chapter  14
29 Pages

Value Chain in the Light Engineering Sector of Bangladesh: Challenges towards the Development of Regional Linkages

ByKhondaker Golam Moazzem, Mehruna Islam Chowdhury

Building competitiveness and taking part in the international value chain often become challenging for industries of the least developed countries (LDCs) owing to various internal and external constraints. The light engineering sector (LES) of Bangladesh which comprises the considerable share of small-and medium-scale enterprises (SMEs), despite their substantial contribution in the GDP and employment, is struggling to build its competitiveness both at local and global levels.1 Notwithstanding their limited scale of operation, less use of state-of-the-art technologies and less manufacture of diversifi ed products, there are a few examples of success where domestic industries are increasingly taking on the role of import-substitution.