Current inflation is direct threat to our footloose industry-Clothing industry

Author Topic: Current inflation is direct threat to our footloose industry-Clothing industry  (Read 1194 times)

Offline AAA

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clothing industry belongs to footloose industry, which has been traveling from one continent to other continent through the course of time. if you look inside of the nature of the industry, you would find that this footloose industry started its journey, in USA, to Europe, and from Europe to Asia (Japan), then Korea, Hong Kong, Taiwan, then obviously to china, and now in china and Indian subcontinent  leading in clothing production world-wide.

just stop yourself and think why this is happening to clothing industry, because it belongs to footloose industry, which has nature to travel where who prove competitiveness in price and quality. Most importantly, huge human resource, which is must for a clothing industry, because it is one of the most labor-intensive industry in the world. 

coming to the point, that double digit inflation already created life-expense higher which directly creates labor unrest and could be millions of dollars will go in vain due to vandalism. the labor unrest and high labor cost are two most important facts that might lead our backbone industry shift to our competitors' land

the more point will be discuss later.

Offline Sumon Mazumder

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Nice post. I am waiting to see the details.


Thanks,

Sumon Mazumder
Lecturer
Dept. of TE
FSIT, DIU

Offline Suha

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Good post.
Engr. Md. Mahfuzur Rahman
Asst. Professor
Department of Textile Engineering
Daffodil International University

Offline fatima

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wow,what a post! :)i want to know more
Fatima Binta Satter Disha
Lecturer
Textile Engineering