This study examines the inclusiveness and efficiency of the skills formation regime in the Bangladeshi garment industry in enhancing women’s participation and ensuring their relative position in the industry. It is based on an analysis of survey data from 100 garment companies, case studies of nine selected companies, and interviews with representatives from various training institutes, government agencies, industrial and labor associations. The study contributes to the literature on the social impact of vocational education and training (VET) by evaluating the link between women’s participation in different types of skills development and their relative positions in the labor market. On the one hand, the article points to the underrepresentation of women in formal and non-formal VET programs catering to the garment industry, both at the basic skill level as well as at the technician and supervisory level.