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Future-Proofing RMG: Powering a Sustainable Future for Bangladesh

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LightCastle Analytics Wing
November 21, 2024

LightCastle Partners has been deeply involved in working to future-proof the Ready-Made Garments (RMG) sector through rigorous research and policy advocacy under the Bunon 2030 initiative. This initiative is designed to enhance the sector’s competitive advantage while ensuring the wellbeing of its workforce.

As part of this program, our team of analysts and consultants is sharing their expertise through the ‘Future-Proofing RMG’ video series, where they delve into crucial topics such as automation, circular economy policies, and the adoption of renewable energy.

In this edition, Sakina Binte Belayet, one of our business analysts, dives deep into the role of renewable energy in shaping the future of Bangladesh’s industries. With the energy crisis looming large, driven by depleting natural gas reserves and rising costs of imported fossil fuel, the shift towards renewable energy has become essential for sustainable growth.

The RMG sector is already leading this transition, with investments in rooftop solar power. As renewable energy becomes a critical part of our industrial strategy, it offers Bangladesh the opportunity to not only address energy security but also reduce its carbon footprint and enhance long-term resilience.


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Published 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.

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