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Establishing a Virtual Marketplace Platform for the Apparel Sector: Business Feasibility & Policy Landscaping

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LightCastle Analytics Wing
January 28, 2024
Establishing a Virtual Marketplace Platform for the Apparel Sector: Business Feasibility & Policy Landscaping

As the Ready-Made Garments (RMG) sector in Bangladesh aims to strengthen its position in the global market, digital transformation emerges as a pivotal enabler. However, the existing regulatory periphery, particularly pertaining to international trade and transactions, poses compatibility challenges for the Bangladeshi apparel industry to access the burgeoning online market.

In response, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has commissioned LightCastle Partners to conduct a comprehensive feasibility assessment, delving into the necessary policy reformations, market potential, and the sector’s readiness for such a transformation.

The outcome aims to suggest a business model and an action plan, outlining the requisite strategies for the successful implementation of the platform.


Download the Full Report

BGMEA Report Virtual Marketplace Platform If you are interested to learn more Document download full report

Download the Presentation Deck from the Launch Event

BGMEA Report Virtual Marketplace Platform If you are interested to learn more Document download full report

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WRITTEN BY: LightCastle Analytics Wing

At LightCastle, we take a systemic and data-driven approach to create opportunities for growth and impact. We are an international management consulting firm which creates systemic and data-driven opportunities for growth and impact in emerging markets. By collaborating with development partners and leveraging the power of the private sector, we strive to boost economies, inspire businesses, and change lives at scale.

For further clarifications, contact here: [email protected]

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