Textile forms one of the industries that can result in the growth and development of a number of developing countries. In social terms and economic terms, this industry can work as a strategy for growing a developing country. Also, as one of the top Bangladeshi company , Beximco, suggests this industry is responsible for creating jobs and generating income for many people. Among these people, women greatly rely on this industry for employing themselves. Moving further, let us now go through the economic impact as well as the social impact of this industry for strengthening the developing countries’ growth. Economic Impact of Textile Industry for Economic Growth It has been seen that a few countries are known for producing the best textile products. In these countries, the textile industry gains much importance. The industry being very big, it has formed a presence for providing jobs to many. For the formation of textile products, multiple processes need...
Today the BEXIMCO Group ("BEXIMCO" or the "Group") is the largest private sector group in Bangladesh. BEXIMCO was founded in the 1970's by two brothers – Ahmed Sohail Fasihur Rahman and Salman Fazlur Rahman. Since the early days, the Group has evolved from being primarily a commodities trading company to a leading, diversified group with a presence in industry sectors that account for nearly 75% of Bangladesh's GDP. BEXIMCO's corporate mission is "Taking Bangladesh to the world".