Information Technology (IT) has created at least 40,000 jobs in the readymade garment sector of Bangladesh. This indicates the extent to which digitalization has given a boost to the biggest export earning sector of the country.
During the last one year Bangladesh has produced IT engineers and developed an IT network to provide jobs in the readymade garment sector. The old system is no more capable of handling the huge volume of activities involved in this sector.
The plan is to cover the entire sector within the IT network. As international markets are run by IT technologies, digitalization of the readymade garment trade would enable the country to further enhance apparel exports. The necessary legal frameworks have been created to introduce e-commerce and e-payment in limited areas to deliver the services in an easier, transparent and accountable manner. Measures have also been taken to introduce electronic money order and mobile cash card. With the beginning of mobile banking service, more than 1.5 crore clients have been receiving the service.
IT enables faster processes. It has been found in the automobile industry that a car that can be made in three months can with the help of IT be made in an amazing 17 minutes.
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