Global Journal of Human Social Science, E: Economics, Volume 22 Issue 7

consistent in their works as well as ensuring a safe environment for the child. Environmental Factors i) The use of ETPs has increased in the factory(s) due to pressures from the buyers and auditors frequently, which has lessened the water pollution to some extent. ii) Waste disposal has decreased compared to before due to advanced technology(s) used for production and the remaining products are either sold as a byproduct or used as fuel in the burners for the production of goods. iii) Renewable energy sources are used in all the green factories of the country. However, the tendency to use renewable energy and lessening overall production costs as well as pollution in the long term has been started on a small scale over the country. Economic Factors i) Sales and Business volumes are currently on a significant level ensuring the constant export of textile goods. ii) Export has increased by 2.36% overall paralleled to the previous fiscal year (2017-18). Enhancing the Training of Managers Employed in the Textile Industry: i) Having extensive training for mid-level managers regarding building the confidence and knowledge to negotiate with buyers ii) Awareness campaign for workers to the social compliances to ensure their 100% knowledge about workers’ rights and requirements of workplace safety. iii) The involvement of management students in the Textile sector with textile-based practical knowledge can ensure their adaptation into the textile-related jobs with ease. iv) Universities can play the following roles to enhance the training of managers: • Motivate students to involve in the textile sector. • Focus more on textile-based education along with management education. • Help the textile industries to give eligible students for their managerial post. V. R ecommendations To enhance the training of managers employed in the textile industry(s) more, the following initiatives are required to be taken: i) Arranging frequent workshops, training sessions to increase awareness among the employees, and regular visitations in the well-arranged factories if necessary. ii) Demonstrations of handling a conflicting situation with the workers and buyers to manage them and negotiate with them properly by protecting companies’ interests should take place. iii) Developing awareness to protect the environment and encourage them to take necessary measures for it iv) Training them to fix the workplace environment lessening the pollution and fulfilling all compliances. v) Ensuring proper knowledge of the Labor Law and Human Rights Act among the managers to make them aware of the workers’ rights before negotiating with them properly. vi) Proper development of skills to handle buyers and workers to motivate them to buy and work respectively. Training to handle emergencies like fire accidents, earthquakes, etc. VI. C onclusion This study focused on the barriers and success factors of the sustainability of the Bangladeshi textile industry from different stakeholders’ perspectives which has varied accordingly in the context of social, environmental, and economic concerns. The findings of this study have suggested the improvisation of different concerns (social, environmental, and economic) will ensure the long term sustainability of this industry as well as making the industry more profitable after some conditions from the stakeholders are fulfilled as well. As according to Rahman (2004), the RMG industry of Bangladesh has been established “with a dominant core-periphery structure of production” which are dictated by external elements where the local entrepreneurs are not in the driving seat, that is, the foreign buyers have been the topmost priority to ensure the proper fuel to this industry with more buy orders. Due to the lower expenses in Bangladesh compared to most of the countries around the world, the buyers become more interested in purchasing RMG products from this country, however, the condition is not going to be the same in this decade. The increased salaries, labor costs rise, maintaining compliance after a few incidents described in the initial segment of the study have been changing the future of the textile industry of Bangladesh. All over the world, sustainability has gained huge attention from both the buyers and sellers on a local, national and international basis, the absence of which might cause either party to suffer in the long run. However, the support system of this change of the textile industry in Bangladesh provided by the international buyers has not been the same according to their increasing demand as our findings has suggested so far in this study from the perspective of the managers. Volume XXII Issue VII Version I 86 ( ) Global Journal of Human Social Science - Year 2022 © 2022 Global Journals E Exploration of Barriers and Success Factors of Sustainability of the Bangladeshi Textile Industry at Various Stakeholders’ Level from Social, Environmental and Economical Concern