Pakistan ranks fifty-fifth worldwide in factory output. Pakistans manufacturing sector accounts for about 24% of GDP. The manufacturing sector posted a growth rate of 3.56 percent during the current fiscal year July-March 2011-12 compared to 2.96 percent of the same period last year.
Textile industry Defense industry Leather industry Auto mobile industry Telecom industry Sport industry Cement industry Fertilizer industrySurgical industry Oil & Gas industry Sugar industry Chemical industry
Historically, Pakistan’s textile industry and clothing sector has always been a major contributor to the foreign exchange earner and still contributes.
The term Textile is a Latin word originating from theword texere which means to weave‘ In Asia, Pakistan is the 8thlargest exporter of textile products. The annual volume of total world textile trade is US$18 trillion which is growing at 2.5 percent. Out of it, Pakistan’s share is less than one percent.
Major Agrarian industrial sector. Generates about 55.6 % of exports Constitutes 32.6 % of Manufacturing Industry Employs 40 % of country’s working force in manufacturing sector Contributes 7.4% to the total GDP Drives Banking, Shipping ,Transport ,Insurance, Machinery, Dyes/Chemicals ,Printing/Packaging & allied sectors.
‣ 2nd largest exporter of cotton yarn‣ 3rd largest exporter of fabric‣ 4 largest grower of cotton after USA, China and India th‣ 3 largest consumer of cotton rd‣ 3 largest exporter of cotton textiles rd‣ 2 largest supplier of cotton yarn with 26% share of the nd international market
Federal Textile Board Contamination free cotton program. Textile City Garment Cities (Lahore-Faisalabad-Karachi). Compliant Labour laws. Textile Skill Development Board. Textile Training Institute Management Board. Tariff rationalization.
‣ Availability of cheap labour.‣ Good markets for products.‣ Large domestic market.‣ Industry Supportive Government Policies.‣ Free Import of cottons is Allowed (which is used for development of special fabrics)‣ Yarn dyed fabrics & high quality blends is increasing.
Low productivity resulting in high labour costs Very limited experience in generating new products Pakistan’s image continues to be that of a low quality, low price, non consistent and unreliable supplier Average quality of products
The largest problem that the industry faces today is the sales tax. Custom duty taxes. Load shedding of electricity. Interference of Govt. in industry.
The Pakistan textile industry is currently facing several challenges:‣ Need for the industry to improve the quality of its product.‣ Need for greater value addition in its products.‣ Need to undertake an up gradation in the technology used.‣ Cost of power of competitors.
‣ Assist the Industry to sustain its existing market shares‣ Synergise all policy initiatives to support the Industry to develop its competitiveness in the changing global environment‣ Focus on Short Term Strategies with result oriented approaches to help companies progress‣ Promotion of the Value Added products. This Sector has the possibility to create more than 1 million additional jobs – more than any other sector
Formation of Pakistan Compliance Initiative (PCI) by the private sector All Textile related Associations imparting awareness and training in benchmarking No child labour or sexual harassment Provision of transport to women workers
Environment Protection Agency Trade Policy emphasis on process management and environmental concerns The Government subsidizing waste water treatment plants in all industrial clusters Imports of hazardous chemicals and dyes for textiles are either banned or strictly regulated
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