile production in Bangladesh

In 1971 Firstly process of import substitution industrialization to replace import & particularly the ready made sector. In 1975 - 76 BTMC never managed to match pre-1971 output & that is fiscal year & lost money In 1980 – 85 percent the textile industry are assets. In 1982 new industry policy & Export processing zone are created In 1972 formed new govt. S9rIndustrial Steam Boiler
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