Prominent businessman M Miraz Hossain talks about the RMG rejuvenation
Bangladesh's apparel industry rejoices at rejuvenation with old factories expanding and new ones sprouting amid a glut of orders from buyers, though global tensions pose downside risks, sources say. Encouraged by the strong rebound from the pandemic-time constraints, at least 200 new factories have entered into the trade since 2021, according to industry people. Besides, they note, many factories are expanding their existing capacities while some of them doing subcontracting to grab a share of the business bonanza. Bangladesh Garment Manufacturers and Exporters Assoc