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In the financial year 2016-2017 the RMG industry generated US$28.14 billion, which was 80.7% of the total export earnings and amounted to 12.36% of the GDP. By then, the industry was also taking on green manufacturing practices. [8] Bangladesh's textile industry has been part of the trade versus aid debate. The encouragement of the garment ...
National Productivity organization was established in 1989 under the Ministry of Industries. It is also responsible for the implementation of the rules of Asian Productivity Organization, which is based in Tokyo, Japan. [3] Bangladesh joined the Asian Productivity Organization in 1982.
A few more companies were also setting up their smartphone factories in Bangladesh, which had production plans in the first quadrant of 2019. International brands like Huawei and Lava have shown their interest to set up smartphone manufacturing plants in Bangladesh within the next couple of years. [14] [15]
The following list of countries by labour productivity ranks countries by their workforce productivity. Labour productivity can be measured as gross domestic product (GDP) or gross national income (GNI) generated per hour.
Workforce productivity is the amount of goods and services that a group of workers produce in a given amount of time. It is one of several types of productivity that economists measure. Workforce productivity, often referred to as labor productivity, is a measure for an organisation or company, a process, an industry, or a country.
The roots of the industrial engineering profession date back to the Industrial Revolution.The technologies that helped mechanize traditional manual operations in the textile industry including the Flying shuttle, the Spinning jenny, and perhaps most importantly the Steam engine generated Economies of scale that made Mass production in centralized locations attractive for the first time.
Process manufacturing is a branch of manufacturing that is associated with formulas and manufacturing recipes, [1] and can be contrasted with discrete manufacturing, which is concerned with discrete units, bills of materials and the assembly of components. Process manufacturing is also referred to as a 'process industry' which is defined as an ...
Productivity is the efficiency of production of goods or services expressed by some measure. Measurements of productivity are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time. [1]