Bangladesh garment industry has a dilemma

Distance last April sensational building collapse disaster in less than a year, Bangladesh garment industry has a dilemma, not the view of the world's second largest exporter of garment.Last December,ASME RF/FF Welding Socket Weld slip on flange retailers and brands in the west on the grounds that the labor conditions of intervention, the garment industry in Bangladesh's monthly minimum wage was forced to rise 79%, to $68. Emerging economies such as Vietnam's garment industry to rise, the jump in labor costs for the country's clothing factory is a bad news. The country's clothing manufacturers complain: the minimum wage was forced to rise, costs soaring, global buyers are reluctant to price, profit more thin.

At present, the bangladeshi workers security alliance organization through loans to help the country's clothing manufacturers to survive, business owners themselves also took some stimulus measures to improve productivity,carbon steel ERW A106 steel pipe but the country's manufacturing industry's future is still in is tottering.On April 24, 2013, is located in the outskirts of dhaka sarwar a eight layer building in the town of rana building collapsed (RanaPlaza), more than 1100 workers were killed. Hundreds of shops inside the building collapsed, and several garment factories. The building has been a few days ago a crack, the local government called for a ban on access, but got no joy from the business owners in their apartment building.

Business owners expect is less than in addition to building collapse, also includes a year after the disaster caused by a sharp drop in profits. Located in dhaka Babylon group (BabylonGroup) employs 12000 workers,Used for water transportation low pressure steel tube clients include some of the major retailers worldwide. The company struggling after the minimum wage increase. A recent order to cause the group is equal to the value of the 2.42% drop in profits, and prior to that, a similar order of net profit is just 2.69% of the value. This means that the net income is less than 0.3%.