Copyright 2023. Dr Yasir Nawab
Share of textile declines to 45% of exports
FAISALABAD: Amidst ongoing economic recession and population hovering around 230 million, the country direly needs to promote revenue-earning sectors like agriculture and textile industry. As Pakistan is in urgent need of foreign exchange to stabilise its economy, textile promotion and subsequently enhancing exports of agriculture and textile items could help a lot in employment generation […]
Grand Challenge Fund Project “Enhancement of Global Competitiveness of Pakistani Textile Export Value-chains By Capacity Building and Product Diversification.”
Textile is the biggest organized industrial sector in Pakistan contributing 58% to exports, 8.5% to the GDP, and 45% to the total employment throughout the country. After Bangladesh, Pakistan is the second most textile-dependent country in terms of exports. During the last ten years, the growth in Pakistan’s textile exports was 28% which is quite […]
Shifting to a knowledge-based Textile Industry for meeting indigenous needs & enhancing the exports
In the wake of global pandemic COVID 19, the general response of Pakistan’s textile industry in meeting the country’s textile based personal protective equipment (PPEs) requirement remains poor. This response is not a surprise as Pakistan’s textile industry, despite the country’s largest organized industrial sector, focuses mainly on conventional textiles. PPEs and several other functional […]