Training and Development constitutes an essential ingredient in all the companies around the world. Without Training, organizational development cannot take place. It assists individuals to gain more knowledge about the work they do and learn new things that can help them achieve their career goals in future, in other words training helps a great deal in individual development. For the organization, training allows employees to be more efficient and thus increases productivity. This is why, to learn more about the training and development programs in various companies in Bangladesh and to establish a benchmark, “Performance Based Training and Development in Manufacturing Organizations in Bangladesh” report was prepared.