Bangla Apparel Headed for Internal Turmoil as Links with Awami League Come Home to Roost

Taking Over The political turmoil in Bangladesh has already seen the incumbent prime minister, Sheikh Hasina Wazed, fleeing the country. As a new interim government takes over, all eyes will be on the country's readymade garments (RMG) industry, which serves as the de facto backbone of the country's economy. Courtesy Reuters

By Subir Ghosh

Publication:

texfash

Dated Posted:

8 August 2024

Last Modified:

8 August 2024

Bangladesh's readymade garments (RMG) industry grew by a whopping 280% during the 15-year tenure of Sheikh Hasina Wazed's Awami League. Both the League and the RMG industry fed off each other, but with Hasina being ousted and public sentiments overwhelmingly against the Awami League, the country's political turmoil is bound to take its toll on the RMG industry.

Read the original story on texfash.