So, what does this RMG term stands for? What is meaning of RMG?
The full form of RMG is Ready Made Garment. Where R= Ready, M=made, and G=garment.
RMG term can be defined as the apparel items that are completely stitched and finished in industrial production environment and the garment is ready for wearing. Nowadays we prefer buying ready-made garments rather than buying fabrics and giving it to a tailor for custom-made garment.
Whatever apparel item you buy from the clothing store, or a brand’s retail outlet that you can wear after purchasing it, is called a ready-made garment(RMG).
In Asian countries mainly in Bangladesh and in India, RMG term is widely used in place of garment export houses or garment manufacturing business. You also read it that RMG industry is a labor intensive industry.