ID: 1510327

Answer 1: 
The ready-made clothing (RMG) sector represents the industry's challenges and prospects that
repeatedly play a key role not only in economic growth, but also in region. It also focuses on the
role of various stakeholders in the RMG field that is rapidly progressing with impressive success
as well as a series of challenges that offer an insight into a brilliant future.
The RMG sector is the largest industrial sector emerging in the country in the 1970s. The
golden period of the sector emerged in the 2000s, and the blooming trend continues with rapid
speed. It is worth noting the RMG plays an undeniable contribution in foreign currency earning,
reducing job losses, reducing poverty, empowering women, developing labor and sustainable
economic growth, especially for under developed countries. 
These are some of the reasons
why companies are offshore their business processes.
Factories offshore their production overseas to have goods and services at lower production
cost; especially in developed market countries with lower labor costs, utilities and manufacturing
facilities.
Example: Local fabric is exported to garment manufacturing countries, scuh as Nylon.