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Dev Prakash Pandey

Learner || Content W... • 8m

How the ongoing protests in Bangladesh are severely impacting the garment industry's supply chain. Factory Closures: Over 400 factories have halted operations due to protests, leading to significant production delays and increased shipping costs as containers pile up at Chittagong port, with a reported 50% reduction in deliveries. Increased Costs: The disruptions have raised freight costs and delayed shipments by 21 to 25 days, prompting brands to reassess their sourcing strategies and consider alternatives in countries like Cambodia, Vietnam, and India. Loss of Confidence: The protests have eroded international buyers' confidence in Bangladesh, risking a shift in orders away from the country, which could have long-term ramifications for its garment export economy. These factors collectively threaten the stability and growth of Bangladesh's crucial garment sector and opening a door for manufacturer of other nations. What's your feedback on this situation of Bangladesh?

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