Foreign Direct Investment in RMG Sectors in Bangladesh: A Case Study on Pimkie Apparels Ltd

Abstract

Foreign Direct Investment (FDI) has become a critical driver of economic development and global competitiveness, particularly in the Ready-Made Garments (RMG) sector of Bangladesh. This study investigates the process and implications of FDI in Pimkie Apparels Ltd., a prominent garment manufacturer. The objective of the research is to examine how foreign investment influences the company’s organizational growth, technological advancement, production efficiency, and international market expansion. Methodologically, the study integrates both qualitative and quantitative approaches by utilizing secondary sources such as academic journals, industry reports, and policy documents, alongside primary insights from organizational records and interviews. The findings indicate that FDI has significantly strengthened Pimkie Apparels Ltd.’s compliance with international standards, enhanced operational efficiency, and improved buyer confidence. However, challenges such as regulatory constraints, infrastructural limitations, and partial dependency on foreign investors remain persistent. The research concludes that fostering a more investment-friendly policy environment, improving infrastructural facilities, and encouraging sustainable investment strategies are essential for maximizing the benefits of FDI in the RMG sector. The study offers valuable insights for policymakers, industry stakeholders, and investors seeking to enhance the role of FDI in Bangladesh’s apparel industry.