One of the factors that have contributed to the growth of Bangladesh’s garment industry is the country’s low labor costs. The wages paid to workers in Bangladesh are among the lowest in the world, making it an attractive destination for companies looking to save on labor costs. This, combined with Bangladesh’s skilled workforce and robust infrastructure, has helped the country emerge as a leader in the global apparel industry.
Another reason for Bangladesh’s success is its strong government support. The government has implemented policies to support the growth of the industry, including tax breaks, subsidies, and infrastructure development. These policies have helped create a conducive environment for garment manufacturers to thrive and grow.