Negative Impact of COVID-19 on the Small & Medium Garments Manufacturers & Suppliers of Bangladesh and Possible Solutions to Overcome the Outbreak

Abstract

In the context of the pervasive global pandemic, this research article meticulously investigates the detrimental repercussions inflicted upon Bangladesh's small and medium-sized garment industry by the relentless onslaught of COVID-19. Through a comprehensive lens, it scrutinizes the intricate challenges faced by manufacturers and suppliers, ranging from disrupted supply chains and diminished consumer demand to financial strain and workforce implications. Delving into the nuanced layers of this crisis, the research articulates the profound impact on the economic landscape and social fabric of the nation. The article not only highlights the adversities but also serves as a beacon of resilience, presenting an array of potential solutions to navigate and transcend the challenges posed by the pandemic. These solutions encompass strategic adaptations in business models, leveraging technology for operational efficiency, policy recommendations for industry support, and fostering international collaborations to bolster recovery efforts. This research article thoroughly examines the adverse repercussions of the COVID-19 pandemic on Bangladesh's small and medium-sized garment industry, specifically focusing on manufacturers and suppliers. The detailed abstract delves into the multifaceted challenges faced by these entities, ranging from disrupted supply chains to decreased consumer demand. The article also provides a comprehensive analysis of potential solutions, proposing strategies and interventions aimed at helping the industry recover and thrive despite the ongoing outbreak.