Currently, RMG accounts for 84 percent of Bangladesh’s exports, making it one of the top exporters of clothing in the world. This is the result of the industry’s explosive development and modernization over the past ten years, as well as the progress it has achieved in enhancing working conditions for the nation’s four million or more garment employees.
With the influence of cutting-edge technology and innovation, the trend in the global fashion industry changes daily. According to industry experts, Bangladesh is moving toward adopting technology, which is where the industry’s future resides. Bangladeshi clothing manufacturers have spent a significant amount of money in recent years using cutting-edge technology to raise product quality.
Posh Garments Ltd is one of the leading companies in Bangladesh and has incorporated advanced technology in their production to enhance progress.
How the Garments Industry in Bangladesh Evolved
The domestic market for RMG has been growing quickly due to an increase in personal disposable income and a shift in lifestyle since the RMG business in Bangladesh began to flourish in the late 1970s. In terms of employment, foreign exchange profits, and GDP contribution, the sector quickly gained great prominence.
One of the nations with the greatest growth in the global garment market right now is Bangladesh. The nation has Southeast Asia’s third-largest economy, with a GDP of 324.2 billion USD (2020). Millions of people all around the world proudly wear the “Made in Bangladesh” mark, which is a huge accolade for Bangladesh.
There are more than 50 environmentally friendly apparel manufacturing facilities in the country. This country is home to some of the most well-known garment producers in the world, and they collaborate with well-known retailers like Gap, H&M, Adidas, Puma, Nike, and JCPenney.
How Technology Can Improve the Garments Industry in Bangladesh
Bangladeshi garment producers have adopted cutting-edge software technology to eliminate clothing waste, laser technology for washing denim, and most recently washing technology to minimize negative environmental effects. Of course, Bangladesh’s garment sector has a promising future. Technology can support the industry’s adoption of innovation, sustainability, and efficiency improvements.
Foreign specialists are also emphasizing the use of technology to maintain their position as one of the top export destinations to the European Union. It is well acknowledged that technological advancements are one of the major factors altering the nature of business today. Business people around the world are more affected by the change. Bangladeshi manufacturers must progress toward technology adoption if they want to keep their position as one of the top sourcing nations for the European Union and other export markets. Technology accessibility may open the door to rapid industrial growth.
How Technology and Innovation Can Shape Bangladesh’s Textile Sector
Safety has already seen notable advancements in the sector. The next step is to transition from basic to high-value clothing, where technology will take the lead.
Some businesses have implemented cutting-section software that analyzes all feasible angles depending on the input of a product measurement to cut the cloth and ensure the best uses. After analysis, the software provides a blueprint and marking for the fabric cutters to use while manually or automatically cutting the fabric. It saves time and material, which eventually enables faster price negotiations with buyers.
Meanwhile, Bangladesh is greatly using technology to lessen its negative environmental impact. Companies have developed technology for denim washing and fabric dyeing that effectively reduces water use and ensures the release of biochemicals without posing any dangers.
Posh Garments: The Future of Garments: Technology and Innovation Transforming Bangladesh’s Textile Sector
Environmental preservation is a top priority for Posh Garments. They are dedicated to achieving the Sustainable Development Goals (SDG) by the year 2030 as a Bangladeshi garment producer. They support the use of recycled resources, such as paper, plastic, and polyester fabric. As a clothing factory, they consistently work to lower their carbon footprint by using less gas, energy, and water. Fabric, plastic, and paper trash are all completely recycled. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) honored Posh Garments in 2021 for their commitment to sustainability.
Posh Garments is a BSCI, SEDEX, GOTS, and ACCORD accredited business with IS 9001 certification. They have a strong commitment to preserving a secure work environment for their staff. ERP is the foundation of our key business operations.
Within the clothing industry, Bangladesh has already made a strong start toward green industrialization. The most recent inventions and technology are offering significant answers for conserving the planet’s valuable resources, such as water, energy, and resources. These days, garbage is being recycled to create brand-new fibers, waterless dyeing, and bio-fibers.
Stepping Towards the Future of the Garments Industry in Bangladesh
Bangladesh has achieved great strides in the digital revolution over the past ten years thanks to the government’s Digital Bangladesh agenda. We need to make more investments in human capital if we want to speed up technical advancement. The technology that the fashion industry will utilize in the future, the kinds of talents needed to run them, and the number and caliber of those abilities, all need to be monitored. With technology in mind, we need to provide workers with the appropriate skill sets. In terms of maintaining competitiveness, product innovation, and sustainability, technology will be a game-changer for us.
Another crucial area for our long-term growth sustainability is the diversification of fashion items and innovation. The goal of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is to reach $100 billion in exports by 2030. Therefore, we must diversify our clothing export portfolio to support the RMG industry’s consistent expansion in Bangladesh.
The Bottom Line
Bangladesh has the chance to explore and grow its business in the potential market for technical textiles. The transition from producing conventional clothing to producing technical textile clothing or smart clothing will demand significant efforts and effective collaboration among all important sectoral stakeholders. Collaboration and synergies across the whole clothing value chain are essential to Bangladesh’s continued advancement in technological textiles.
Businesses like Posh Garments Ltd have already started exploring the technological side of the garments industry in Bangladesh.