Business proposal Bangladesh
Business Proposal 02: Garments /textile
Introduction: The readymade garments industry is the leading foreign currency earning sector in Bangladesh. Now a days Bangladesh financial sector is very much dependent upon this sector. The annual export income of garments sector is driven from two sources one is woven garments and another is knit garments.Redimet garments is a 100% export oriented garments. Readymade garments exports various garments product in foreign market such as shirt, ladies shorts, trousers, t shirt, polo shirt, jeans kids wear. The main buyer countries are USA, CANADA, GERMANY, UK, FRANCH, AUSTRALIA and others. The govt encourage foreign investment and offer more incentive for investors. The present situation in Bangladesh all garments production order overloaded. Itâ€™s crying need garments in Bangladesh. Recently, china showing interest to transfer order into Bangladesh due to labor cost.
The main advantage for garments business in Bangladesh is minimum labour cost. And govt facility and incentives.
Project: knit Garments
Total Investment: USD $ 2, 50,000 to 3, 00,000
Total Premises required: 40,000 sft
Office premises required: 5000 sft
Line of production line: 30 line (each line 20 machines)
Monthly Production capacity: 20, 00,000 pcs (each line production 70,000 PM)
Business Type: Direct buyers/Sub contact /buying house
Profit margin: 15-20 % (per unit USD$ .2) depends on negotiation with buyer.
We have enoguh land and building also will invest (50:50) ratio as per mutual understanding with investor.
NB: If decision comes Positive then will prepare business plan and cash budget for business