Before you start some work, always ask yourself three questions—why am I doing it, what the results might be and will I be successful? Only when you think deeply and find satisfactory answers to these questions, go ahead.” – Chanakya, ancient Indian teacher, philosopher, economist, jurist and royal advisor (350 BCE - 275 BCE)
Owing to the political calm and the strong economic rebound in the Western world, prospects for the garments business are better than ever. Since Bangladesh is the second largest garment exporting nation in the world, there are opportunities for growth here too.
Bangladesh is one of the most densely populated countries in the world with a population of around 160 million. The economy is rapidly transforming from agriculture-based to industry- and service-based. Despite achieving significant landmarks in the fight against poverty, especially through the transformation of agriculture (increased yield), micro-credit expansion and RMG export, poverty still remains a daunting problem for a vast majority of the population.