What was the result of the 2013 Bangladesh garment factory Collapse?
The 2013 Dhaka garment factory collapse, killing more than 1,100 workers and injuring 2,600 more, is the clothing industry’s worst ever industrial incident.
What happened to the textiles factory in Dhaka 2013?
On 24 April 2013, the collapse of the Rana Plaza building in Dhaka, Bangladesh, which housed five garment factories, killed at least 1,132 people and injured more than 2,500. Among these, at least 35 were textile factory incidents in which 491 workers were injured and 27 lost their lives.
How many garment industries are there in Bangladesh?
4.62 thousand garment factories
In 2019, there were about 4.62 thousand garment factories in Bangladesh. Although an increase from the previous year, this was a decrease from 2013, in which there were approximately 5.88 thousand garment factories in Bangladesh.
How much is the garment industry worth in Bangladesh?
It boasts the biggest manufacturing sector (as a share of GDP) in South Asia, and it continues to grow. In 2001, Bangladesh’s merchandize exports amounted to $6.6 billion; in 2019, they were $47.2 billion, which more than doubles its share of world exports from 0.1 percent in 2001 to 0.25 percent in 2019.
Why did the garment factory in Bangladesh collapse?
On the morning of April 24 2013 there was a power outage. Diesel generators at the top of the building were turned on. Then the building collapsed. The official death toll is 1,132.
What happened in the Rana Plaza clothing factory in Bangladesh in 2013?
In April of 2013, the Rana Plaza building collapsed, killing 1,132 people and maiming more than 2,500 others. This tragedy became a symbol of the fashion industry’s impact and need for sustainable reform.
Which is the biggest garments factory in Bangladesh?
Epyllion Group
Epyllion Group is the largest manufacturing readymade garments industry in Bangladesh. The product of these Garments Company is knitwear and garments.
How big is the textile industry in Bangladesh?
In the last seven years, Bangladesh’s garment industry has increased its annual revenue from $19 billion to $34 billion—a 79 percent rise. This makes the country the second largest exporter of garments in the world, with the sector accounting for 80 percent of Bangladesh’s total export earnings.
What is GSP facility in garments sector in Bangladesh?
GSP Facility for Bangladesh Garments Sector. The Generalized System of Preferences Act (GSP) enacted by the US congress in 1974 was a controlling tool for the duty-free import of textile and apparel products from developing counties including China and Bangladesh. In the 1990s, as organizations began to focus more on cost-saving measures, they
What is the future of the Bangladesh textile industry?
Bangladesh textile industry has very bright future with its robust demand in garment sector. But it is true that there are some challenges that Bangladesh has to face to survive in this sector. We know that availability of abundant natural gas, cheap labour, energy is the backbone of this industry.
What does garment industry mean?
garment industry – makers and sellers of fashionable clothing. apparel industry, fashion business, fashion industry, rag trade. industry – the people or companies engaged in a particular kind of commercial enterprise; “each industry has its own trade publications”.
What is the garment industry?
Definition of Garment industry. The garment industry consists of firms that manufacture and sell clothing and garments. The garment industry is a major contributor to the economies of many countries. This industry has been criticized by labor advocates for the use of sweatshops, piece work and child labor.