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Business trends

Bangladesh fights for future of its garment industry

Sector that earns 83% of country's export revenue faces intensifying competition

Garment makers in Bangladesh are investing in automation to rein in rising labor costs and maintain competitiveness. (Photo by Mitsuru Obe)

DHAKA -- A two-hour drive south from the crowded streets of Dhaka, a modern apparel factory stands along dusty streets lined with ramshackle stalls and busy with rickshaws. The state-of-the-art factory can produce 240,000 men's suits per month for western apparel brands such as Sweden's H&M and Britain's Marks & Spencer.

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