Around 1,430 textile mills are present in Bangladesh which includes 796 woven fabric manufacturers with a capacity to produce 3,850 million meters of fabric per annum. In addition, Bangladesh has 240 dying, printing and finishing mills, which manufacturers 3,170 million meters of fabric per annum.
Bangladesh enjoys duty free access in 52 countries which includes the EU, Australia, New Zealand, Norway, Switzerland, Japan, Iceland, South Korea, Canada, Chile, India (46 RMG products), Turkey, China. Bangladesh is also a member of regional blocs SAPTA, SAFTA, APTA, BIMSTEC.
At present, six out of the top 10 eco-friendly platinum LEED (Leadership in Energy and Environmental Design) certified factories worldwide are located in Bangladesh. In addition to having the highest number of LEED-certified factories, Bangladesh is also home to the highest-rated LEED Platinum denim factory, knitting factory, washing plant, and textile mill in the world.
Abundance of young and qualified labor force
With over 110 million of the population aged below 40 and 75 million of the population aged below 24, Bangladesh has an abundance labor force.
Availability of customized educational programs for textile industry
At present, there are 37 public and private universities and colleges along with 6 government textile institutes producing textile graduates and diploma engineers every year for the industry, in addition to several polytechnic institutes and private institutes in the country.
Market Access to growing consumer markets:
Bangladesh is located between South and Southeast Asia making it an entryway to both these markets of over 3 billion people. Neighbors India and China are within easy distance of Bangladesh.
Well-connected to major ports in Asia
Well connected to land and sea ports in several states in India and located within easy distance from ports in China.
Several government Infrastructure projects underway to improve land and port connectivity:
Several projects are underway to improve the existing land and sea routes such as the Dhaka-Chattagram route, development of Payra and Matarbari deep-sea ports.
All factories maintain international safety and compliance, and assessed in accordance with BSCI, WRAP, SMETA, ICS, Higg index, GTW, RTM, Join Life, ZDHC, Blue Sign, ISO, OCS, GOTS, Oekotex.
More than 100 international clothing brands have been directly sourcing from Bangladesh over the years with exports reaching to more than 150 countries around the world.