INDUSTRY OF BANGLADESH

The Industry

The growth rate in the industrial sector increased to 8.1% in 1997-98 from 3.5% in 1996-97. Growth of large scale manufacturing output increased significantly by 10.1% in 1997-98 compared to only 3.4% in 1996-97.Much of the growth was concentrated in export oriented industries particularly readymade garments and hosiery. Production in domestic industries also increased, mainly because of strong domestic demand for construction-related materials. Production in various sectors of industry changed as follows: Garments (+33%).Cement (+ 32%),Sugar (+23%),Cotton textile (+9%) Fertilizer (+9%),Iron and steel (+8%),Jute textile (+7%),Natural gas (+7),Electricity (+5%),Edible oil (-2%),Leather products(-30%),News print (-75%).