Strengthening Bangladesh’s RMG & Textile Industry Through Financial, Managerial, and Technological Excellence

Industry Challenges

The RMG & Textile industry contributes over 80% of Bangladesh’s total export earnings, employing more than 4 million workers, of which nearly 60% are women. Despite this economic dominance, the sector faces critical challenges:

Global Competition

Intense rivalry from Vietnam, India, and Turkey; buyers shifting focus due to supply chain diversification and ESG mandates.

Product Concentration

79% of exports rely on basic apparel items, limiting growth in higher-value categories like technical textiles.

Regulatory Burden

Complex VAT, TAX, and export/import procedures hinder business agility.

LDC Graduation Impact

Post-2026, Bangladesh will lose GSP privileges; factories must prepare for tariff exposure and
stricter sustainability standards.

Workforce & Skills Gaps

Productivity remains low; need for digital literacy and automation readiness.

Supply Chain Vulnerability

Dependence on imported raw materials increases cost and exposure to global disruptions.

ESG & Compliance Pressure

Global buyers demand transparency in labor welfare, environmental standards, and supply chain ethics.

Our Solutions

At Shubhankar & Co., we address these challenges through a combination offinancial precision, management insight, and digital transformation:

Financial & Regulatory Services

  • Financial and Management Audit (Factory & Group Level)
  • VAT & TAX Assessment, Documentation, and Submission
  • Export/Import Legalization and Regulatory Documentation
  • Payroll and Employee Benefit Assessment
  • Financial Due Diligence & Internal Control Reviews

Business Process & HR Advisory

  • Head Hunting & Recruitment Services for
    RMG and Textile Enterprises
  • HR & Compliance Audits aligned with buyer
    codes of conduct
  • Capacity Building on Financial Literacy and Digital Systems

IT & Business Automation Consultation

  • ERP System Design and
    Implementation
  • Digital Payroll, Inventory & Accounts Integration
  • Power BI Dashboards and Analytics for Production & Finance

Sustainability & Compliance Consulting

  • ESG Reporting and LEED Certification Guidance
  • Green Factory Transformation Advisory
  • Risk Management & Sustainable Supply Chain Frameworks

Trade and Growth Strategy

  • Market Diversification Consulting (Africa, Latin
    America, Middle East)
  • Post-LDC Readiness & Trade Agreement Advisory
  • Incentive, Subsidy & Cash Rebate Optimization

Expertise

Though Shubhankar & Co.is a growing firm in the consulting landscape, our team combines robust technical expertise with proven field experience:

Public Accounting

Chartered Accountants specializing in audit,
compliance, and taxation for manufacturing
sectors.

Management Consulting

Experts in business restructuring, export diversification, and organizational development.

Technology Integration

IT consultants implementing ERP, automation, and analytics platforms.

Human Capital Advisory

Specialists in labor audits, workforce assessments and recruitment for RMG businesses.

Regulatory & Legal Support

Expertise in documentation, regulatory liaison, and policy advocacy.

Success Stories

Financial Literacy & Inclusion for Female Garment Workers (2018)

Client:  Phulki NGO

Locations:  Dhaka, Gazipur, Chittagong, Narayanganj, Mymensingh

Team Size:  15 consultants

Duration:  7 months

Value:  BDT 2 million

Achievements:  Trained over 2,000 female workers on digital financial inclusion; conducted industry-wide financial literacy assessment; designed training tools later adopted by multiple NGOs.

Socio-Economic Impact of PHULKI’s Daycare for RMG Workers (2019)

Client:  Phulki NGO

Duration:  11 months

Value:  BDT 2.2 million

Outcome:  Assessed 219 working mothers; developed evidence-based policy recommendations on community daycare impact; findings shared with EU and national policymakers for replication.

Why Choose Shubhankar?

Holistic Service Portfolio

From auditing to automation – a one-stop consulting partner for RMG enterprises.

Local Roots, Global Insight

Deep Bangladesh understanding, enhanced by global consulting methodologies.

Emerging but Trusted

Proven experience with reputed organizations included in our client list.

Cross-Functional Team

Chartered Accountants, IT specialists, economists, and HR professionals.

Data-Driven Impact

Using analytics for measurable operational, financial, and social improvements.

Our Process

Step 1:  Discovery & Diagnostics– Assess client’s current financial, operational, and HR systems.
Step 2:  Strategic Roadmap– Define improvement areas and build customized action plans.
Step 3:  Implementation– Deploy audits, systems, or automation tools.
Step 4:  Capacity Building– Train management and operational teams for long term independence.
Step 5:  Performance Review– Measure impact through KPIs and continuous monitoring.

Testimonials

Ready to elevate your textile and garments business from local player to international contender?

Partner with Shubhankar & Co. today — let’s turn your growth ambitions into measurable results.