Bangladesh's garment industry gradually adopting new business models to beat pandemic
Published 29 Mar,2021 via The Financial Express - The country's ready-made garment (RMG) industry has gradually been adopting new business models or innovative plans to address the challenges surfaced due to the Covid-19 pandemic, according to a study report.
To ensure sustainability in the post-pandemic business recovery, six per cent of 47 garment factories surveyed under the study adopted new business models.
The report - 'A Pathway to Manage Private Sector Impact on Bangladesh National Priority Indicators (NPIs) and Sustainable Development Goals (SDGs)' - also showed that the RMG industry not only contributed to economic development, but was also directly engaged in achieving nine SDGs.
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