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Bangladesh Center for Workers Solidarity

Why garment factories are rapidly shutting down?

Bangladesh’s garment industry, the backbone of its economy and accounting for nearly 84% of its foreign exchange earnings, is facing a severe crisis. Over the past year, dozens of factories have closed, leaving tens of thousands unemployed. The crisis is fuelled by automation, labour unrest, and political instability, threatening the livelihoods of millions dependent on this sector.

A report by Apparel Resources states that at least 76 garment factories have shut down in the past year,
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